Why Fast Food Prices Are Out Of Control (The REAL Reason)

Why Fast Food Prices Are Out Of Control (The REAL Reason)
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[@walternate2914]

The only way to kill corporate greed is to drive down demand by refusing to buy from these places if they aren’t offering fair prices. Learn to plan ahead and prepare meals at home. Added bonus: you will be wealthier and healthier.

[@Crimea_River]

Exactly. I don't feel bad for anyone getting ripped off by fast food prices. Go to the grocery store, go buy some vegetables and lean protein.

[@WildDisease72]

Faxxxx 🖨

[@someonethirsty1957]

“Corporate greed.” Yeahhh, sure.

[@Koushi82]

Correct I only ever buy ff if there is a super coupon discount

[@MorbidGod391]

Which is working. Why do you think “select locations” at McDonald’s are getting a new $5 meal? It’s because select locations the customers stopped coming. McDonald’s has become something more expensive than some markets can afford. My family sometimes go on the McDonald’s or Arby’s app and build out our meal and we see the price is $50 I look at my wife “Want to spend that same money on Applebee’s?” She always says yes because why choose that crap when you could have a steak with some broccoli? And since I hate Applebees fries, I don’t buy that 😂 and get broccoli and instead of a greasy hamburger I get a steak or a grilled chicken dinner or sometimes even a salad.

[@iGoatonPS]

People need to stop buying it, and truthfully, it's bad for you.

[@_Junkers]

The higher stress levels are, the less time people have, I think fast food industries are going to do well.

[@wongthong7]

I buy one breakfast sandwich and get one free at McDonald’s a total $8.56 including taxes

[@light0000]

Egg and cheese samdwhich from home is less than a $1😂​@@wongthong7

[@LandonCahow]

Agreed!

[@TheNamesFarquaad]

@@wongthong7sorry to break it to you, but you did not get one free💀

[@OuttaCompliance]

Corporate greed only works if people are willing to pay excessive costs

[@gasdorficmuncher9943]

i think its cuss most resturant are not open 24/7

[@starsn7974]

100% you can’t blame the companies if there’s demand for it. If they set the price too high they won’t make enough money. They are just following the money. I think the problem just goes back to the government printing money and the inflation it causes because if they don’t do that we wouldn’t even have this problem and you can still agree with this even if you think its corporate greed because without inflation they wouldn’t have been given the chance to be greedy. Maybe we should finally hold them accountable!

[@Ctworld15]

Or if they have no choice

[@jayvee0311]

I agree.

[@Drunken_Master]

And they are because they are full of money.

[@soumyaguchait703]

No one is talking about the actual issue. In US most people dont know how to cook. Its a life skill. Cook your own food and Macdonald and others should not even exists.

[@leoboo]

Even for those that don't know how to cook, there are other alternatives to fast food that are waaaaay cheaper. A lot of precooked microwavables beat the taste & price of any fast food chain.

[@PresidentEvil]

people have no one to blame but themselves, not “evil corporations”

[@liltoto371]

​@@PresidentEvilno bro thats just wrong😂

[@shaneilellis9832]

Laziness too.

[@timothyjohnson6258]

You can make your own pizza at home for about 1/3 of what some pizza joint will charge. Anyone can cook if they take the time to learn. If you can afford fast food, you can afford cooking lessons.

[@DingDong-gn7hj]

I cook my own burgers now. I rarely go to fast food for a burger.

[@jamesnguyen7069]

which taste so good at home!

[@tixeright9120]

"We have that at home" has truly never tasted better than it does these days!

[@PraveenSrJ01]

They taste 👅 great when purchased at Wegmans and cooked at home 🏠

[@Novaximus]

"Honey what are you doing? I said we're going out to eat at McDonalds tonight. You can't go there dressed like that"

[@PraveenSrJ01]

Nice 👍 comment

[@juliettek.9440]

I love this 😂

[@selfReferencinDox]

Where is this from?

[@hayleemae]

Even if it's fast food - delivery is a luxury

[@instaminox]

😂

[@MynicknameisViolet]

It's a necessary means for alot of people

[@electroduval831]

​@MynicknameisViolet no, it's not. Grocery stores, microwaves, and sandwiches still exist.

[@hayleemae]

@@MynicknameisViolet I disagree, maybe delivery groceries are needed but delivery fast food isn't a necessity. A convenience sure, but people went without it until recently just fine. Definitely a convenience, a luxury, a choice.

