this post was submitted on 11 Feb 2024
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[โ€“] PiJiNWiNg@sh.itjust.works 5 points 11 months ago (1 children)

I'm not sure the original post was referring specifically to the inflation of the dollar but it does highlight a real phenomenon in which large corporations are shrinking their product and their workforce, yet prices increase exponentially. I'm not arguing that McDonald's sandwich price changes are reflective of the economy either, but as one of the worst offenders on the planet in regards to corporate greed, there's no question "inflation" only accounts for a small portion of the increase,

[โ€“] ChexMax@lemmy.world 2 points 11 months ago

Actually McDonald's sandwich prices are literally an economic measure. The big Mac has specifically been used by economists to measure purchase power over time