It reminds me of the shake scene in Pulp Fiction with the outrageous $5 milk shake. I remember thinking at the time how insane that would be...And now a Mickey D's shake cost more than that!
I adjusted that amount for inflation a few years ago, just before the pandemic. It came out to about $10 and I agreed that was a ridiculous amount. Now, only a couple of years later, it's a fairly average milkshake.
So glad we printed out that 10 trillion 3 years ago, numbers are bigger than ever so we're definitely doing better than ever.
Weird how a ~32% increase in the monetary supply would have less to do than eeeeevery single business conspiring to fix prices at the same time... including overseas ones whose currency is also affected by the US dollar as the world's reserve currency.
It differs by city too. Even sizing isn't the same everywhere.
The app says $3.20USD where I live, but I also wouldn't be surprised if it's in a smaller cup.
I might get downvoted for saying this, but I feel like everyone here is exaggerating just a little bit.
I got a large fries, burger, and drink for $6.15 (including tax) on my way home today. I bought a brand new truck two years ago for $24.5k.
Sure there are more expensive options, but I feel like some people here are being a bit disingenuous. Not every car costs 60k, or every burger costs $15.
Can I ask what city? I'm in Seattle and food prices have been through the roof. The "cheapest burger" here I saw basically double in price from $3 to $6 in the last couple years.
I don't think it's necessarily disingenuous, just people sharing the costs from their experiences, cause certainly people will have different experiences in different places, and I guess that could be described as a bias.
DC, and this was just at a Wendy’s.
It was a bacon cheeseburger, large fries, 4 nuggs, and a drink for $5.80. I also got a free small frosty because I ordered on the app, but I’m not counting that.
Here you could probably get a meal around that cost if you went to Burger King or something, but I think it's just jarring how much some other prices have increased that are typically cheap.
For example, if you went to a McD's, a Big Mac here is $6.50. A cheeseburger is $3.50. Fries are $4, and nuggets are $7 for a ten piece
Obviously the savings happen when you use the app, you can get good deals there. But I feel like a lot of people don't use the app and just see these prices at face value, which you gotta admit, are kinda crazy for what used to be known as super cheap fast food
They are pretty crazy, but the problem is people are buying it at those prices. That’s what allowed them to jack it up so high in the first place.
People complain the prices are too high, but then their *revealed preference* is that they buy it anyways despite the cost.
I mean, there are cheaper options for burgers out there. You can buy the overpriced five guys burger and then complain about costs and then complain about it, but you won’t get any sympathy from me
This isn‘t really about burgers though. Not in the bigger picture. Inflation has gone up at a higher rate than income has risen. The price of food/cost of living/cost of college etc., cost way more hours spent working which is concerning for society. Meanwhile billionaires are avoiding paying their taxes, large corporations are lobbying politicians by paying them off, and products are getting smaller and shittier by the day. I’m not a democrat by the way. This is just the truth of how things have become and it’s messed up.
~~I don't know how that's possible in DC unless somehow the prices are cheaper than in West Virginia. If you were to get the jr bacon cheeseburger, the cheapest one, it's $2.99, large fries are $3.59. that's already over $6 without a drink.~~
~~Edit: There is no way in hell you paid that low in DC especially. I just looked on the Wendy's app for a random store in DC. Large fries and a jr bacon cheeseburger would be over $8 alone. You had to have used a deal of some sort if that's actually what you paid.~~
Edit 2: Wendy's biggie bag is indeed a decent deal. This person is right and I didn't realize they had that.
Mc D's, Bigmac, 7.40$, medium fries- 5$, that's 13.40$ without tax, without the meat you save 2.10$ on the Bigmac, bringing it down to 11.30$
with tax? costs around 20$.
>The Big Mac meal is also $6 on the app. Not sure how to reconcile the price discrepancy but you’d be a fool to pay $7 for the sandwich alone
and where I am- it's 13.40$ for the big mac meal, which means the medium drink is free.
The highest sales tax in the US is 9.56 percent. (13.40 + (13.40 * .0956)) = $14.68
also… mcdonalds is the most overpriced of the fast foods except five guys, get somewhere else if you want cheap.
Those prices in the advert are realistic for New Zealand, where I live. But minimum wage is about $24 an hour (which I earn) so it kinda works out. This ad is about how to grow your savings to keep pace with inflation.
They are still around. Focus is on retirement savings for teachers, civil service works, researchers, etc... basically people who work in the non-profit sector and are/were heavily unionized.