[@constantinat6437]

​@@MynicknameisVioletCAP you can legit learn to cook... Making a burger takes a few minutes and it so easy to learn children can do it easily... -_- its inly people being lazy

[@davidhartsock836]

We made organic grass fed burgers (buns included) and homemade fries (three potatoes), for a family of four, for a total of approx $15, maybe another $1 in extras (lettuce, pickles, etc); $3.75 - $4 per person for quality real food. I put the difference in what I saved by not buying fast food in Incan Matrimonial head masks and boom, I’m a millionaire! 🤪 That last part was a joke, those are real figures, items purchased at fancy Central Market.

[@stephbt_]

In Canada, the restaurants will often inflate the price of the items themselves as well, without any obvious “fee” line in the break down. For example, a McDouble is $0.85 more on delivery vs in restaurant. That’s about a 20% increase. Then all the other fees you covered. Can easily be double the price once all is considered.

[@Ceriden]

As someone that worked grocery retail during the pandemic I can, without question, state that the majority share of increases in price were simple greed.

[@FLIPPHONE69]

Meanwhile you and everyone else got thousands of dollars in stimmies. 🤡🤡🤡🤡

[@Shyhalu]

Rent for businesses did not go down alongside all the foot traffic that disappeared. They also had to go out of their way to comply with the nonsense laws to remain open - which costs a ton of money. The majority of price increase was from government insanity.

[@derekrequiem4359]

@@FLIPPHONE69 Your point?

[@Tyler-xx9bi]

News corporations will not report on corporate greed because they will never say anything negative about their sponsors.

[@Bobsbobss]

Its all about the wages. Blame the wages. Easier to hate the greedy employees

[@DS-nw4eq]

Correct.

[@Rafael-p3z6i]

Oddly the same politicians that you vote for (conservative) protect said corporations

[@Tyler-xx9bi]

@@Rafael-p3z6i If you do not see that ALL poloticians are bought and paid for, you are going to be in a bad place when you find out the people you think are "good guys" are being paid and taking the same orders as the "bad guys" . Its been proven over and over that BOTH sides listen to lobbyist and never to the people they represent.

[@evilds3261]

@@Bobsbobss If employees didn't get paid, they could not buy stuff ... so ... this is going to backfire spectacularly when people are forced to indirectly boycott businesses by reducing consumer spending.

[@CabinOnTheWater]

You can buy a steak on sale and a fresh potato at the grocery store for LESS than many Fast Food combo meals.

[@glennshoemake4200]

Then you can cook it in the air fryer and it's super convenient and easy to do.

[@planesandbikes7353]

potato yes, steak no. beef is never cheap any longer. ground beef or bulk chicken breasts maybe. A Costco rotisseries chicken is still a bargain.

[@Retro_Mage]

@@glennshoemake4200 It will cook better in a cast Iron frying pan with some oil (grapeseed works the best).

[@pouchcat420]

Most ppl buy fast food cuz they can’t cook at work . Makes it convenient and ppl gotta eat

[@Shyhalu]

@@planesandbikes7353 Beef is still cheap, stop going shopping on weekends and just pick up specials during the week.

[@DheeraVenkatraman]

I'll tell you why prices are so high. I pay not only an insane amount of taxes, I also have to pay my landlord's tax, my fast food worker's tax, *their* landlord's tax, their franchise's landlord's tax, their franchise's income tax, their franchise's landlord's dinner wait staff's tax. All of that tax gets baked into consumer prices. Literally 80-90%+ of my income goes to taxes, if you compute it out recursively and look at the asymptote. Also, the CPI is bull. Rents in my area track the S&P500, not the CPI. Rents elsewhere might more closely track the CPI, but there are hardly any jobs in those places. And I have to not only pay my rent but also my fast food worker's rent. (When a 1-bedroom apartment costs $2500 even for the fast food worker, fast food has to be $15+ and coffees have to be $7+ for the business to work)

[@descendantofgreeksandroman2505]

You are right, but people prefer to be the bad the corporation and not the state (the guardian angel of all of us!) so you have few likes oand only my comment.

[@discodiffusioner]

80-90% of your income does not go to taxes. This is dumb af. 80-90% of your income goes to greed. They could eliminate taxes tomorrow and you'd be told to complain about some other boogyman that isn't the cause because the ones feeding you the "NO MORE TAXES" garbage are the same ones who stand to gain from them being gone to gouge you even more. ffs

[@CryptoRoast_0]

Ramsey: "beans and rice, rice and beans!" Andre: "yolooo"

[@wolfyklip]

burgers and fries, fries and burgers!

[@NextSurvivor]

Eating healthy is not more expensive than eating junk food. Eating healthy doesn't mean buying from Whole Foods. You can eat healthy and affordably by buying the right things at a regular grocery store and preparing your own food.

[@Shyhalu]

Eating healthy also comes with eating less. Most people are just lazy and stupid, a simple rice cooker and bags of brown rice/beans/peas will save you a ton of money if you simply do a little meal prep.

