this post was submitted on 07 Feb 2024
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"Even though we're pushing through pricing, the consumer is tolerating it well," he said in October analyst call.

normal way to talk about 'fellow' human beings

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[–] [email protected] 13 points 9 months ago (21 children)

This is how supply and demand and inflation are supposed to work. Prices get inflated because the supply is low and the demand is high. We’re now at the tipping point where the market is saying it’s too much. We should have been saying it was too much, via our wallets, years ago.

Cry all you want about corporate greed but it’s largely unregulated so the supply for their wallet still counts as supply. If you’re still paying for it, they’re going to keep raising the prices. What’s something worth? What someone will pay for it.

Why is beef still expensive? Because people keep buying it. https://www.marketplace.org/2024/01/10/if-inflation-slowed-down-in-2023-why-is-my-grocery-bill-so-high/

[–] [email protected] 27 points 9 months ago (19 children)

It's not supply being low, it's about captured markets via strategic regulation chokes.

I can literally buy a half pallet of hasbrowns for less than 4 or 5 trips to the family at McD. I just am not going to invest in a fryer...

[–] [email protected] 3 points 9 months ago (1 children)

They sell mini fryers for under $100. I was gifted one that I never use because one liter of oil, is one liter too many.

[–] [email protected] 3 points 9 months ago

The "investment" is not purely about the initial cost. It's about buying oil and either having to chill it between uses and clean the machine or using it almost daily. The less you use a fryer the more time it takes to use, and if your using it constantly that just means your constantly eating like shit. The fact of the matter is I don't need a fryer and I don't actually need a hashbrown.

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