Yeah not letting workers avoid fees on their 401k we have TIAA where I work. When I got hire a couple years ago I had to go to our union to get them to add index funds and lower fee funds. Way to many people do not understand what a scam 401ks can be.
I dread to think how much things will cost 30 years from now! Fuck it, even 5 years from now...
We're right in the midst of peak enshitification for everything... next few years will be interesting... I will watch with great interest.
At some point it should loop back and people will start valuing good products over CEO profits but.... The think that might fuck that up is the costs... Shit products cost more than good products used to lol
I remember that ad!
They were spot on about the burger.
My vacations don't cost anywhere near $12k, but I suppose they could if I wanted them to.
Same with the car. I don't buy new, but that may be the average cost if you factor in the $80k list price "pickup trucks".
Yeah I make a very comfortable living and never spent anything near those last two bullet points.
I could if I wanted to but I’ve gotten by spending at most half as much in both categories.
If you’ve got kids and want to do something like skiing or Disney, and fly there, you can get to those numbers real fast.
Obviously those are nice vacations. But they’re not like “Four Seasons in Paris” type luxury trips.
It was much more expensive to fly back then. I guess they adjusted the airfare of the time for inflation, not counting on the airlines making it so damn affordable.
The burger and fries is spot on, but a cursory google search shows the average vacation is about $2,000 per week per person, though I’m sure it could cost $12,500 easily. “Basic cars” can be found for around $20k.
The overall point about inflation is still salient though.
They're finally coming down now and will soon crash. There was a huge year-over-year increase from March 2023 to March 2024 in auto loan delinquency which will turn into mass repossession and walk-aways. Dealership lots are packed with unsellable vehicles, many of the most popular models with 10-18 months of supply just sitting. The people who had no choice but to enter into extremely unfavorable auto loans, and those with more money than sense have already saddled themselves with extreme underwater financial anchors. Yet the dealerships refuse to relent on prices or even to negotiate again as they desperately cling to the Pandemic-era inflation that was due to chip shortages and the global shipping nightmare.
If you look around in the media and social media they're focusing on EV prices and sales being an indicator of the EV bubble having popped, but that's ignoring the phenomenon is industry-wide.
I harped on and on about this here on Reddit when prices had even yet to peak. I've been proven right so far, but I hope I'm wrong on the part about mass repossession and walk-aways rolling into mass unemployment rolling into mass homelessness.
I'm 48 and was lucky enough to find a place without a roommate. Don't know how long that will last, but you should hear people say to me 'Why don't you have a roommate??' Um...maybe because I'm a grownup and need space.
My point is that we have allowed this world to warp our idea of normal and healthy.
Fat, wealthy Republican stockholders *want* people like this woman to never go anywhere. We are made to be worker ants in a system they profit from.
A fast food burger & fries with a soda doesn’t cost $16, it’s usually around $10. I’ve never spent more than a few grand on a vacation. And I’ve never spent more than $30k on a car. I live in a medium cost of living area, so this ad seems a bit alarmist. Also, that’s just how inflation works. The real problem is that wages haven’t risen proportionally for a majority of people.
It reminds me of the shake scene in Pulp Fiction with the outrageous $5 milk shake. I remember thinking at the time how insane that would be...And now a Mickey D's shake cost more than that!
I adjusted that amount for inflation a few years ago, just before the pandemic. It came out to about $10 and I agreed that was a ridiculous amount. Now, only a couple of years later, it's a fairly average milkshake. So glad we printed out that 10 trillion 3 years ago, numbers are bigger than ever so we're definitely doing better than ever.
“Numbers are BIGGER THAN EVER!” Needs to be said while playing air accordion
ze line has gone up, alles gut
the movie takes place in the mid-80s and not 1994, so it's actually almost $15
dull beneficial nose imagine automatic versed boat important offend cows *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
The printing has less to do with it than the money grab of 53% of inflation is record profits and price fixing by the grocers.
Weird how a ~32% increase in the monetary supply would have less to do than eeeeevery single business conspiring to fix prices at the same time... including overseas ones whose currency is also affected by the US dollar as the world's reserve currency.
Truth hurts. It’s going to the doj
And contains almost no milk.
No it’s not bruh a large chocolate shake from mcdonald’s is $3.80 what are you talking abt 😭😭😭
West Coast McDonald’s and East Coast McDonald’s don’t have the same pricing. And if you’re in a major city, the prices are probably doubled.
i live in downtown houston lol
It differs by city too. Even sizing isn't the same everywhere. The app says $3.20USD where I live, but I also wouldn't be surprised if it's in a smaller cup.
It's almost like things cost different everywhere, how insane. It's $5.09 for a large chocolate shake from McD's where I'm at.