[@kalindanley2843]

Remeber when this was all predicted in Demolition Man? The taco bell scenes.

[@Ctworld15]

Funniest part in the movie. The way he says Taco Bell like it’s the fanciest restaurant around.

[@Jasmin.M-hz5ty]

It feels more like we are citizens in Cities Skylines game,and economy is just fun for imbencilic kid called Joe Biden.

[@PraveenSrJ01]

What year was the movie 🎥 made? Is it from the mid 2000s

[@KiwiTheRetroGal]

​@@PraveenSrJ01 1993

[@PraveenSrJ01]

@@KiwiTheRetroGal thanks 🙏

[@JohnTubiolo]

Something very often overlooked is that when smaller companies are acquired by larger corporations like PE’s (Private Equity) their overhead goes up and they solve that problem by raising prices and cutting quality. Privately owned companies can run leaner than large corporations because they have less people sucking on the bottom line.

[@JIKI2005]

So true. The company I work for currently got acquired by a big corporation and repairs/items have literally doubled.

[@camgere]

When Private Equity buys a firm they have all the same expenses AND the debt service for the high Loan To Value loan. Prices have got to go up.

[@jh441]

Coming from a private restaurant owner. Property taxes increased which landlord adds to rent/lease. minimum wage increased. Insurance increased. Ingredients are less quality and have increased. Always researching food vendors to get best quality and price but all have increased. We do our best to keep prices down but it gets to the point you have no choice. On another note. When we vote to tax the rich. The rich increases cost to small business owners and small business owners pass it on to customers. Same with wages, etc... People are brainwashed to "tax the rich" but yet it trickles down to us.

[@rawlvee]

we goin in circles here huh

[@nicktrybul4385]

Sounds like we didn't file an LLC

[@yiqingwang1437]

Rate cuts and mininum wage abolition

[@jtowensbyiii6018]

Ah yes, blame the poor for the rich shitting on you

[@SeraphimLeo]

EXACTLY. This is the REAL reason the media won't discuss because it doesn't allow them to divide people by pitting the poor against the rich, women against men, and blacks against whites. Instead it pits people against the elites that are creating all of these problems.

[@RyanOMalley]

Andrei. I tend to agree with the majority of your videos. I think you’re off on the corporate greed argument. Most of the brands you mentioned on margin growth are majority franchise. The brand doesn’t set the price of the food. 40% of McDonald’s revenue comes from the real estate they own charged to the franchisee. Then add the technology fee, royalties they just increased, remodeling expenses and marketing fee. Of course McDonald’s margin went up. They didn’t have to shoulder the wage inflation or increased royalty McDonald’s charged. Only non franchise restaurants can you compare margin increases. Most franchises are running shoestring budgets.

[@SPNSO-js4hx]

I agree. It’s not corporate greed. Everyone’s costs went up because our govt printed excessive dollars.

[@AndreiJikh]

Yep, I agree - there's elements of it growth, and elements of greed - I do talk about all of it in the video

[@SeraphimLeo]

@@SPNSO-js4hx Those endless wars for Israel need to be paid somehow.

[@RyanOMalley]

@@AndreiJikhThanks for replying back. I love the videos.

[@LockinProfits]

​Broken system 😢 we can kick the can so far ​@@SPNSO-js4hx

[@chrishoff4729]

I feel so fortunate that i grew up in a very small farming community in the middle of nowhere. Fast food was a luxury item and we were rarely close enough to one to even make it convenient. My sisters and i can all cook a variety of foods and try new things all the time. We've also built the skills to plan what we want to eat more than 15 minutes into the future. If you don't like what corporations are doing, the change starts with you!

[@angry_engineer]

brave and honest words

[@waichui2988]

Many supermarkets have ready to eat food. Buy a roast chicken, some salad and a loaf of bread. It costs $20. The problem is that you have to GO there. Sounds like laziness is pretty expensive.

[@timothyjohnson6258]

Oh! The horror! Having to go to the grocery store?!!! What are we, savages? Only the "little people" actually go to the store. And you can save even more by buying a raw chicken and roasting it yourself. I am with you all the way.

[@Gr8Incarnate]

Fast food was always out of control. Worst ingredients used to make it and it's expensive. Two major reasons to never buy it to begin with.

