Corporate America may be bumping up against the limit of its power to keep raising prices as consumers in some markets cry uncle.

“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

  • psycho_driver@lemmy.worldEnglish
    18·
    9 months ago

    While on this subject – my family and I very rarely eat out and it’s been that way since before greedflation hit. I realize that’s not the case or even feasible for everyone. For anyone in a situation where they actually need to eat out (or just really, really want to), start looking at your local sit-down restaurants. Some of them are cheaper to eat at now than to go through a drive through and grab a ‘value’ meal.

    • blackbirdbiryani@lemmy.worldEnglish
      3·
      9 months ago

      In my experience, almost every small business restaurant has jumped on the greedflation train too. Otherwise these big corpos wouldve adjusted their pricing.

      • criitz@reddthat.comEnglish
        8·
        9 months ago

        People with low food security and low education don’t always have a great ability to cook at home and need to eat fast food sometimes.

      • Ookami38@sh.itjust.worksEnglish
        41·
        9 months ago

        Even beyond the fact that time, energy, motivation, knowledge aren’t always available to cook… There are a TON of food deserts in the United States. Places where your options are one of 3 fast food joints, or a dollar general. The nearest grocery store is sometimes an hour away. And, of course, if you live in the food desert, you probably work in the food desert, which is going to have shit wages, meaning your car probably isn’t reliable enough to get groceries from that far away.