So kind of you. |
You’re stupid and that joke was lame 20 years ago. The point is you don’t need to spend $20 per person and to get a huge meal. |
| Stop eating at Five Guys! These places are sitting on a mountain of debt from the pandemic. They have to raise prices. Prices will not go down as long as people keep paying. Eventually, the places with too much debt will go out of business and new franchises/restaurants without debt will open. The new ones will be able to lower prices and attract customers away from the higher priced places. |
Every restaurant from casual to Michelin star is sitting on a mountain of debt thanks to the pandemic. You want every restaurant that employs 15 million individuals in the U.S. to go out of business all at once? Do you realize the ramifications that has on the economy, on retail, on communities, on the workforce? Do you have any idea how much money it takes in capital to start up new restaurants? How much cash on hand you have to have to even get a license or a franchise contract? You're a fool. |
| Really craving Five Guys now 😋 🤤 💰 |
It has nothing to do with what I want. Economics. The restaurants and franchises sitting on a mountain of debt will not survive unless the owners have ample reserve cash. They will file for bankruptcy or sell. Private equity groups are buying up ones that will be profitable without the debt. When consumers stop spending at inflationary rates, the ones owned without debt will lower their prices to secure the market. There will be a massive redistribution in this industry. |
You seemed to have forgotten one thing. They've survived because the federal government has propped them up. The Biden administration doesn't want a redux of the 2008 foreclosures, so hence all the money giveways and loans. Whatever your fantasy is - hasn't happened in two years and won't happen. |
OT but is this true? If so I’ll get a QPC next time instead of Big Mac |
Yes, FG uses 1 live cow per day. |
No, the point is you tried to act superior and you got owned. |
https://www.restfinance.com/restaurant-finance-across-america/chick-fil-a-reports-record-revenue-and-profits-in-2020-despite-covid-19-pandemic/article_26ec54da-9b30-11eb-a0b5-dfff0ec78fa7.html https://www.reuters.com/business/retail-consumer/chipotle-profits-beat-expectations-despite-higher-costs-omicron-2022-02-08/ https://www.marketwatch.com/story/darden-restaurants-posts-higher-3q-profit-sales-271648120388 |
| Meat is still way too cheap, it should have a price corresponding to the value of the killed animal. |
I'm sorry you're so insecure. I hope you feel better soon. (and I'm normal BMI, so don't bother with your predictable 7th grade mean girl clapback) |
| OP, don't listen to the idiots in this thread. They're missing the entire point - inflation IS here, it IS real, and it IS affecting consumers.. The fact that they're trying to lambast you for not making at home is a stupid whataboutism/meant to deflect. Your experience is part of a larger overall economy. If burgers get so expensive that people stop buying and make at home, then burger chains go out of business and layoff people. Those employees lose income and spend less money on clothes, iphones, etc. It is just a chain reaction because it is part of a broader overall economy, and consumer spending makes up the lion's share. If consumer spending decreases because everything is too expensive, then GDP contracts or slows, and we are stuck with a recession or stagflation. |
It’s not just inflation. Food prices went up A LOT during the pandemic. Supply chain, staffing, etc. |