[@sercan272727]

If people are still buying then it means they made it addictive enough, nobody asks price of heroine

[@gasdorficmuncher9943]

People buy it cuss it's 24/7

[@dazzlingdexter5060]

It means we busy

[@PraveenSrJ01]

@@dazzlingdexter5060busy working and slaving for a corporate office

[@247CryptoTech]

As a small business i fight the idea of corporate greed. Employees echo that. Wages are just a small part. Payroll taxes/ employer paid taxes all increase. Then with property values increasing property taxes increase. All insurances have increased health/property/auto. Corporate greed is a smoke screen for politicians. If it was clearer to employees what they really make and how much goes to the government between both the employees and employer it would be seen as government greed. Then after all that the government completely steals through inflation. But it always sounds better fighting for higher wages when in reality it’s all for a greater percentage of tax collection/government greed. It’s just one reason we never get ahead with wage increases. And employees need to understand there is way more to operating costs than just wages and goods and what an employer pays for an employee is way more than what they see on their paycheck.

[@Lucky7ven1]

🤔…. I agree.

[@Jaz-wx4vo]

'Corporate greed' is a term used by politicians and media to redirect the blame of higher prices. In a free market, price is determined by supply and demand. The input costs have all risen, energy, wages, etc. and we have poor policy to thank for that. Although corporations are margin conscious, they also know that higher prices relative to the competition will drive customers away. If costs are equal, I'd rather dine at a sit down vs fast food. Publicly traded companies are also beholden to their shareholders, so maintaining higher margins and profitability is their fiduciary responsibility. Be leary when the term corporate greed is used.

[@jimmywatermelon357]

Yup you are correct. And McDonald’s does not make that much money on the store level. It’s under 10%. To much hate for fast food, but everyone uses our services lol.

[@nehalilisays]

​@@Jaz-wx4voCompanies can silently agree to raise the prices higher than necessary to cover the increased costs. (Which is a very attractive move when war-related inflation is all over the news.) If every comparable competitor is doing that the customers have no choice but to pay those prices if they still wanna consume that kind of product.

[@cryptowire]

Buy Bitcoins not Fast Food 💯

[@d02575575]

😂😂😂😂😂😂😂

[@jaxseyes7604]

Buy gold and silver

[@DREWTampa1]

Satoshi gonna rug pull everybody one day

[@stockmarket1990]

That is a great idea I have been doing that for the past years. BTC is a hedge to inflation.

[@StonkersBonk]

Top comment earned 🤝

[@garyho0724]

As a dominos franchisee, I can tell you most of the franchisees are struggling 😮

[@rexn1589]

Gary, I wish I could help out. I like domino's a lot and always have, but the wife doesn’t so we more often bring in from local pizza shops or restaurants. Regards!

[@jimmywatermelon357]

Yup

[@s9josh778]

We finally tried Dominos again in 2023 after stopping in 2004 because the pizzas were so very bad. You know how bad it has to be to be on my nope-list for 19 years? It was SO bad.

[@jamesnguyen7069]

outdated business model.

[@PraveenSrJ01]

I eat at dominoes about once a month for my family and wish you all the best

[@TheSimArchitect]

If labor is included in the cost you should not give any tip. I think that tipping fast food is just absurd.

[@freddavis5376]

You obviously never worked at them. If you can’t afford it stay home!

[@TheSimArchitect]

@@freddavis5376 I am taking the food at the counter and cleaning after myself, it makes no sense to tip. The menu price is already too expensive.

[@minmaxmedia]

I agree that tipping for fast food (or any "take out" that you pickup yourself is silly, but in this case he didn't tip for the food, he tipped for the delivery (likely either going to the Uber Eats driver or the doordash driver.. whatever service he used)

[@Sam-ue4rv]

​@freddavis5376 Brokie 😂 get a better job dont tip this fool and go wash my car..

[@TheSimArchitect]

@@minmaxmedia Then yes.

[@PRAISEYESHUA1111]

Who gives a 30% tip ?😂😂😂

[@gamingwithgeko7377]

People who have worked in service and understand the crap they deal with.

[@EK6O3O]

I find US folks tip more vs Canada, and i think its fueled by the minimum wage for tipped worked is horrendous... i've never tipped 30

[@ironspider9280]

Businesses should pay a livable wage. Tipping is not the consumers responsibly

[@Gr8Incarnate]

@@gamingwithgeko7377 That's encouraging the problem. If you need to depend on tips to make a living then you're doing the wrong job.

[@PRAISEYESHUA1111]

@@gamingwithgeko7377 30% tip for having someone turn around and pour you a drink ... makes sense

[@juliettek.9440]

My bf can recreate Starbucks, with hand frother from Walmart for $10. I was born and raised in Asia, he worked at a local sandwich restaurant before he found better work. We can and do create “popular fast food items.” At home. Bobas were always my Starbucks and I translate popular Asian coffee trends. Literally the only time we go out to eat is because we’re out all day running errands. It’s usually a Mexican place that’s part grocery store, restaurant, bill pay service, and deli.

