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this post was submitted on 24 Sep 2025
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Thank you. Every time someone says "The Economy™" as something that should drive policy instead of being an effect of it, I get a little twitch.
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And yet whenever you try to bring this up you get folks from all sides of the political spectrum losing their shit.
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Everything can be compared to the basic ( water - flour - milk - eggs - chicken )
If a chicken is 10$ and full roasted chicken is 12$ and a burger is 15$ you know it is a scam.
If 1 kg of flour is 2$ but a small piece of bread is 7$ you know it's a scam..
Coffee is a good example, single origin roasted coffee beans with 300gm is 17$ you can get 15 cup of it. That's rounds up to 1$ per coffee cup. If you the coffee in a store cost more than 2$ you know it's a scam. But you can take into account other expenses ( staff - settings - experience) and decide based on that
If 1 kg of flour is 2$ but a small piece of bread is 7$ you know it's a scam..
This is ignoring labor costs and possible artisan experience, depending on where you buy bread. Also funny because paying $2 for a kg of flour would be a crazy scam; that's more expensive than even the some of the fancier flour brands, which already 3x base price
His whole argument ignores labor costs.
Yes and no. Labor costs are being ignored, but they're not all that significant. If you add in even a relatively high minimum wage, the cost blurs out with any volume. Whether you cost them $7 for an hour or $14 is just the difference of a single wasted meal at current prices.
Profit and Loss sheets are messy. They're paying back of house, front of house, a manager, power, maintenance and rent, but then they're making dozens of meals an hour. They're paying 1/10 of the cost for raw ingredients.
Herein lies the rub:
In 2018, a fast food meal at a number of places for 4 ran about $30-$40; currently, it's closer to $60.
Tacobell still sells a meal for less than $7 with a drink and enough food to satiate an obese II adult. It's gone up maybe $1.50 since 2018.
Selection and quality have gone down. Most places have been understaffed since covid, they're paying less in wages, value menus are disappearing.
It would seem that a bunch of places took opportunities to raise their prices until the lines dissapeared. I remember a time, not long ago, if you went to a drive-through around dinner, you were going to be there for a while. McDonalds put in second lanes in most stores to handle the load.
I don't think I've been in a fast food line with more than 2 cars in a few years.
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Every cost is labour cost in the end. It's a bit off topic but was a interesting realisation for me. Every time you pay something you pay for another human's labour in the end.
Every cost is labour cost in the end. It’s a bit off topic but was a interesting realisation for me. Every time you pay something you pay for another human’s labour in the end.
nope. you also pay for the right to extract materials out of the ground (mining rights). that is typically a tax, paid to the state or local community.
and then there's company profits. where do these go?
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Big name stores will all move to personalized surveillance pricing. They will track your phone when you go into a store. Cross reference the fingerprint of your device to a database full of data on you that they’ve bought from a databroker. And then use that to jack up the price on the e-price tag if they know you really need that product. Plus they even will change the price on their website when you double check the price.
Fooled them, I already don’t go into stores. I order everything online. ….. where. … they. …. Probably …. Already …. Do … that
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Exactly how I felt after buying four mozzarella sticks at QuikTrip earlier. This shit cost me over a dollar per stick. They're not even big mozz sticks, they're like 80 calories each
Big Mac used to be 3.19 back in 2012, now it’s 6.09 but I don’t make double of what I did back then
Yeah but think of how cheap TVs that you don't need are.
But no matter how much ketchup I use, I can't cover up the bitter taste of the TVs lcd panel.
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Inflation is underreported. They say it's 3% annually when it's actually 4% annually, so they can get away with it more easily if they only give you a nominal 3% pay increase.
They're doing this by throwing food in the basket together with TVs and consumer electronics.
Since consumer electronics get cheaper constantly, that lowers the amount of total inflation. But food costs increase more than the total inflation. And that's what we should actually consider as the "proper" inflation, since it defines our cost of living increase.
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Welcome to who's line is it anyway! Where the rules are made up and the points don't matter. 😉
so many things are going on that seem to violate the bullshit i learned in economics school that i am having trouble processing this reality as real, even though i know it is. it's unsettling
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Money is just pieces of paper and digital numbers. It's only worth anything because we say it is.
it's worth noting that the usdollar is worth something because the military says it is. if you don't pay your taxes in dollar, you go to prison where you get anally raped.
however, the military gets its strength through the legitimation by the people (democracy), so in the end, yes, the will of the people causes the political will, which causes military strength, which causes the value of the dollar. it's a longer chain.
I get this is just a shit post but this really gets at the unreality that has been manufactured for us. a lack of stability that makes everything just a little bit more unbelievable.
I shouldn't need to sound like a 90 year old at my age.
"When I was a kid this was a dollar!!!"
They were saying that because it was weird to them. Inflation as we know it didn't really start until Nixon.
I use this simple formula:
Fisrt count the number of years Trump is in office, then multiply that by 0.5. Now multiply that by the price you would normally guess the cost to be.
So if Trump is in office for 5 years, and you think something should cost $20 it turns out to be:
(5*0.5)(20)=50
Making that thing that should only cost $20 actually cost $50
How does this formula account for the fact that I can't do math? Bet you didn't think of that.
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Money isn't real, and humanity will keep enslaving itself until we equally distribute the products of our labor.
Food and housing didn't cost money until we decided it did.
We can decide to change things again.
This is also why we could decide billionaires own nothing.
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A strange thing to me, and maybe I'm thinking about it incorrectly, is that things on Amazon sometimes cost significantly less than in the store. My hair products are easily 5 dollars cheaper than the store. I hate Amazon and I realize I am paying for delivery, but I just don't get the economics of that.
Also, I live close to the US border and I will clothing shop there,it's WAY cheaper, and let's face it, it's all made in sweat shops regardless so might as well save a buck. Honestly department store pricing is just rigged, like if you go with the coupons and app offers and long weekend sales, etc, I can get a ton of clothes for under 400 dollars, which would not get me far at all in Canada, easily I quadruple the amount of clothes I can buy, even factoring for the exchange rate. When I read the receipt, everything is knocked off and under 25 dollars at the end of the sale. I don't get it.
Amazon is far more efficient. The store has to move the thing there, put it on a shelf. Keep the lights on. Keep the store clean and staffed.
Amazon uses algorithms to distribute a few of those items to some mega wearhouse near you. It gets picked up by someone also picking up a dozen other things. And the cost of delivery is not the whole distance, your cost is just the last delivery location to yours, and those routes are plotted algorithmically to be as effecient as possible.
You driving to the store burning that much gas and wearing your tires the whole round trip, just for the one thing makes it further inefficient.
Stores literally only make sense if you want to try the thing out, for fresh local food, or for a bulk trip like Costco, where its more of a wearhouse than a store, and you pack you car so full you're basically acting as the Amazon delivery driver. That's why stores like CVS and Walgreens are closing all over, it simply makes no economic sense anymore.
Amazon is running lean until they can put all the brick and mortars out of business. Then they'll raise their prices an order of magnitude.
Yeah, at this point it just some random number you briefly see on the checkout screen.
I will absolutely stand by the idea that burgers should cost MAXIMUM 10 dollars ansd come with fries
Basic burgers with a single patty, a piece of lettuce, ring of onion and slice of tomato should be 5.
Pepperidge Farm Remembers:
https://theonion.com/u-s-economy-grinds-to-halt-as-nation-realizes-money-ju-1819571322/
Time to share this antiquated "news."
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