Other leading fast food restaurants increased prices by about 60% between 2014 and 2024, according to analysis from FinanceBuzz.

  • AwkwardLookMonkeyPuppet@lemmy.world
    link
    fedilink
    English
    arrow-up
    7
    ·
    3 months ago

    And they’ll double again if people keep eating there. The only thing that stops price increases cold is a loss in revenue. They’ll never go back down to what they were before. They’ll keep going up until they lose revenue, then they’ll back off a bit to where they weren’t losing revenue, and freeze prices there for a bit. A short time later they’ll start the whole fiasco over again. The reason prices have been so out of control lately is because corporations figured out that Americans will just keep on buying, even if they double their prices.