[@hotdawg630]

It’s absolutely corporate greed…In N Out is a great example of a company that pays its workers well and has reasonably priced food. They haven’t increased prices drastically.

[@gasdorficmuncher9943]

The only way to drive prices down 2008 unemployment unfortunately

[@timbatee7433]

To understand this, you need to understand that In N Out has pulls in a lot more traffic than other fast food chains, and this is why they can charge less. If they had the same volume of sales as Burger King, they would most likely go broke if they had the same prices and kept their payroll at the same level.

[@TopDawg-ov9ps]

i’ve also never seen an in n out line that didn’t take up the whole parking lot

[@walterwhite1]

Prices have gone up

[@warrpedd]

People are paying for it, so they are selling it. You're not required to buy their "food", so obviously it's not too expensive.

[@montsombreSE]

Not sure I'm with you on this one. They're capitalising on your laze, or lack of ability to create the most simple of meals. Then also your indecision/inebriation that causes you to have it delivered rather than pick it up yourself. You're paying for the labour for the creation of the product, the cost of the business to stay open, the gas and transport fees included, the driver's salary, as well the cost of production, in a world of ongoing inflation. If this attitude is indicative of the norm amongst your audience, i'm not sure how many will ever make money 🥪☕

[@mariol8831]

IMO restaurants food in general is getting expensive because we as consumer decided to pay more for convenience. Here in my country uber eats takes around 30% of the restaurants total and it is being added to the consumer, as the restaurant sees that you still buying even more because it is easier then they raise prices to those who go to the restaurant because why charge you less?… people keep consuming, tipping using debt and thats why things have gone crazy.

[@Babeatrice]

The pay disparity between the CEOs and regular employees has become asinine.

[@TopDawg-ov9ps]

i would hope so

[@PRAISEYESHUA1111]

10 dollars for a jumbo jack with cheese 😂😂😂😂😂😂 And demand seems to be at all time highs for their 15 dollar double smashed jack with cheese

[@Bobsbobss]

Jumbo jack used to be a dollar here

[@KonradZum]

Reason why I don’t use food delivery. I also realized that prices are higher comparing to the same food when you order yourself in the restaurant.

[@jeffwindrim975]

I gave up eating at fast food places 10 years ago I also gave up coffee shop coffee’s I also gave up beer and bar hopping. I managed to give all these things up easily because I moved away from the city and all those things that use to be convenient are now inconvenient and made it easy to give it all up and live a healthier lifestyle

[@cisco0406]

I think something important to point out is that most of these big brands are mostly all Franchise owners. Barely any actual corporate stores. Essentially those franchise owners are small business owners without the power of the corporate money. The owners pay on average 10% for the name. So inflation hurts these small owners while the corporate stores are not affected as much.

[@christiangutti7614]

Just came back from Japan, and a McDonalds breakfast meal for two, with large drinks and apple pies, came out to $8.76 for TWO meals.

[@AndreiJikh]

Yea Japan is in a technical recession and the dollar is at a 20 year high against the Yen - so for Americans, it's a ridiculously good bargain right now

[@PHRiCTiON]

Forgot the tip fee. The tip should be based on the subtotal, not including taxes and fees. Costs overall on the 'app eats' are already inflated by 15% for the most part. Between 2020-2021/2022, there was also stimulus checks handed out in the US to people that made much less during that time. Especially within the younger generation that's getting into the career work field now.

[@GolfChef99]

FJB. All of the fast food businesses have gotten away with paying people $7.25 an hour for a longggg time. Wage increase is no excuse.

[@spicychad55]

FDT BIDEN 2024 2028 2032!

[@michelep9477]

FJB

[@daniellarson3068]

@@michelep9477 Dark Brandon sees all!

[@Shyhalu]

That isn't how it works......low wages = low prices = low rent, etc. All raising the min wage did in CA was put tons of people out of work, give a few raises, drive up rent, and push for robotics to do the meal prep. It didn't make anything better. You want higher wages? You need more jobs than workers - Nothing else will ever change that. Can't do that with no skill jobs, especially with our country currently being flooded.

[@derekrequiem4359]

@@michelep9477 Incels for Trump 2024!

[@daniel_burrell]

“Corporate Greed” …I can’t determine which companies are greedy, but there is CORPORATE GREED! Alternatively, businesses stay in business because of sound business practices like recouping losses or rebuilding reserves beyond the pandemic with higher prices and then not lowering them if the demand supports those higher prices.

[@jimsubtle886]

I love every video you push into existence, thank you so much !! I feel like this one episode did not help advance the goal posts. The fast food industry is busy at night by the people that can afford to pay the extra app delivery service to get the food to their house when they want the food. Sure there are some soccer mom/dad people sitting in that long line, but the majority of that line is people getting paid to deliver food to places to people that are willing to pay for the the food to be at their house. No one wants to go to fast food and wait and then get it back home.