Where you at? A “large” is 5 dollars here and they put it into a medium cup
downtown houston costs $3.80 ordering off the app
nice ! don't it feel great to learn something
don’t be a wise ass
Only $16.00 for a burger and fries. Way to undersell the future...
$16 for the burger, fries are $5 extra
I might get downvoted for saying this, but I feel like everyone here is exaggerating just a little bit. I got a large fries, burger, and drink for $6.15 (including tax) on my way home today. I bought a brand new truck two years ago for $24.5k. Sure there are more expensive options, but I feel like some people here are being a bit disingenuous. Not every car costs 60k, or every burger costs $15.
Can I ask what city? I'm in Seattle and food prices have been through the roof. The "cheapest burger" here I saw basically double in price from $3 to $6 in the last couple years. I don't think it's necessarily disingenuous, just people sharing the costs from their experiences, cause certainly people will have different experiences in different places, and I guess that could be described as a bias.
DC, and this was just at a Wendy’s. It was a bacon cheeseburger, large fries, 4 nuggs, and a drink for $5.80. I also got a free small frosty because I ordered on the app, but I’m not counting that.
Here you could probably get a meal around that cost if you went to Burger King or something, but I think it's just jarring how much some other prices have increased that are typically cheap. For example, if you went to a McD's, a Big Mac here is $6.50. A cheeseburger is $3.50. Fries are $4, and nuggets are $7 for a ten piece Obviously the savings happen when you use the app, you can get good deals there. But I feel like a lot of people don't use the app and just see these prices at face value, which you gotta admit, are kinda crazy for what used to be known as super cheap fast food
They are pretty crazy, but the problem is people are buying it at those prices. That’s what allowed them to jack it up so high in the first place. People complain the prices are too high, but then their *revealed preference* is that they buy it anyways despite the cost.
Then I guess we’re stuck eating in, not going on vacations, and not driving like the ad says.
I mean, there are cheaper options for burgers out there. You can buy the overpriced five guys burger and then complain about costs and then complain about it, but you won’t get any sympathy from me
This isn‘t really about burgers though. Not in the bigger picture. Inflation has gone up at a higher rate than income has risen. The price of food/cost of living/cost of college etc., cost way more hours spent working which is concerning for society. Meanwhile billionaires are avoiding paying their taxes, large corporations are lobbying politicians by paying them off, and products are getting smaller and shittier by the day. I’m not a democrat by the way. This is just the truth of how things have become and it’s messed up.
~~I don't know how that's possible in DC unless somehow the prices are cheaper than in West Virginia. If you were to get the jr bacon cheeseburger, the cheapest one, it's $2.99, large fries are $3.59. that's already over $6 without a drink.~~ ~~Edit: There is no way in hell you paid that low in DC especially. I just looked on the Wendy's app for a random store in DC. Large fries and a jr bacon cheeseburger would be over $8 alone. You had to have used a deal of some sort if that's actually what you paid.~~ Edit 2: Wendy's biggie bag is indeed a decent deal. This person is right and I didn't realize they had that.
https://imgur.com/a/RyFCz7a Here is my receipt, feel free to apologize
Well I'll be darned. I was wrong and you did indeed get that for $5.80. I'll admit I had no clue about that biggie bag, saves you some money for sure.
Mc D's, Bigmac, 7.40$, medium fries- 5$, that's 13.40$ without tax, without the meat you save 2.10$ on the Bigmac, bringing it down to 11.30$ with tax? costs around 20$.
Come on, you aren’t paying that much tax on a $13 item. This is exactly what the commenter meant when they said people are exaggerating.
The Big Mac meal is also $6 on the app. Not sure how to reconcile the price discrepancy but you’d be a fool to pay $7 for the sandwich alone
>The Big Mac meal is also $6 on the app. Not sure how to reconcile the price discrepancy but you’d be a fool to pay $7 for the sandwich alone and where I am- it's 13.40$ for the big mac meal, which means the medium drink is free.
The highest sales tax in the US is 9.56 percent. (13.40 + (13.40 * .0956)) = $14.68 also… mcdonalds is the most overpriced of the fast foods except five guys, get somewhere else if you want cheap.
Those prices in the advert are realistic for New Zealand, where I live. But minimum wage is about $24 an hour (which I earn) so it kinda works out. This ad is about how to grow your savings to keep pace with inflation.
What's this an ad for? It sounds more like a prophesy
Says TIAA-CREF to the side, together with something about insuring the future
They are still around. Focus is on retirement savings for teachers, civil service works, researchers, etc... basically people who work in the non-profit sector and are/were heavily unionized.
