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jmanz said:
Inflation is caused by too much money buying too few goods.
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Thats because no one wants to buy anything because they have no money. It's caused by your government constantly printing money into circulation.
 
nodle said:
Thats because no one wants to buy anything because they have no money.
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hahah then that should bring prices down. That would cause over supply and lower prices. We have the exact opposite right now. People won't stop buying.
 
They obviously got word of your fancy restaurant spending lately and up went the inflation report this morning,
 
jmanz said:
They obviously got word of your fancy restaurant spending lately and up went the inflation report this morning,
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Hustling Cash Money GIF
 
Yesterday late afternoon, Fed chair Powell went to Capitol Hill and met with some democratic leaders. Shortly after, the market rebounded off the lows of the day right at the end. Make of this information what you will, but even CNBC reported that this morning. I wonder if Nancy did a little buying???
 
jmanz said:
Burger King had a better quarter than McDonalds Don't call it a comeback?
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I can explain this easily. McDonald's has more restaurants. McDonald's has recently jacked their prices up. People have been posting more and more social media and word of mouth about how expensive they have become. Since they have more stores and are more known this coverage is stopping more and more people going there and people are going to other places to eat hoping for the "better deal". Plus, since Mcdonalds has more store technically they are having to pass more of the inflations costs onto the consumer resulting in higher prices. Basically, when you start getting a bad rep, people go to other places that are similar. No different than Walmart vs. Kmart back in the day.
 
nodle said:
I can explain this easily. McDonald's has more restaurants. McDonald's has recently jacked their prices up. People have been posting more and more social media and word of mouth about how expensive they have become. Since they have more stores and are more known this coverage is stopping more and more people going there and people are going to other places to eat hoping for the "better deal". Plus, since Mcdonalds has more store technically they are having to pass more of the inflations costs onto the consumer resulting in higher prices. Basically, when you start getting a bad rep, people go to other places that are similar. No different than Walmart vs. Kmart back in the day.
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I have read that McDonalds is lowering prices on some things. People must not be using the app ;)

www.eatthis.com

McDonald’s Plans To Lower Prices Amid Outraged Customer Backlash

McDonald's customers have been slamming the chain over significant price increases, but they could see some relief in 2024.
www.eatthis.com www.eatthis.com
 
jmanz said:
I have read that McDonalds is lowering prices on some things. People must not be using the app
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We always use their app, but about 4 months ago, the deals on there weren't all that great anymore. It's like once they got people hooked onto the app, they slowly started removing all the good deals. Sometimes there is just nothing to really use on there anymore. We don't go there much anymore (mostly due to the costs). I think we have eaten there about once in the last 3-4 months.
 
Heads up- The second half of February is historically the worst two week period of the year for stocks. I would have guessed May.
 
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