[@DougUnfunny]

Most Fast food places during the pandemic never shutdown. They were the most profitable during pandemic cause most sit down restaurants had to close indoor seating. They may have some inflation to material cost but places like McDonalds who own their own farms and distribution warehouse Did it anyway and every fast food chained followed. CNBC news reel would never say corporate greed because its beholden to same shareholders.

[@ahha7124]

Recent trip to Hong Kong saw MC burger meal with fries and soda costs little less than $5. Everything seems to cost so much more in the US. Colgate toothpaste costs 3x more in the US than HK, with the latter also a place with high cost of living.

[@respinoza89]

These price increases should allow locals to open their own fast food restaurants to compete with the chains.

[@BakoSooner]

Although I agree about your analysis as fast food EBITDA has steadily increased, they are just doing what they’re supposed to do. We live in a free market society. So long as people are willing to pay the price, companies will continue to do what they do. This won’t change until the consumers adjust their habit so no sense in complaining.

[@johnthuener1900]

One thing to consider... Companies do raise costs in response to increases in costs. When costs go down, companies often are reticent to lower prices only to later face having to raise them again at another time. Yo-yo pricing would only expose them to more criticism from both customers and wall street. Once prices are set, it may be better to keep them fixed and the run "specials" for customers in the future. In doing so, they will not be caught off guard in the future.

[@rebeltheharem7028]

For the same price as a McDonalds large combo, I could go get a bowl of pho. Needless to say, I always choose the later. It'll also still be hot by the time I get home and eat it. The only time I eat fast food is with coupons or deals that bring the price back down to 2010 levels.

[@guin3666]

You have to separate out the fee revs and just look at results from owned stores. One has huge margins as they just get fees as % of sales minus advert costs.

[@kylegross1081]

The CPI doesn’t measure real inflation. It doesn’t include some of the biggest culprits of price increases. Second, inflation has been significantly bad after Covid which is not a coincidence. The Federal reserve conjured over $6 trillion into the economy and hardly any of it has been withdrawn. If you think this is corporate greed, why haven’t companies always done this then?

[@iantaz]

Moral of the story, support your local restaurants 🤝

[@gasdorficmuncher9943]

locals should go back to cub side hotdogs stand

[@JY-pd8jr]

And don't contribute into delivery fees

[@Anamnesis]

Make your own food and get rich, lads.

[@LadyBoru]

Except the cost of all food is sky high.

[@elelectrotech9374]

No ! we have a corporate price gouging event .insurance ,rents ,fast food.greed will get them

[@pinbot454]

Instead of corporate greed, how about Governmental greed, regulations, and incompetence that is the core reason for inflation that has caused every single product to rise in price!

[@IOSALive]

Andrei Jikh, I can't get enough of your content, so I subscribed!

[@389293912]

There's no such thing as corporate greed unless you fairly agree that you asking for more salary is personal greed. If something is too expensive in your opinion, don't buy it. McDonalds doesn't owe you dinner.

[@stardustcatcher5641]

People not realize if option to make food from raw material is missing. Corporation use this situation to mark up product price.

[@Tarkahn2024]

I don’t like how this is couched in corporate greed. These are major brands with people willing to continue to buy, even while complaining. My suggestion is to stop complaining and stop buying and watch the prices plummet. You get what you pay for- quite literally as evidenced here.

[@cherylvargas8861]

Now it's a round up, tip or donating... On top of your spending

[@serega13]

$31 sandwich and a coffee is just a terrible rip-off. Also no matter what restaurant you go to, you are very likely eating Cisco supplied food, unless it's a very high-end place. So it's all the same low-quality frozen trash food anyway, with only a few exceptions.

[@lyfzuxz]

I quit chipotle when it spiked, been sober for a year

[@IOSALive]

Andrei Jikh, This is great! I liked it and subscribed!

[@SamyFidel]

If we are going to help our selves out of debt. We must do this. Remember that dollars are shinking. Less value.your dollars are only worth 50cents. .OR. Less

[@adaeterno]

nah, ice cream machines don't work bc employees hate cleaning them,they just say to customer it broke

[@erikrodriguez2089]

100% with you ! And if we don’t control it, other things will go up without control

[@gasdorficmuncher9943]

The only way to drive down prices is 2008 wave of unemployment when traffic shows down

[@Laver-galarga]

I paid 12$ for two dollar hot fudge sundaes and a one dollar McDouble !!!! Let that sink in !!!!!!

