Recent comments in /f/dataisbeautiful

ThePhilosofyzr t1_jcgaxbf wrote

To clarify; do you posit that this year's historically high price of eggs was due to commodity speculation more so than just a reduction in production (due to culling)?

I am not sure that I understand what the lack of a correlation between the change in prices of chicken sold for meat, & the change in prices of eggs demonstrates on behalf of your argument. My knowledge of chicken farming begins & ends with the understanding that chickens raised to produce eggs are generally not the ones sold for meat, but that understanding comes from smaller farms, not industrial scale farming.

I am, truthfully, not that interested in the results with regard to how it affected or affects the egg market, but I am interested in making sure I understand your argument.

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kompootor t1_jcg8g15 wrote

Yes, it links to the data. I recommend you amend the newsletter to include the source as well, if you want people to take your publication seriously. (I know it's just a simple 2D line graph of the data, but that's perfectly ok for a professional visualization -- what's not ok is not linking to the data directly if available.)

Your title, or something, needs to clarify that it's either using CPI or adjusted for inflation -- either works. BLS also publishes data on "average price" in USD, which is not adjusted, so what you have is ambiguous at best -- though my initial assumption was that your graph wasn't adjusted, because a lot of times data that's not adjusted does not explicitly specify that it's "not adjusted" -- see e.g. any graph or dataset from IMF. So that really needs to be specified.

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hawklost t1_jcg3ni4 wrote

It's actually always been fascinating to me, in the 40 years my mother has banked at the exact same location, it has been owned by 7 different banks.

Each time the smaller bank was bought out by a slightly larger one, that was then taken over by a third. Until now it is owned by one of the big 5 (has been for years now).

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