this post was submitted on 03 Sep 2024
86 points (100.0% liked)
Jokes and Humor
6223 readers
218 users here now
A broad community for text and image based jokes, humor, and memes.
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I think it's less that they have found an "excuse" to raise prices (companies always want more money, that's what companies do), and more that they have acquired the leverage to do so. Fast food restaurants have accumulated brand recognition and customers that are psychologically attached to their products. People are less used to cooking their own food and have less time with which they might do it. We are poorer in relative wealth terms, companies are richer and more vertically integrated, we are in a worse negotiating position.