[@ryan-el9er]

one dollar mcdouble? where do you live that it’s still a dollar?

[@Ottobon]

Thank you for tipping. They practically dont pay us at all the customers do

[@Bl00dMalice]

Andrei is right to call a tip a fee. A lot of these delivery drivers wont take the order if there isn't a tip present. And you can get shouted at for not tipping or tipping low. I stopped using Door Dash after that happened. Ridiculous people. Fast food is already expensive as it is without delivery. Dont bother supporting delivery services.

[@bitcoinhenry]

if i’m not going to cook at home i go to pizza buffet or chinese buffet, generally you can find one with a nice salad bar and can get high protein meal! if you shop around locally you can find a good value

[@alestevez950]

The problem will always be the pay ratio between the executive level and the workers. No matter what - money will inflate, money will be spent, money will be made. Inflation, which is a constant, is only a problem when your wages don’t rise to match it.

[@Jaz-wx4vo]

Be leary when the term 'corporate greed' is used since it is a diversion tactic to redirect the blame from poor policies. Higher prices are a direct consequence of poor policy that impact input costs like energy, wages, etc. Corporations have to pass along the higher prices to consumers to maintain their margins since corporations are also beholden to shareholders, they have a fiduciary responsibility to run a profitable business. Raising prices is also risky since it can drive away business to the competition. Blaming higher prices on corporate greed is like blaming the Sun for the heat wave. Duh! Corporations are rated on their margins and profitability, but their revenue comes from customers, vote with your dollars people. And if you don't like inflation, don't vote for crooked dummies.

[@TECHATER]

Take a good look at the new buildings, no counter with four people taking orders, no dining areas, half as many employee's.

[@bobby808]

So, corporations weren’t greedy in the past? I suggest that anyone using greed as an explanation for a market phenomenon hasn’t yet discovered the root cause.

[@FLIPPHONE69]

Maybe they need more free money for doing nothing…. Maybe printing money out of thin air isn’t the best idea because this happens to clown world

[@vincentleeadams]

Did you know young man that inflation is sticky? And if this was a McDonald’s, corporation greed issue alone, then it wouldn’t be happening everywhere. But this is happening everywhere. Fast food chains are starting to close stores, even here in Austin. And restaurants are closing everywhere. You cannot blame the ills of the planet exclusively on corporate greed.

[@drommer007]

Uber eats and fast foods charge whatever US customers pay. IMO not corporate greed, but supply meeting the demand in a free market.

[@CaseyBurnsInvesting]

People who say it’s wage increases instead of calling it corporate greed are only correct in the sense that corporations didn’t become more greedy, they’re just able to charge more now. Greed didn’t change, the ability to pay changed.

[@nrew915]

supply and demand economics. if there are mass boycotts and people stop going. after each earnings call (every quarter) these corps will have to tell their investors that sales /revenue are down. this tanks the share price and angers investors. eventually they will have to reduce prices to entice people to return. the answer is simple STOP BUYING IT

[@JaoKhoon369]

The cost of healthcare per employees are increased more than 30%, but real wage paid per hour isn't increased that much.

[@jocelynharris-fx8ho]

A better idea, if you don't feel like making your own, is to go to the local tavern, or mom and pop restaurant. They serve better food, have a relaxing environment, have reasonable prices and don't have to answer to board members and stockholders.😮

[@roydominic4080]

The movie The Founder said McDonald’s was a real estate company that make money from depreciating it’s buildings

[@Resist4]

Yes, in California fast food prices are out of control thanks to the Governor giving those entry level jobs a $20 an hour living wage! And many places are hiring less workers or adding additional fees to the bill. And now some McDonald's are even charging customers a bag fee, if they want it to go. Just like grocery stores in California do. And of course they spiking prices to take advantage of current financial conditions, it's always about greed and a fleecing! The only way we can get fast food prices lower, is by not buying from them and forcing their hands to lower prices. Supply and demand. Wait, when did you get a Tesla?

[@desmondcastro3679]

The cashiers positions across the country was less in demand due to the self serve kiosks. So as far as as people not wanting to work, I'm not too sure about that.

[@desmondcastro3679]

But I also don't believe anyone working at McDonald's need $20/ hour.

[@chowdaire7343]

I feel like im in the twilight zone. How is fast food considered expensive? Relative to sit down restaurants, fast food is still super cheap. Most of my meals fall somewhere between $5-$10 which IS more expansive than what it used to be, but guess what, so are groceries, gas, utilities, rent... its called inflation. The REAL problem is that people are not responsible with their money. If you arent using apps, are buying items a la carte, and paying to use delivery services which also require tips, thats on you.

