Category: Purchasing power
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Car inflation….
One factor is the high demand for affordable transportation, which led to older cars becoming valuable commodities instead of being scrapped. As a result, there are fewer average cars available for the middle class. The high-price, high-margin models received first priority and pick of the limited semiconductors supply sourced from China. Car manufacturers and dealers…
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Fake News
this is fake news because the big mac price is really 5 something but the message is directionally accurate. Inflation hurts Mcdonald’s customers the most. Personally, my last McDonalds order was $15+.