Turns out when you take $2B from consumers and put it into investor’s pockets, less money is available to spend on consumer goods next month. Who woulda thunk.
Turns out when you take $2B from consumers and put it into investor’s pockets, less money is available to spend on consumer goods next month. Who woulda thunk.
As long as population or automation continues to increase, profit rates can continue to grow.
McDonalds and other large fast food chains were hit hard recently, not by general inflation but by specific legislation targeting them, forcing wage increases above general minimum wage increases. Pretty unfair by rational standards but everyone hates greedy corporate mcdonalds so easy to pass.
"Since 2014, it has raised its menu prices by 100%"
... during the same time period, US inflation has been 32%.
that and they introduce a new nugget sauce and charge an extra 5$ because its limited edition