[jlmorton]

> McDonalds burgers were 15¢.

Okay, it was the McDonald's hamburger that seems to have been $0.15 in 1963. That is $1.53 in CPI-inflated 2024 dollars.

The cost today is $2.19. That's about a 0.6% difference in the compounding inflation rate over 61 years.

[tzekid]

Isn't using compounding inflation rate on top of CPI-inflated dollars double counting? It looks and feels like 40+% to me and everybody else

[jlmorton]

It's not double counting, it's just the average difference from CPI vs McDonalds hamburger inflation

[johnfn]

Shouldn't the price of a burger go down, not up? We should be more efficient at manufacturing and distributing food in 2024.