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Reply to "Went to Five Guys and guess what I paid (inflation)"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]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. [/quote] It’s not just inflation. Food prices went up A LOT during the pandemic. Supply chain, staffing, etc. [/quote] Those are still inflation, just cost-push inflation, not demand-pull inflation.[/quote]
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