1079
What happened? Take me back (lemmy.world)
submitted 2 years ago by to c/memes@lemmy.ml
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[–] 223 points 2 years ago* (4 children)

Assuming this was around 1994, and adjusting for inflation, it should still be under $2.

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  • [–] 55 points 2 years ago (5 children)

    Pic 2 also looks like uber eats, not instore

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  • [–] 7 points 2 years ago*

    I went through the drive thru last year and spent almost $20 on 3 beef chalupas. The cashier looked puzzled before she told me the total lol. The one thing I want from that place, I knew it would cost me.

    Not worth it afterwards, I decided.

    Goddamn I want a chalupa

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  • [–] 15 points 2 years ago (1 child)

    The beefy 5 layer burrito was introduced in 2009/10

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  • [–] 48 points 2 years ago (3 children)

    So, Ryan Gosling was 29 years old in the top picture. Damn is he a great actor.

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  • [+] -30 points 2 years ago (3 children)

    The whole supply chain increased their prices as well. Did you take that into account?

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  • [–] 24 points 2 years ago* (last edited 2 years ago) (1 child)

    The supply chain presumably cost something in the first pic too. The prices of those things should have also gone up according to inflation. So wouldn't they also be included in the "inflation adjusted" figure? It's not like they were calculating what it cost without needing a supply chain.

    In fact, I would think that if anything, the price of supply chains would have decreased as technology got better (better fuel, better gas mileage, better routes, better forms of transportation, better computer models to predict outcomes, etc).

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  • [–] 4 points 2 years ago (1 child)

    Supposedly the argument for the recent absurd food prices is because of oil prices increasing (translates to shipping costs increasing) so much with Russia invading Ukraine and everyones sanctions on Russian oil plus the disruption of wheat production in Ukraine.

    And then there's just plain old fucking greed.

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  • [–] 11 points 2 years ago (1 child)

    FWIW prices are really high now here in America too, and we weren't relying on Russian oil.

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  • [–] 1 point 2 years ago (1 child)

    Oil has a single price on the global market, doesn't matter if you're in the US or Europe.

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  • [–] 4 points 2 years ago*

    As it turns out, moving oil across the ocean is really expensive. Even if you can buy oil at the same price in the US and Europe, it's still cheaper to buy it locally and not have to deal with moving it.

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  • [+] -30 points 2 years ago* (last edited 2 years ago) (3 children)

    That's only taking into account monetary devaluation, not inflation of goods and services (or vice versa)

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  • [–] 40 points 2 years ago (2 children)

    What?

    Monetary devaluation is an economic policy Inflation is literally the "general increase in the prices of goods and services"

    https://en.m.wikipedia.org/wiki/Inflation

    https://en.wikipedia.org/wiki/Devaluation

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  • [+] -7 points 2 years ago* (1 child)

    Inflation is market derived and does not include devaluation of the currency, source is your own link on deflation.

    In a global economy goods and services are sourced internationally and are subject to various exchange rates. Rarely anything is ever 100% domestic

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  • [–] 11 points 2 years ago (1 child)

    Even if every ingredient doubled in cost (same as domestic inflation) and profit is a 1/6 of the burrito, we wouldn’t even be at $4. This is corporate greed.

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  • [–] -3 points 2 years ago* (1 child)

    Seems like it's uber eats in the second pic so yeah a lot more markup?

    Energy costs many times what it did too

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  • [–] 7 points 2 years ago (1 child)

    Energy costs many times what it did too

    Perhaps for the consumer, not for the energy providers

    What costs more? Gas or wind? Oil or solar? Coal or wave?

    There's a premium charged for new technology, sure. To cover R&D costs, new tooling, etc, but once the machinery is made, the fuel is essentially free. The wind blows itself, the sun has its own fuel, the tides move freely

    Energy arbitrarily costs more because those that sell it have decided it costs more. Aka corporate greed, which is what this post is complaining about in the first.

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