this post was submitted on 09 Jun 2026
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[–] T00l_shed@lemmy.world 171 points 3 weeks ago (5 children)

Oh the money is there. But its all tied up with billionaires

[–] nosuchanon@lemmy.world 30 points 3 weeks ago (9 children)

The 1% accounts for 60% of spending. But they are all over leveraged or waiting for the inevitable crash so they can buy everything cheap and increase their hoard.

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[–] Makhno@lemmy.world 27 points 3 weeks ago

But won't that new ballroom be something?

/s

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[–] Manjushri@piefed.social 142 points 3 weeks ago (5 children)

The company behind brands like Heinz, Kraft and Philadelphia is now cutting prices (2) on some products that had grown too expensive, increasing promotions...

Yay! Prices are actually going to drop a little?!

...and rolling out smaller package sizes at lower price points.

Fucking jackals.

[–] Whats_your_reasoning@lemmy.world 27 points 3 weeks ago* (last edited 3 weeks ago) (3 children)

This is the second time I've seen a company claim that shrinkflation is the solution to this problem.

At this rate, they'll soon be selling individual packets of ketchup in grocery stores.

[–] Manjushri@piefed.social 10 points 3 weeks ago

Probably for eight bucks a packet.

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[–] Tiral@lemmy.world 10 points 3 weeks ago

Still won't buy them, the fact they shouldn't of done it in the first place, they can fuck themselves.

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[–] switcheroo@lemmy.world 107 points 3 weeks ago (1 children)

You mean the parasite class is having money trouble because the peasants aren't buying? How dare they opt for cheaper options when they can barely afford rent! Don't they know it's paramount to society that they slave away to engorge those who already have too much???

[–] scytale@piefed.zip 50 points 3 weeks ago (2 children)

Yeah it’s the parasite realizing that they went overboard with sucking the blood of their host and now the host is dying.

[–] Strider@lemmy.world 18 points 3 weeks ago

No, it's the parasite noticing suckling blood is getting harder, how bothersome!

They're far off from realizing the host dying.

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[–] BeUnique@lemmy.zip 78 points 3 weeks ago (14 children)

I'm doing my part helping put McDonald's out of business. They aren't cheap anymore and somehow the quality has gotten worse. I went from going once a week many years back to once a month then a few times a year to never. Every time I go I'm disappointed.

[–] katharta@piefed.social 35 points 3 weeks ago (1 children)

It's not even really any more expensive to go to a proper sit-down restaurant and order actual real food, anymore.

[–] Kolanaki@pawb.social 13 points 3 weeks ago (1 children)

That was the reason I stopped going to Carl's Jr years ago. Got to be about the same price as a real restaurant, albeit their burgers were still pretty big and not terrible. But when your best thing used to be advertised as being as good as a sir down burger but for only $6 and it goes up to the same price as a sit down burger, I might as well go get the sit down burger.

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[–] lazynooblet@lazysoci.al 20 points 3 weeks ago (2 children)

Everytime I go I'm disappointed.

It makes me feel ill. The entire following day I feel tired and bloated.

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[–] Blackfeathr@lemmy.world 11 points 3 weeks ago

I'm doing my part too! Haven't been to a McDonald's since 2024, and working hard to convince everyone I know to stop going there too.

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[–] Dryad@lemmy.world 61 points 3 weeks ago

Oh wow, some awareness! It just doesn’t matter till it hits the bottom line of course. Don’t confuse it with compassion.

[–] ToiletFlushShowerScream@piefed.world 45 points 3 weeks ago (1 children)

This article is shit. It's just long form advertising. Don't trust any of it.

[–] Dry_Monk@lemmy.world 11 points 3 weeks ago (1 children)

Halfway through it starts hawking gold and subscriptions to Masterworks 😂

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[–] Asafum@lemmy.world 41 points 3 weeks ago

Fox News: Wow! Lord God President of all the Universe His Holyness Emperor Trump has gifted us with such an AMAZING economy that people have SO MUCH money they can't decide what to spend it on!! They get decision paralysis and end up buying nothing! We're so winning!! Thank you Lord God Emperor Master of the Universe King Trump!

