Restaurants and Inflation

[bojo68]

Wow you're going to be unprepared when the SHTF, only 200 rolls.

If the SHTF, he won't NEED tp....

 

[Michigan11]

If the SHTF, he won't NEED tp....

Nobody knows that just yet. Continue stocking up.

 

[smokey]

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Raising prices in the face of rising unemployment and underemployment is suicidal.

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[Michigan11]

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Raising prices in the face of rising unemployment and underemployment is suicidal.

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This is why I have setup this thread. No business would wish to raise prices in this environment, unless they had to. I believe we are on the cusp of hyperinflation. Right now we are starting to see the hidden pressures of this built up inflation in the system work it's way out to the consumer.

 

[CUnknown]

Arby's 5 for 5 sandwiches is back. That's one example of lowered prices, heh. But, yeah, I agree that stuff is mostly the same except for gas.

 

[HOLLYWOOD]

smaller case (and can) sizes will be viewed as "product improvements" and thus not be reflected in CPI calculations....

BINGO! Give that person a cigar...

Next time you're in a grocery store... just chat a bit with any stock clerk... they'd be glad to share how all the packaging has been changed and product reduced.

Then there's the inflationary aspects...

if inflation is running 10% / year... earnings and sales are up 1-2% it's still viewed as a success. What a joke!

just remember:

90% of ALL statistics can be made to say anything 100% of the time.

Financial Propaganda on top of the typical quarterly "Cooking of the Books"

PS: Wendy's Dollar Menu.. should be changed to Wendy's Micro Menu <=== minaturize your product then market it as a new "Diet/Low Cal Menu"!

 

[Chester Copperpot]

If you have went out to eat at any restaurants lately, you may have noticed; a lack of customers, smaller staff, "new menus", higher prices and/or smaller portions, drinks cost more, food choices are geared away from more costly foods, etc....

A pizza chain, has changed the size of their pizzas, the amount of dough, and the ingredients I can tell. This didn't happen at every store at once though, it started months ago, then I just noticed the size of their salads got smaller.


The reason why I post this is because there isn't one thing besides gas, that is actually getting cheaper that I know of or use. Even cigarettes are inching up around here, about .20 cents a pack, in the last couple of months.

One last point, how high are postage rates expected to climb, seeming that they are cutting thousands of jobs due to a lack of profit?....or natural gas for heating this winter is climbing in double digits...

If anyone can point out real examples of deflation, have at it!

Youll also notice they dont price side items and beverages at places like Fridays anymore.. That way they can raise the price of a ginger ale from $1.49 to $2.49 without affecting your dinner.

Ive read food prices are starting to come down.. As the cheaper fuel costs spill into other aspects of the market food prices should come down aswell.

Ive noticed prices for oranges coming down in NJ.. as well as the price for an overnight FEDEX..

 

[Michigan11]

Arby's 5 for 5 sandwiches is back. That's one example of lowered prices, heh. But, yeah, I agree that stuff is mostly the same except for gas.

5 for 5! LOL.

Those are pretty damn good....I'm going to go eat now