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What happened? Take me back
(lemmy.world)
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this post was submitted on 24 Aug 2024
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Assuming this was around 1994, and adjusting for inflation, it should still be under $2.
Pic 2 also looks like uber eats, not instore
https://www.tacobell.com/food/burritos/beefy-5-layer-burrito
Looks like the actual price is $3.79
$3.99 in app for me rn. Total ripoff.
It switches to $3.99 when I put it in my cart.
I went through the drive thru last year and spent almost $20 on 3 beef chalupas. The cashier looked puzzled before she told me the total lol. The one thing I want from that place, I knew it would cost me.
Not worth it afterwards, I decided.
Goddamn I want a chalupa
I found a picture of a taco bell menu from late 2023 showing the beefy 5-layer for $2.19.
https://www.reddit.com/r/tacobell/comments/180gjxn/whats_your_favorite_menu_item/
The beefy 5 layer burrito was introduced in 2009/10
So, Ryan Gosling was 29 years old in the top picture. Damn is he a great actor.
Must be a method-actor.
til he's a year older than me
It's stitched together, it's not a taco bell ad, it's a meme.
The whole supply chain increased their prices as well. Did you take that into account?
The supply chain presumably cost something in the first pic too. The prices of those things should have also gone up according to inflation. So wouldn't they also be included in the "inflation adjusted" figure? It's not like they were calculating what it cost without needing a supply chain.
In fact, I would think that if anything, the overall price of supply chains would have decreased as technology got better (better fuel, better gas mileage, better routes, better forms of transportation, better computer models to predict outcomes, etc).
Supposedly the argument for the recent absurd food prices is because of oil prices increasing (translates to shipping costs increasing) so much with Russia invading Ukraine and everyones sanctions on Russian oil plus the disruption of wheat production in Ukraine.
And then there's just plain old fucking greed.
FWIW prices are really high now here in America too, and we weren't relying on Russian oil.
Oil has a single price on the global market, doesn't matter if you're in the US or Europe.
As it turns out, moving oil across the ocean is really expensive. Even if you can buy oil at the same price in the US and Europe, it's still cheaper to buy it locally and not have to deal with moving it.
By scaling entire price? Yeah.
A Ryan Gosling appearance today is enough to warrant $5 for 5 layers.
That's only taking into account monetary devaluation, not inflation of goods and services (or vice versa)
What?
Monetary devaluation is an economic policy Inflation is literally the "general increase in the prices of goods and services"
https://en.m.wikipedia.org/wiki/Inflation
https://en.wikipedia.org/wiki/Devaluation
Inflation is market derived and does not include devaluation of the currency, source is your own link on deflation.
In a global economy goods and services are sourced internationally and are subject to various exchange rates. Rarely anything is ever 100% domestic
Even if every ingredient doubled in cost (same as domestic inflation) and profit is a 1/6 of the burrito, we wouldn’t even be at $4. This is corporate greed.
Seems like it's uber eats in the second pic so yeah a lot more markup?
Energy costs many times what it did too
Perhaps for the consumer, not for the energy providers
What costs more? Gas or wind? Oil or solar? Coal or wave?
There's a premium charged for new technology, sure. To cover R&D costs, new tooling, etc, but once the machinery is made, the fuel is essentially free. The wind blows itself, the sun has its own fuel, the tides move freely
Energy arbitrarily costs more because those that sell it have decided it costs more. Aka corporate greed, which is what this post is complaining about in the first.
No, for one energy has gone up due to increased demand for fossil fuels after cutting Russian gas off
Monetary devaluation is the only thing that gives any thin-veiled justificstion for price increases. Anything not covered by the inflation calculator is greed.
The inflation calculation is gamed too to make numbers look smaller
You mean greed