One of the odd effects I’ve noticed with the last round of inflation is that prices are converging. Cheaper places raised prices more than more expensive places. I never liked McDonald’s - the french fries are good but I’ve never chosen to go there, only had them incidentally. But it was cheap. Not now, it’s more like going anywhere, so why would you go there? As someone else said, I can get tacos down the street, closer than any fast food place and they are pretty fast, or we go to the cafe up the street, they did have inflation but at least the money stays local.
One of the odd effects I’ve noticed with the last round of inflation is that prices are converging. Cheaper places raised prices more than more expensive places. I never liked McDonald’s - the french fries are good but I’ve never chosen to go there, only had them incidentally. But it was cheap. Not now, it’s more like going anywhere, so why would you go there? As someone else said, I can get tacos down the street, closer than any fast food place and they are pretty fast, or we go to the cafe up the street, they did have inflation but at least the money stays local.