Interesting take on why McDonald's(fast food) prices are so high now.

[Jesus X]

This mumbling fool made $20 mil from Mickey D's.

It is very sad that far more talented artists wont even make a tenth of that money in their whole careers.

 

[Bubzeh]

I already did and I feel the healthiest I ever felt I did have a weird withdrawal week after I quit fast food. I probably only eat taco bell twice a month now when it used to be like 10 times a month

Jesus would be proud.

 

[tobiaswins]

You can get some deals if you use the app which is what I think they want to push people towards. I know some of them have had to dial it back and start offering deals because their sales are dropping.

This is my thought too. More and more companies want to push their app to better track our spending habits. I suspect McDonald’s raised their prices partially in an effort to get people to download their app just to get decent prices. I don’t care I don’t go there anyway, but that’s my suspicion.

 

[Fedorgasm]

While I agree on the basics of Capitalism being at play here and in situations like this, the free market system is a fragile one. If, for example McDonalds pushes the limit on what they charge, the competition can swoop in and easily replace what McDonalds does and then market share can forever be lost. One of the biggest reasons Blockbuster went under was they knew they were the rental show for years (decades even) and they set the prices for rentals. Redbox and Netflix came along and made it cheaper and more convenient. Blockbuster could never have corrected enough to keep their customers and they eventually died out. Obviously a lack of technology comes into play with Blockbuster, but in the case of McDonalds, people will simply stop choosing them and they could risk it all trying to stay relevant. Their $5 meal box is a prime example of them trying to hold on dearly to their market share of economical shoppers. The $5 meal deal has a 1% to 5% profit margin, which means McDonald's makes 5 to 25 cents for each meal sold. This is lower than the average profit margin of 5% to 10% for a regular order, but it's still better than breaking even.

Yup completely agree. That's part of what the market will bear. If McDonald's starts charging $50 for a burger, and everyone just starts buying from Wendy's instead, then the market didn't bear the $50 burger.

But the other possibility is that Wendy's goes, "oooh awesome, let's follow McDonald's and raise our prices to $50 too!" And all the other burger chains follow suit. Now consumers only choice is to pay $50 for a burger, or not get a burger at all.

And since people are fat and stupid, they'll go into credit card debt for that burger, and now the market is bearing that price.

So when prices are high, don't get mad at the company. Get mad at the idiots who are still buying.

 

[Don Quixote]

I have officially stopped eating out mostly. I’m doing my part to not feed the system. If I do eat out, it’s usually at a nicer restaurant and that’s a one in sixth month occasion. It doesn’t matter how much expendable income you have, there comes a point where it seems like you just throw money on stuff that isn’t worth it no matter what you get; and now is one of those times.

I’m not spending $20 dollars for a specialty pizza at dominos no matter how good it tastes or how much money I have.

 

[IIIIIIII]

yeah, instead of making better food, they want you to buy their shitty food but you'll look cooler this time, instead of the losers before who ate the food while looking lame.

 

[Belaya Smert]

Considering the quality of the food its amazing anyone actually eats that shit. Price aside; although that would make it even more of a rip off.

 

[mozfonky]

Ghey lion explains his take on why McDonald's prices are too high now. In case nobody wants to watch the video. I included the two main reasons.

Spoiler: summary

Celebrity meals featuring BTS and American rappers. Fast food companies are also spending hundreds of millions on app development.

This site shows you the prices of the Big Mac from your local Mcdonald's. New England area and Arizona seems to have some of the most expensive Big Macs within the country

https://pantryandlarder.com/mccheapest

Still cheaper than a real restaurant. You'd have to be a dummie to eat that shit anyways. I rarely do, doesn't taste good, isn't good for you but poor people are dumb.

 

[PaddyO'malley]

Protip: Kiosk nuh keep track of di 15min cool down on di coupon spells so yuh can just spam orders come oot like a bandit

2 fi $5 McDoubles/McChicken automatically trigger coupon too no cool down

Multiple accts get dem weekly deals daily $1 fi 10 sack of nugz den mek oddah order get free fries wif a drink like bruh dats a meal fi under $3 get 7 accounts yuh good fam but yeah just order multiple times broski

 

[RoastBeast]

So when prices are high, don't get mad at the company. Get mad at the idiots who are still buying.

