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by greycol
42 days ago
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That is precisely the problem, you look at the inflation and compare it to what you payed 5,10,20 years ago and your either getting less or paying more than that inflation. Average price inflation of a big mac in the US for the past 25 years is 4% versus average CPI inflation of 2.29%. So instead of increasing in price by 65% it increased 166%. |
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Because a big mac isn't a TV or smartphone. It doesn't get those juicy negative adjusted inflation values applied to it because of "more features". CPI for ground beef is ~4% YoY. Processed cheese? 4%. I don't doubt some of it is price raises just because they can, but let's not just compare two difference averages as if they represent the same thing.