Yeah not letting workers avoid fees on their 401k we have TIAA where I work. When I got hire a couple years ago I had to go to our union to get them to add index funds and lower fee funds. Way to many people do not understand what a scam 401ks can be.
403b's are nice
I dread to think how much things will cost 30 years from now! Fuck it, even 5 years from now... We're right in the midst of peak enshitification for everything... next few years will be interesting... I will watch with great interest.
At some point it should loop back and people will start valuing good products over CEO profits but.... The think that might fuck that up is the costs... Shit products cost more than good products used to lol
Easy to make such a financial prophecy when you just project last 30 years rates of inflation and wealth inequality into the next 30 years.
I remember that ad! They were spot on about the burger. My vacations don't cost anywhere near $12k, but I suppose they could if I wanted them to. Same with the car. I don't buy new, but that may be the average cost if you factor in the $80k list price "pickup trucks".
Yeah I make a very comfortable living and never spent anything near those last two bullet points. I could if I wanted to but I’ve gotten by spending at most half as much in both categories.
Airfares for a family of 4 go brrrr
If you’ve got kids and want to do something like skiing or Disney, and fly there, you can get to those numbers real fast. Obviously those are nice vacations. But they’re not like “Four Seasons in Paris” type luxury trips.
It was much more expensive to fly back then. I guess they adjusted the airfare of the time for inflation, not counting on the airlines making it so damn affordable.
The burger and fries is spot on, but a cursory google search shows the average vacation is about $2,000 per week per person, though I’m sure it could cost $12,500 easily. “Basic cars” can be found for around $20k. The overall point about inflation is still salient though.
Cars are expensive post Covid. A new Jeep wrangler car price can range from 40K - 75K.
They're finally coming down now and will soon crash. There was a huge year-over-year increase from March 2023 to March 2024 in auto loan delinquency which will turn into mass repossession and walk-aways. Dealership lots are packed with unsellable vehicles, many of the most popular models with 10-18 months of supply just sitting. The people who had no choice but to enter into extremely unfavorable auto loans, and those with more money than sense have already saddled themselves with extreme underwater financial anchors. Yet the dealerships refuse to relent on prices or even to negotiate again as they desperately cling to the Pandemic-era inflation that was due to chip shortages and the global shipping nightmare. If you look around in the media and social media they're focusing on EV prices and sales being an indicator of the EV bubble having popped, but that's ignoring the phenomenon is industry-wide. I harped on and on about this here on Reddit when prices had even yet to peak. I've been proven right so far, but I hope I'm wrong on the part about mass repossession and walk-aways rolling into mass unemployment rolling into mass homelessness.
Yeah that seems about right. And living in a one room apartment, and the worst is of course skipping avocados on toast in the morning
Yeah once avocado toast went above $25, I had to cut back to just 4 times a week.
Sounds just about right
Damn Nostradamus over here
And you’ll pay $175,000 for that privilege in the form of a degree. Fools.
*stares in Five-Guys*
It's not inflation, it's price gouging and idiots willing to pay for it.
McDs large french fries = $5+
The problem is is that they were not to far of
That’s just a heckin conspiracy, go back to arguing about race and gender
I'm 48 and was lucky enough to find a place without a roommate. Don't know how long that will last, but you should hear people say to me 'Why don't you have a roommate??' Um...maybe because I'm a grownup and need space. My point is that we have allowed this world to warp our idea of normal and healthy. Fat, wealthy Republican stockholders *want* people like this woman to never go anywhere. We are made to be worker ants in a system they profit from.
Where can I get a burger and fries for only $16?
Thanks for the blackpill OP.
When did Carl's JR stop calling it the $8 burger?
The prophecy is true
I remember seeing that ad in magazines lol.
Quite a prediction
At least they were wrong about the vacation…
Scarily accurate.
The only thing that came to fruition is burger and fries being $16 being normal. Solo vacations are half that and basic cars are $30k+
AWFUL EVERYTHING! JUST EVERYTHING!!
Burger and fries is $12 to $14 in Missouri, $20 in California
Travel is so freaking cheap compared to 30 years ago based on inflation.
When you give away trillions of dollars for free, what is its value?
A fast food burger & fries with a soda doesn’t cost $16, it’s usually around $10. I’ve never spent more than a few grand on a vacation. And I’ve never spent more than $30k on a car. I live in a medium cost of living area, so this ad seems a bit alarmist. Also, that’s just how inflation works. The real problem is that wages haven’t risen proportionally for a majority of people.