• 0 Posts
  • 20 Comments
Joined 4 months ago
cake
Cake day: February 23rd, 2024

help-circle



  • roscoe@lemmy.dbzer0.comtomemes@lemmy.worldEat the rich.
    link
    fedilink
    arrow-up
    3
    ·
    edit-2
    18 days ago

    Yes, I did read it. I’m going to need a source that says that was written by Diogenes Laertius quoting sometime else, not a quote of him, and he was quoting Diogenes of Sinope and not one of the other “pretty much all of the famous Greek philosophers”.

    Maybe you should brush up on basic logic with Aristotle.






  • roscoe@lemmy.dbzer0.comtoComic Strips@lemmy.worldXXX
    link
    fedilink
    arrow-up
    2
    ·
    edit-2
    3 months ago

    You don’t think the ‘greedy’ food production industry is gonna raise their prices for restaurants?

    It doesn’t matter what I think, or what you think. The intermediate PPI I linked is what they’re paying. And what they’ve been paying has seen annualized deflation of ~5% for most of a year now. Why? I’m not sure. Maybe because we can’t stop eating but restaurants can close their doors if their profit margins disappear so their demand is more elastic. It doesn’t make sense for suppliers to drive their customers out of business. Maybe it’s something else, it doesn’t matter. They’re paying what they’re paying, and what they’re paying has been deflating at 5% annualized for a while.

    Or are you saying…all the restaurants in America, along with all the grocery stores, are conspiring to keep prices high for consumers?

    No need for a conspiracy when there is a lack of incentive to do anything else. Why would they ever charge less than we’ll pay?

    And no single mom & pop shop is like, hey, we could lower our prices

    Have you not been paying attention for the last 40 years? Small business in competition with giant corporations have to run razor thin margins to stay competitive. And if one did manage to find a little fat to cut, Walmart et al. will just run at a loss until they’re gone.

    As long as we can pay, they’ll charge more. Where is the money coming from? I don’t know, maybe it’s the increased savings rate during COVID I read so much about, maybe something else. For things with inelastic demand people will deplete savings and run up credit cards. Once that money has been extracted…blood, stone, etc. The prices will come down, but not until maintaining them is literally impossible. Anything else would violate fiduciary responsibility to the shareholder.


  • roscoe@lemmy.dbzer0.comtoComic Strips@lemmy.worldXXX
    link
    fedilink
    arrow-up
    1
    arrow-down
    1
    ·
    edit-2
    3 months ago

    The only reason it didn’t go up 20% is you can’t get blood from a stone so they had to take a haircut on their profits. Click the food tab, you can see there has been an annualized ~5% deflation for most of a year now. That’s the point. Inputs don’t determine retail costs, they charge as much as they can.

    And yes, restaurants do buy from wholesalers. The chart I liked is specifically intermediate inputs. If you’re so ignorant about the way things work that you think restaurant owners are going to the grocery store, I don’t know what to tell you.


  • roscoe@lemmy.dbzer0.comtoComic Strips@lemmy.worldXXX
    link
    fedilink
    arrow-up
    2
    arrow-down
    1
    ·
    edit-2
    3 months ago

    When the cost of produce goes up for you, it goes up for McDonalds, too.

    That’s not happening at all. There has actually been deflation in inputs.

    If you want to know how bad we’re being fucked, search for the PPI, the producer price index. CPI, the one we always hear about, is the measure of inflation to us, the consumer. The PPI is the measure of inflation to producers, what they pay for goods and services to produce the goods and services we buy.

    The PPI has been back to “normal” for a while now. Pretty much as soon as the post COVID logistics issues were mostly ironed out. The difference between PPI and CPI changes is almost all profit.

    We don’t get daily articles on the PPI though, I wonder why.

    Tell people about PPI whenever you can, online or off, the more people know, the better. It’s easy enough to say inflation is just down to greed but being able to back it up by comparing two simple charts will help people really understand.

    PPI

    CPI



  • What the fuck has been happening with these people? They used to just be weirdos that thought they could drive (travel) without a licence and didn’t think they had to comply with a bunch of laws, but mostly administrative stuff. When did they morph into a group that’s all about stealing stuff with magic paperwork?

    I used to see them as a bunch of goofs that were mostly harmless, aside from things like driving without insurance. Now they’re just a bunch of thieves trying to get over on anyone and everyone.



  • roscoe@lemmy.dbzer0.comtoFuck Cars@lemmy.worldSo easy ! 🤷
    link
    fedilink
    English
    arrow-up
    47
    ·
    4 months ago

    Yeah, whenever you have dead space on one side you hug that side to give more space to both you and the person on the other side.

    Last spot on the aisle, curb, pillar between spots, cart return, whatever.

    Being a cybertruck driver he’s almost certainly a douche, but this isn’t why he’s a douche.


  • It sounds like this job pays monthly, is that correct?

    Does the “security deposit” take you below minimum wage for the month (or portion of the month if you start between the 2nd and the 10th)?

    If you agree to it and it doesn’t take you below minimum wage it might be legal depending on your location. If it goes below minimum wage and you’re in the US I’m pretty sure it’s illegal. Definitely if you go below federal minimum wage, but if you’re somewhere with a higher minimum wage there could be exceptions to the local law this falls under.

    It would get more complicated if you’re an exempt salaried employee and this takes you below the level where you can be exempt but keeps you above minimum wage for 40hrs/week. They would have to make sure they’re in compliance with regulations for hourly workers and I doubt they’d bother with that.

    But, as others have said, unless you’re desperate don’t work for these assholes.



  • roscoe@lemmy.dbzer0.comtoComic Strips@lemmy.worldRational Self Interest
    link
    fedilink
    arrow-up
    15
    arrow-down
    1
    ·
    edit-2
    4 months ago

    You can’t even assume everyone can agree on the same definition of rational. If a business owner is a sadist they might value treating their employees like dirt more than the money they’d make if the business ran more efficiently. For a dickhead, rational self interest could mean forgoing profit to cause misery.