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They're just doing good old capitalism. Push it til it breaks, then back off one step.
by fireflash38 2y ago
They'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.