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Food, Cooking, and Restaurants
Reply to "Do food prices seem even higher than usual?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]NYT just did an article that even though producer and wholesale costs have gone down, companies and [b]restaurants are not lowering prices because consumers are willing to p[/b]ay. Companies are incentivized by profit and as long as the market is willing to pay higher profits they are not giving up their profit margins. In many areas of food, there simply aren’t enough competitors to drive down consumer prices. It’s sad but people will need to become unemployed and simply not have enough money to buy things for any of the companies or restaurants to lower prices. This is capitalism which isn’t a bad thing but without enough competitors it doesn’t work for the consumer. [/quote] Not this consumer. We've completely stopped going to sit-down restaurants and have also severely cut back on takeout/fast casual. They can go fool someone else.[/quote] I'm definitely doing less I don't feel like cooking so I'll get takeout, switching to less expensive items (so many apples!), and making instead of buying premade (bread, soup).[/quote]
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