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Comments by "" (@gezenews) on "Apple Issues Stark Warning to the Economy" video.
I went to walmart to buy hot dogs and peanut butter and everybody was buying the same shit. I could only find one brand of beef hotdogs, and they are approaching $1 per fucking dog (remember its beef so its the more expensive option but still).
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@Matt_K yeah people don't realize the reason Applebees now cost close to the same as mcdonalds is that have their meals are preserved and microwaved.
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@MimiKeel Because it used to be a handful of specific dishes. Now it is the entire menu. The main difference is that it used to be a markup. Now it's just a very small margin on cheap food, same as mcdonalds.
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That does not make sense. Inventory is up. This only makes sense if you assume they are severely lacking in money.
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All of those are survival cutbacks. There's a reason that fast food has met prices with all these sit down restaurants.
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@transationalien Corporate profits do not cause inflation. Printing money does. What you are describing is the failure to hide printed money in banks and anywhere else outside the market, which is just a dubious stalling tactic. OBVIOUSLY you cannot do that forever.
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That's not how inflation works. If you fight inflation that hard you get deflation, which is a depression precursor. Which is horrifying.
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@lilpandanesegirl They are. It's corpo fascism at its best/worst.
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Because printed money is a guarantee
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@IstillHeartMyPrivacy yeah that felt bad in 2020 but now its just clearing out the riot hedgers. That is employees hired to mitigate riot damage rather than as an investment into the future. I'm finally getting call backs from companies. And to be clear I think its too late and we're going off the cliff no matter what.
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@transationalien That is objectively delusional. Corporations have always been greedy. Their entire stated purpose is money. Your suggestion is that every company for every product has conspired to increase the cost of goods? Gee sounds a lot like inflation.
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@CaptainCaveman1170 The party never ends. Thats the great thing about the printer. It just turns into a lot of wheelbarrow games is all.
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@CaptainCaveman1170 yeah that's my optimistic view. They've created quite a complicated system of production that is working way longer than you would expect. But they've made these companies so brittle and I think that will be the breaking point. They can print money to create the demand they want but they have detached the businesses from the incentives to satisfy consumers, and they cannot get back on track.
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@Danny-bd1ch I thought this was just the McDonalds business model done in reverse.
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