[Sequoyah101]

Only one thing will reign in prices. What is that you say? Stop buying the stuff.

Inflation, too many dollars chasing too few goods.

Deflation, not enough dollars chasing too many goods.

It is elementary Watson.

Part of the reason for soaring prices is the cost of labor but it is not the only cost. Mostly it is the justification for price increases. The soaring prices are also from greed and stupidity and taking advantage of a situation and hiding behind it. If the cost of labor doubles, even though it is only a fraction of costs, they double prices across the board. That is greed and stupidity and I have seen it many times before.

Don't like the beast? Starve him. Pack a sack lunch, take a picnic, eat at home, stay at home. If everyone did this in 6 months prices would come down. But, people will not do this until they have no other choice.

[Red Badger]

I took one of those ‘surveys’ for Popeyes, listed on the back of the receipt, online.

I basically told them their prices were way too high and we will not be eating there in the future................

[CatOwner]

But, people will not do this until they have no other choice.

By then it is far too late for a proper correction.

[Zhang Fei]

[Part of the reason for soaring prices is the cost of labor but it is not the only cost. Mostly it is the justification for price increases. The soaring prices are also from greed and stupidity and taking advantage of a situation and hiding behind it. If the cost of labor doubles, even though it is only a fraction of costs, they double prices across the board. That is greed and stupidity and I have seen it many times before.]

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Profit margins are what they were pre-pandemic. Many are lower. It’s not just fast food wages that are higher. Wages went up across the board. That rippled through in materials costs - suppliers have to pay their employees more, too.

https://www.marketwatch.com/investing/stock/jack/financials