[HN Gopher] A viral $22 burrito explains inflation in the US
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A viral $22 burrito explains inflation in the US
Author : paulpauper
Score : 4 points
Date : 2024-04-03 22:48 UTC (12 minutes ago)
(HTM) web link (www.theguardian.com)
(TXT) w3m dump (www.theguardian.com)
| vkou wrote:
| tl;dr: Food prices are growing due to material shortages (war,
| drought), price stickiness, wage growth, and higher profit
| margins on substitute goods that weren't affected by the other
| causes.
|
| This translates into higher prices at the cash register, both at
| the grocery, and at the restaurant.
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(page generated 2024-04-03 23:01 UTC)