• xia@lemmy.sdf.org
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    13 days ago

    I’m surprised they are not all 200%, didn’t tge money supply double in that time period?

  • Pulptastic@midwest.social
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    13 days ago

    McDoubles were $1 many places until 2016 or later. My standard McD meal for years was 3 McDoubles for $3. After that they raised McDoubles to closer to $2 but the McTriple was also about $2 so I switched to 2 McTriples for $4.

    Now the only way to get a decent price meal is to use the app and I refuse to use the app. Now and then they’ll have a 2/$6 deal but it still feels overpriced.

    • Mushroomm@sh.itjust.works
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      13 days ago

      I got two mcdoubles and a pineapple mango smoothie the other day and it was 12 bucks. First time I went in over a year. Canada. I’ll never go back

  • ikidd@lemmy.world
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    13 days ago

    I gave up on McDonalds. I can get better food elsewhere for half the price. Their trash was ok for pushing a turd, but not for what they charge today.

  • deadcatbounce@reddthat.com
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    13 days ago

    Everyone knows that McDonald’s don’t degrade over time. You can put one in its original bag in the closet for a number of years without problems.

    Shame on you for not buying in bulk when the price was more amenable. Get down to your local McDonald’s now and buy yourself at least 57 Big Macs which I’ve calculated to be the optimal amount until global warming renders this planet a cinder. And get me a chocolate milkshake while you’re at it, please.

  • Mwa@lemm.ee
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    12 days ago

    Not Worth it their food is not very good anyways its average.

  • HelixDab2@lemm.ee
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    14 days ago

    IMO, it might be a good idea to compare those prices against relative purchasing power of a dollar. I don’t know how those prices stack up to the overall rate of inflation or CPI, or even the cost of the specific ingredients. I would have less of an issue with price increases if a) McDonald’s profit margin–as a percentage of cost–remained steady, and b) the cost held steady against the relative value of the dollar overall. If it’s just arbitrarily raising prices because they can, then that’s bullshit.

    • meowMix2525@lemm.ee
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      14 days ago

      McDonald’s profit margin–as a percentage of cost–remained steady

      It’s cute you think a publicly traded company would allow for that, especially for a leader in a market as fully saturated as fast-food. When you’ve reached every person, there’s not much left to do but increase profit margins by cutting costs and raising prices.

      If that line stops going up, executives can be voted out by the shareholders and lose their generous pay packages and bonuses! Last year’s billions in profit just isn’t good enough when there’s quarterly earnings reports to be made and shareholder wealth to be maximized!

      • HelixDab2@lemm.ee
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        13 days ago

        That’s one of the major issues that I have with corporations; there’s very little interest in sustainable profitability, and a laser-like focus on growth for the sake of growth. And sometimes the product that a company makes isn’t even “sustainable” per se. That is, if you make certain durable goods, eventually you should be reaching a point where demand will slow to a trickle as the market becomes saturated, and that’s okay.

    • Itsamelemmy@lemmy.zip
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      14 days ago

      From a quick googlebthe dollar inflation is up 33% since 2014. The lowest increase is 67%.

      • Jackthelad@lemmy.world
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        14 days ago

        The Liberal Democrats in the UK are infamous for their dodgy bar charts in election leaflets, where the percentages don’t match up with the bars at all.

        Similar to this:

        It’s a running joke in the UK.

  • randon31415@lemmy.world
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    14 days ago

    If this was just McDonalds, shouldn’t there be a Burger King that didn’t raise prices to try to gain back market share?

    And if this was all fast food joints, is there a common reason besides greed that it happened? If it was just greed, you would think one of their competitors could WALMART (lower prices until competition dies) them.

    • Maggoty@lemmy.world
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      14 days ago

      Because they aren’t competing in the way free market ideologists say they should. It generally takes a 200 level economics class less than a day to figure out a price cartel is far better for the companies involved. I’m sure the professionals have their back channels and third party price consultants already figured out.

  • realitista@lemm.ee
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    14 days ago

    The graph itself’s utter lack of proportion is more infuriating than the content.

  • mechoman444@lemmy.world
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    14 days ago

    They did bring back the 5 dollar meal though, at least in my region. Which immediately makes them a viable option.

    But the five dollar meal is weird in comparison to everything else they offer.

    For example, a small fries by itself is $2.50 half the cost of the whole 5 dollar meal.

    To me this indicates that they’re just arbitrarily increasing prices for the sake of them being more expensive.

    The problem of course with raising prices at McDonald’s is that people eat there because they’re supposed to be cheap and fast. Not because of their “gourmet” food.