I blame both but yeah, consumers have no backbone for the most part.

 

[RoastBeast]

Protip: Kiosk nuh keep track of di 15min cool down on di coupon spells so yuh can just spam orders come oot like a bandit

2 fi $5 McDoubles/McChicken automatically trigger coupon too no cool down

Multiple accts get dem weekly deals daily $1 fi 10 sack of nugz den mek oddah order get free fries wif a drink like bruh dats a meal fi under $3 get 7 accounts yuh good fam but yeah just order multiple times broski

Thanks for the pro tip Paddy!

@Versez you reading this? Might be the most important information of your lifetime.

 

[PaddyO'malley]

Thanks for the pro tip Paddy!

@Versez you reading this? Might be the most important information of your lifetime.

Thx fam u too pretty sure him mi yute Big Mac bro undefeated in MMA and underground slaps 29-0 all kos MMA 6-0 4kos in slaps prolly trainin' rn won't see til l8r bro ktfo a bear too

 

[Red Beard]

Yup completely agree. That's part of what the market will bear. If McDonald's starts charging $50 for a burger, and everyone just starts buying from Wendy's instead, then the market didn't bear the $50 burger.

But the other possibility is that Wendy's goes, "oooh awesome, let's follow McDonald's and raise our prices to $50 too!" And all the other burger chains follow suit. Now consumers only choice is to pay $50 for a burger, or not get a burger at all.

And since people are fat and stupid, they'll go into credit card debt for that burger, and now the market is bearing that price.

So when prices are high, don't get mad at the company. Get mad at the idiots who are still buying.

Bingo!

 

[Versez]

I decided at the beginning of the year that it was pretty much it for me for McDonald’s. They’re gonna lose big now , believe me. Watch it.

 

[Bobby00]

I decided at the beginning of the year that it was pretty much it for me for McDonald’s. They’re gonna lose big now , believe me. Watch it.

What are you gonna replace it with?

 

[Rygu]

If you're ever wondering why something is so expensive, the answer is always that people are willing to pay it.

When I was getting my MBA they literally taught me this. You don't charge what a product is worth, you don't even charge an amount that will make you insane profits. You always always always charge what the market will bear.

This is absolutely the main reason.

Everyone (me included) complains about how expensive things have gotten. A lot of those things are things we don't need. A new phone every year, eating out, streaming services etc. However most of us continue to pay these prices. If there comes a point where enough are not buying that shit anymore and the companies are seeing major profit loss, then prices might come down.

With groceries, everyone still buys groceries on a regular basis. So obviously prices won't ever come down on those. If a high % of people suddenly grew/hunted their own food and didn't need supermarkets anymore, then you would see prices come down. That's literally the only way it will ever happen.

 

[5crew]

I can count the amount of times I eat fast food chains after I hit 20 years old. Most are shit, not sure why adults are eating them other than convenience. Luckily I live in South East Asia, every food is convenient and basically 24hrs stalls can be easily found so I don't need to depend on these chains.

The last time I entered Mcdonalds was 2020, and I only entered to use their washroom. I kept the QR code scanning bullshit, because it was covid period, for lol. Before this, it was probably another few years ago.

Shitting on people taste buds asides,
I agree with the few saying price are what they are because people while complaining are still willing to pay that amount. Business gonna business, why charge lower when they can generate more profit since people still pay?

 

[ColemanwastheGOAT]

I just don’t eat out hardly ever, and I never get food delivered anymore

Yup. I just pretty much opted out a couple of years ago. Now if I travel and I HAVE to eat out, it always makes me feel like shit. Most of what you get in restaurants is garbage.

I actually usually opt for a hotel room with a kitchenette and just buy some groceries these days.

 

[NoSmilez]

I decided at the beginning of the year that it was pretty much it for me for McDonald’s. They’re gonna lose big now , believe me. Watch it.

You are like the Luigi Mangione for McDonald’s.

 

[Brampton_Boy]

biden/trudeau sponsored inflation is 400% of the reason we have higher prices

People who have this view have a fundamental misunderstanding of global economic systems and factors that lead to inflation.

Inflation is largely explained by two forces - COVID stimulus spending that injected trillions of dollars into the global economy, and supply chain constraints. Every single G20 country (with the exception of Japan) experienced double digit inflation. It has nothing to do with what administration was in power at the time.