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The true costs of inflation in small-town Texas
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Re: The true costs of inflation in small-town Texas
#22Re: The true costs of inflation in small-town Texas
#23"the price of food, particularly meat, has risen more than the over-all consumer-price index"
Unpopular opinion: But maybe this is fine? In fact after inflation is under control, maybe real meat needs a heavy carbon tax to keep the prices high. We can rebuild the supply chain around fake meats as we slowly switch away. I know this all seems implausible, because the cow/meat lobby will have a field day with any congressman suggesting this, but one can dream.
Re: The true costs of inflation in small-town Texas
#24> a box of a hundred and eighty eggs, which had cost around eight dollars when he opened the restaurant, in 2001, was nearly fifty. I don't think I've seen wholesale eggs even close to that high at any point. I think the only place I've seen unit prices that high is at a Whole Foods (which is organic, not wholesale, and has a "premium brand"/convenience markup). Are eggs just outrageously expensive in the Texas marke…
At my Costco the 180 box is just under 40 with tax, and thats for the medium eggs. If you want large its $60 for the box. So this seems believable…
Re: The true costs of inflation in small-town Texas
#25Re: The true costs of inflation in small-town Texas
#26Generally, this really sucks for the restaurant and the town but, "the price of food, particularly meat, has risen more than the over-all consumer-price index" Unpopular opinion: But maybe this is fine? In fact after inflation is under control, maybe real meat needs a heavy carbon tax to keep the prices high. We can rebuild the supply chain around fake meats as we slowly switch away. I know this all seems implausible…
Re: The true costs of inflation in small-town Texas
#27> a box of a hundred and eighty eggs, which had cost around eight dollars when he opened the restaurant, in 2001, was nearly fifty. I don't think I've seen wholesale eggs even close to that high at any point. I think the only place I've seen unit prices that high is at a Whole Foods (which is organic, not wholesale, and has a "premium brand"/convenience markup). Are eggs just outrageously expensive in the Texas marke…
At my Costco the 180 box is just under 40 with tax, and thats for the medium eggs. If you want large its $60 for the box. So this seems believable…
Signs of avian influenza include: birds dying without clinical signs; lack of energy; decreased egg production; soft-shelled or misshapen eggs; swelling or purple discoloration of the head, eyelids, comb, and hocks; nasal discharge; coughing; sneezing; incoordination; and diarrhea. The USDA has a resource with images to help identify discoloration and other clinical signs.
Re: The true costs of inflation in small-town Texas
#28Earlier quoted context omitted.
Sure, but someone loses, and in this case the loser is the local restaurant that doesn't appear to have much pricing power.
It sounds like the restaurant was a side project that was barely solvent to begin with. They could try raising prices, but if the customers leave then people simply aren't willing to pay what it costs to keep that place open and the demand to support that restaurant in that place just isn't there.
This is an incredibly bad take.
Restaurants are a grueling business and many have low margins — 80% fail within 5 years. Since the beginning of the pandemic many incredible and beloved restaurants in my city have been forced to close due to lock downs, landlords raising rents, rising costs, etc.
> They could try raising prices, but if the customers leave then people simply aren't willing to pay what it costs to keep that place open and the demand to support that restaurant in that place just isn't there.
If customers are sensitive to higher prices, it's probably because of record inflation and economic downturn limiting their disposable income.
Nowadays the only establishments with stability are chains: McDonalds, Starbucks, Burger King... places that for the most part only care about profit and neither pay or treat their employees well, or have good quality food. A city without diverse locally-owned restaurants is a bleak prospect.
Re: The true costs of inflation in small-town Texas
#29Generally, this really sucks for the restaurant and the town but, "the price of food, particularly meat, has risen more than the over-all consumer-price index" Unpopular opinion: But maybe this is fine? In fact after inflation is under control, maybe real meat needs a heavy carbon tax to keep the prices high. We can rebuild the supply chain around fake meats as we slowly switch away. I know this all seems implausible…
fake meats are overly processed, and probably more expensive too. real chicken has far more protein and is better digested than fake meat. from a nutrition standpoint, the real thing is much better.