this post was submitted on 24 Sep 2025
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[–] balderdash9@lemmy.zip 155 points 2 days ago* (last edited 2 days ago) (3 children)
[–] floquant@lemmy.dbzer0.com 59 points 2 days ago (1 children)

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.

[–] Korhaka@sopuli.xyz 9 points 1 day ago (3 children)

Why should I give a shit about their economy anyway?

[–] Evkob@lemmy.ca 13 points 1 day ago (2 children)

When articles mention "The Economy" it just means rich people's money.

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[–] Obi@sopuli.xyz 9 points 1 day ago

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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[–] Nikls94@lemmy.world 52 points 1 day ago (2 children)

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

[–] explodicle@sh.itjust.works 16 points 1 day ago (3 children)

Yeah but think of how cheap TVs that you don't need are.

[–] Clent@lemmy.dbzer0.com 8 points 1 day ago

But no matter how much ketchup I use, I can't cover up the bitter taste of the TVs lcd panel.

[–] winkerjadams@lemmy.dbzer0.com 5 points 1 day ago (3 children)

That spy on you and sell your data and then get so slow with updates after a few years you need a new one. And have advertisements baked in

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[–] CubitOom@infosec.pub 31 points 2 days ago* (last edited 2 days ago) (1 children)

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

[–] balderdash9@lemmy.zip 36 points 2 days ago (1 children)

How does this formula account for the fact that I can't do math? Bet you didn't think of that.

[–] Holytimes@sh.itjust.works 14 points 1 day ago (2 children)

In this case everything costs 50 unless it costs 100! Ez pz

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[–] bridgeenjoyer@sh.itjust.works 30 points 1 day ago (1 children)

I shouldn't need to sound like a 90 year old at my age.

"When I was a kid this was a dollar!!!"

[–] explodicle@sh.itjust.works 6 points 1 day ago

They were saying that because it was weird to them. Inflation as we know it didn't really start until Nixon.

[–] Quexotic@infosec.pub 27 points 1 day ago

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.

[–] dingus@lemmy.world 26 points 1 day ago (1 children)

It's one banana, Michael! What could it possibly cost? $10???

Yes.

[–] HeyThisIsntTheYMCA@lemmy.world 24 points 1 day ago (1 children)

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

[–] explodicle@sh.itjust.works 5 points 1 day ago (1 children)

Which school of economics did you learn?

bullshit mostly. i was a micro guy not a macro guy.

[–] SkunkWorkz@lemmy.world 17 points 1 day ago (7 children)

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.

https://youtube.com/shorts/PL1d0xiHRhg

[–] AA5B@lemmy.world 6 points 1 day ago

Fooled them, I already don’t go into stores. I order everything online. ….. where. … they. …. Probably …. Already …. Do … that

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[–] NewAgeOldPerson@lemmy.world 13 points 1 day ago
[–] Kolanaki@pawb.social 11 points 2 days ago

My hair ties were only $0.96 for a 30 pack before summer. The fucking things are $6 now!

[–] Doorbook@lemmy.world 11 points 1 day ago (2 children)

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

[–] Fredthefishlord@lemmy.blahaj.zone 12 points 23 hours ago* (last edited 23 hours ago) (10 children)

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

[–] titanicx@lemmy.zip 5 points 23 hours ago (5 children)

His whole argument ignores labor costs.

[–] rumba@lemmy.zip 6 points 20 hours ago (1 children)

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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[–] DudenessBoy@sh.itjust.works 9 points 1 day ago

Money is just pieces of paper and digital numbers. It's only worth anything because we say it is.

[–] Deflated0ne@lemmy.world 7 points 1 day ago (1 children)
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[–] remon@ani.social 7 points 1 day ago* (last edited 1 day ago)

Yeah, at this point it just some random number you briefly see on the checkout screen.

[–] mtpender@piefed.social 7 points 2 days ago (2 children)
[–] theUwUhugger@lemmy.world 30 points 2 days ago (5 children)

Minimal wage hasn’t been raised since 2009 in the US

[–] salacious_coaster@infosec.pub 16 points 2 days ago (2 children)

Also systematic monopolization of everything by like five companies. With no realistic possibility of price competition, prices will go up until people decide to stop buying things altogether

[–] BanMe@lemmy.world 14 points 1 day ago (1 children)

People keep making the point that in the worst of the depression, they were giving away tableware to just get people in the stores.

The CEO of McDonalds is currently lobbying the White House to raise the minimum wage. Saying there's a "two track economy" and point out stratification. Curious.

They're noticing they squeezed us too hard, not just as consumers but as a class. To the point where it's eating their sales now. So they'll adjust it just high enough that we keep bleeding for them.

Breadcrumbs.

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[–] theUwUhugger@lemmy.world 5 points 2 days ago

If only those elections weren’t uncontrolled fund raisers…

[–] Skullgrid@lemmy.world 12 points 2 days ago (1 children)

What's worse is that the guy that was meant to be in horrid poverty in the christmas carol, earned more, adjusted for inflation, than bernie sander's proposed 15 bucks an hour...

let alone the current minimum US wage.

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[–] Aedis@lemmy.world 8 points 1 day ago

And the poverty line hasn't been adjusted since the 60's iirc. No president wants to be the one that tells everyone we have so much more poverty now!

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[–] SpaceNoodle@lemmy.world 6 points 2 days ago

And also the kidnapping of farm workers

[–] starman2112@sh.itjust.works 7 points 20 hours ago

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

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