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And yet, groceries have never been cheaper. So the question becomes which do you want: consumer benefits, or your aesthetic preferences regarding how big a comp
by jeffbee 1y ago
And yet, groceries have never been cheaper. So the question becomes which do you want: consumer benefits, or your aesthetic preferences regarding how big a company should be?
- xrd 1y agoShould jobs be a factor as well? I see a lot of job loss in small town Iowa and Nebraska. I don't live there and people there have definitely voted with their wallets. Food plus quality price index in Japan and France look better to me despite the lack of Walmarts. And, I read some things about price collusion of the major grocers during the pandemic that makes me concerned. I will say, thanks for being a human and discussing this as a human. Too many bots on HN lately.
- jeffbee 1y agoYou can analyze it on that basis, but it's a political question. Is the grocery industry a jobs program?
- bix6 1y agoGroceries were cheapest around 2000 and have gotten more expensive since? Particularly 2020 on
- saagarjha 1y agoGroceries have gotten cheaper because the companies selling it pass off their negative externalities to society.