Fast Food Price Increase Outpaces Inflation Dollar Stores Close In Mass

5 months ago
33

#inflation #economics #news #costoflivingcrisis #costofliving #politics #government #economicpolicy

Inflation is the major factor destroying the lower and middle class. Only through addressing it at the root of the issue can we hope to salvage these businesses that are being priced out of the market and return the cost of the food we eat to a normal price that isn't driving people into poverty for simply attempting to have sustenance.

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Sources--------------------------------------------------------

Truflation: https://truflation.com/dashboard?feed=truflation-us-aggregated

Nerd Wallet: https://www.nerdwallet.com/article/investing/inflation-calculator

M1 Money Stock: https://fred.stlouisfed.org/series/M1SL

Peter St. Onge: https://x.com/profstonge/status/1795431764015333725

USA Today: https://www.usatoday.com/story/money/2024/05/30/fast-food-inflation-upsets-consumers/73890639007/

CBS: https://www.cbsnews.com/news/mcdonalds-price-increases-fast-food-cost-popeyes-wendys/

CBS 2: https://www.cbsnews.com/boston/news/mcdonalds-menu-price-hikes-fast-food/?intcid=CNR-01-0623

Finance Buzz: https://financebuzz.com/fast-food-prices-vs-inflation

CBS 3: https://www.cbsnews.com/news/dollar-tree-family-dollar-closing-list-locations-where-are-they/

Associated Press: https://apnews.com/article/99-cents-only-store-closures-0f44cf157c8d8a23085ee8ab4e2f7878#

CNN: https://www.cnn.com/2024/04/11/business/family-dollar-99-cents-only-closing/index.html

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