[@PhysicsMagi]

Big difference in price between delivered vs picked up in person costs. It's the convenience everyone wanted during COVID that created a culture of door dash. Any time you're adding two or three sets of hands and pockets to the mix it's going to cost you for your convenience. Food and supply costs are higher due to min wage increases that get passed on by the big delivery companies that bring the raw ingredients to the restaurants, so the restaurant is actually pinched in the middle of a lot of outside systems and demands. We should stop using door dash and Uber eats as a culture they are creating food waste and inflation pressure. I am not talking about McDonald's they are their own supply chain. I mean your small and small chain businesses.

[@Justintheinsane]

The problem with inflation is that once it kicks in. Prices will never drop again. Even though it rained all year last year and the drought is "over" the price of our water in the bill is still sky high. Prices really never go down.

[@offthedraw]

Calling it "corporate greed" is essentially the use of emotive conjugation to describe what's really happened, which is fast food has gone from being an elastic good to an inelastic good in the U.S. Economy. Consumers are willing to pay the higher prices of these goods even if they are upset about it. Smart consumers are searching for cheaper alternatives, while short sighted consumers continue to buy the overprices, low-quality items these corporations. Too many people in the U.S. rely on fast food as a source of nutrition and the corporations caught on to that. It won't change until people stop going up to the drive through window. Since when have we expected corporations to make altruistic decisions on behalf of their consumer base? In things like pharmaceuticals and medically necessary goods? Perhaps. In unhealthy and unnecessary fast food? Come on.. This is like saying the rising cost of cigarettes is due to corporate greed.

[@paulclarkson5850]

Well done for calling this corporate greed. Almost every multinational has used these past few years to completely fleece people

[@Hoshionifumo]

can you show what cost based on shrinkflation. by comparing weight or grams of good. and then compare that with inflation to see what real prices are.

[@hadenmcrainey4134]

I think they are choosing to have less customers in exchange for margin. When you reduce customer traffic in exchange for margin; labor costs, food costs, and material costs all go down. They are no longer affordable for low income families and are more profitable than ever.

[@Atrus999]

Eating healthier than fast food isn't hard to do. As a single person I can get an entire week of groceries for around $20 or less. And that's including dessert.

[@electroduval831]

Yeah imma call bullshit on that. If you eat nothing but tuna or eggs fir every meal a day, it still comes out to nearly 30 bucks a week. And other than surviving on Top Ramen, there's basically no cheaper option than eggs or tuna.😅

[@Atrus999]

@@electroduval831 It depends where you're buying your food from I guess and what brands you're getting. I'm not saying that I fill my refrigerator or anything like that either. EDIT: I'm looking at a receipt now. Strawberry jam, chocolate covered biscuits, peanut bon bons, 6x1.5L waters, a button battery, a loaf of multigrain bread, cream cheese, and peanut butter. It was all only $20.60. And if I didn't get any junk food or a battery that day I could have used that money to get more real food.

[@barbiec4312]

@@Atrus999That is not a sustainable way to eat for health though…

[@Atrus999]

@@barbiec4312 Like I said I'm single. 😂

[@Gr8Incarnate]

@@electroduval831 5lbs of rice, some raw beans/lentils, a pack of chicken breasts and flour to make bread, will cost less than $20. A single person can live on that for over a week. Don't debate on this, I shop every week. You clearly don't know what you're talking about.

[@Harry11152]

I’m going to really enjoy this one! Thank you!

[@bwayne4656]

If corporate greed is the cause, then the customer is the enabler by continuing to pay the higher price

[@jamespang8279]

Not worth complaining about high prices. Just leaves room for competition to swoop in and undercut them. Market will eventually balance out.

[@gfurton]

Actual economist here: This conceptual framework is largely nonsense. Please stop listening to this guy. You will go broke following this babble.

[@descendantofgreeksandroman2505]

You are right. But people like to hear about bad corporations.

[@derekrequiem4359]

Surely it must be because workers are making 16/hr instead of 15/hr, right?

[@discodiffusioner]

thank you nameless person who offers no other explanation, i will certainly take your random internet comment to heart.

[@z-man7883]

That’s because the fast food corporations know a lots of people are lazier these days and would rather pay for fast food than make food so they raise their prices.

[@masterwatch]

when you understand how it all works it makes everything much easier to understand.

[@AnimalMother60]

I suggest an alternative measure for corporate greed: how much sweat can be collected from a person when they are told Orcas are now trained to target rich people’s yachts in fresh and saltwater.

[@leoniduvarov6565]

What is the mechanism of corporate greed?

[@brandongovreau9218]

buy rice and beans and go fishing preferably with a fishing license learn how to cook a fish and prepare a fish buy fruit and vegetable juice and bottled water hopefully that is still affordable nowadays