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The big mac has more than doubled since 2000 according to the Big Mac Index: $2.24 -> $5.58. I think the issue is the high end didn't rise nearly as much as the
by jclardy 3y ago
The big mac has more than doubled since 2000 according to the Big Mac Index: $2.24 -> $5.58. I think the issue is the high end didn't rise nearly as much as the low end. Your BMW is a good example..a 2000 Honda Civic: $10,750, 2023 Civic: $23,750.
- sgerenser 3y agoYeah, but the fast food example has a large price discrimination component. Only those not using the app pay the high prices. Last Big Mac I bought was $2.50 (earlier this year). Civic is more interesting, since the 2023 base-model Civic has far more technology, far better safety features, automatic transmission, and is quite a big larger than the 2000 model. Wouldn’t be surprised if the 2000 base model Civic didn’t even have power windows. That being said, if all you want is basic transportation, then your choices are much more limited than they were in 2000.
- CraigJPerry 3y ago[dead]