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McDonalds has gotten so expensive. a mcdouble that was literally $1.50-$2 2-3 years ago is at least $4 now. Unless you game coupons you’re spending a similar am
by solsane 2y ago
McDonalds has gotten so expensive. a mcdouble that was literally $1.50-$2 2-3 years ago is at least $4 now. Unless you game coupons you’re spending a similar amount to dine in restaurants in my experience.
- bossyTeacher 2y agoIt is possible that part of that increase is inflation
- lamontcg 2y agoThat increase literally is inflation. All of it. By definition.
- _dain_ 2y agoHas there been >100% inflation over the past two years?
- vkou 2y agoInflation is the average increase in the cost of goods across the whole economy. Cost of some goods grows at different rates from the cost of others. Since COVID, service jobs have seen wage growth that's been much faster than the overall inflation rate.
- JaumeGreen 2y agoThe problem with inflation in prizes is that some companies do not follow it with inflation in salaries.
- fghffgjjffd 2y ago[flagged]
- bossyTeacher 2y agoif companies increase the prices, then increasing the salaries cancels out of the price increase. It's like a room with 10 adults and 20 phones, every adult can get 2 phones, then inflation man brings 10 adults into a room decreasing everyone's entitlement to 1 phone each. The the company adds 10 adults and then 10 phones, it means that every one still gets the same reduced amount of phones: 1.
- JaumeGreen 2y agoYour comparison is really strange, and I didn't say that the salary increase was too be equal to the price increase. I was not going against capitalism and increasing benefits in that comment, just for some equality. After all if no one can pay the increased prices the system crashes too.
- fireflash38 2y agoThey're just doing good old capitalism. Push it til it breaks, then back off one step.
- frognumber 2y agoI understand the theory, but practice doesn't work like that. Lost customers and brand are lost. And new competitors stick around.
- fireflash38 2y agoIt's why they push it harder when theres a convenient excuse to raise prices. Less reputational or brand harm if you get to blame Middle East, OPEC, hurricanes, inflation, etc. And for a lot of the big ones, they can always drop prices back and crush competitors before going back up.
- s1artibartfast 2y agoWhich is fine because Big macs aren't a human right. Churn is acceptable, if not desirable.
- fghffgjjffd 2y agoCustomers have several burger options beyond McDonald's. That's good old capitalism.
- tonymet 2y agotheir app and kiosk coupons are onerous. one per order. your discounts are geo-locked for 15 minutes per order. any mistakes are penalized with a app lockout. Their app restrictions were designed by a prison guard sitting with a lawyer
- riku_iki 2y agoI am wondering why there is no low price vending machines for sandwitches, salads and burgers, hope some startup will catch up..
- silverquiet 2y agoI think of my local grocery store (HEB - a Texas regional chain that I have a lot of respect for) as essentially that. Just grab a sandwich or salad and take it to a self checkout. Certainly it’s helped keep my cost of lunch down and been healthier than fast food by far.