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by paulpauper
38 days ago
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Restaurants realized they were leaving a lot of money on the table pre-Covid. Post-Covid has seen restaurants raising prices more aggressively, cutting staff, cutting condiments, replacing menus with QR menus, cutting employee and business hours, etc. The post-Covid real estate/tech/AI /white-collar job/quant boom has led to inflated salaries, wealth inflation and higher prices to match, and then combined with various supply chain shortages and disruptions, e.g. (many tariffs, Israel v Iran v Russia v Ukraine wars and tensions, etc.). |
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