[–] M0oP0o@mander.xyz 36 points 3 weeks ago* (last edited 3 weeks ago) (3 children)

Ha, this is funny since all of those companies have lost the plot lately on pricing/value. Some (like Kraft) have also made mistakes like moving production state side and then damaged their ability to operate world wide, others (like McDonald's) have cut every corner on quality while upping their prices and spending like drunk sailors on app and ads. And they all have made choices (like Whirlpool) to make their products last less time thinking we are made of appliance every 3 years money.

This is the one silver lining on the economic collapse, there is a chance that these badly ran companies might just face consequences. Like there is still demand for product, but with wages being what they are no one is jumping on $20 big mac meals, $3 boxes of kraft dinner or $1800 fridges (that will break just after the warranty).

In a working economy these actors would find themselves out of business, instead they have lived off our credit for years selling things we can't afford. It was always going to come crashing down, but we are finally at the point that they are not denying it and now working to move blame.

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[–] DanceMomsSavedMe@lemmy.zip 35 points 3 weeks ago (11 children)

"According to the Federal Reserve Bank of Minneapolis (9), $100 in 2026 had the same purchasing power as just $11.74 did in 1970."

Now I'm no economist, but it seems like there's a way to fix this problem.

"We've tried bleeding them dry for more and more and it isn't working we're just completely out of ideas!"

Also gotta love how the article says these companies are "lowering prices" and then in the same sentence talks about them selling smaller package sizes for less money.

THAT IS NOT LOWERING PRICES THAT IS GIVING YOU LESS AT A TIME FOR LESS MONEY AT A TIME TO LOWER PRICES THE PRICE PER OUNCE HAS TO DECREASE

[–] Folstar@lemmus.org 13 points 3 weeks ago

Note: CPI was changed in the 90s with the not so subtle goal of changing the metrics to level out and reduce annually reported inflation, in part to reduce COLA (https://www.ssa.gov/history/reports/boskinrpt.html). It sure made politicians look smart and all the charts to go up! This sounds somewhat reasonable until someone who knows about exponential growth enters the chat, points to the Rule of 69/70/72, and notes that the ~2% under reporting of inflation for the past ~30 years means we've silently lost almost half our wealth. This will get exponentially worse yet few are talking about it.

Point being, $100 in 2026 is closer to $6 in 1970.

Median family income in 1970 was $9,870. Median family income in 2026 is NOT $164,500. Not even close.

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[–] inclementimmigrant@lemmy.world 30 points 3 weeks ago* (last edited 3 weeks ago)

Whirlpool CEO can fuck the fuck off after this douchecanoe pushed for washing machine tariffs and then proceeded to raise their own prices raised to match the competitors resulting in all washers AND dryers by over a hundred dollars on average. And then they also proceed to layoff factory workers while complaining that people weren't buying US made goods.

[–] BeardededSquidward@lemmy.blahaj.zone 29 points 3 weeks ago (1 children)

Terrible products, over priced, paid to install a moron as president who fucks up the economy. Yeah, no pity for these fucks, go under.

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[–] samus12345@sh.itjust.works 29 points 3 weeks ago (1 children)

Guess you guys shouldn't have funded Trump's campaign, huh?

[–] DarkFuture@lemmy.world 26 points 3 weeks ago (1 children)

Remember when McDonalds let a felon rapist use one of their locations for a photo op?

[–] samus12345@sh.itjust.works 27 points 3 weeks ago (2 children)

The one that paralleled Mussolini's "working class man" propaganda photo? Yup!

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[–] Formfiller@lemmy.world 28 points 3 weeks ago (1 children)

Nothing a guillotine can’t fix

[–] EvilHankVenture@lemmy.world 10 points 3 weeks ago (3 children)

Come on, this isn't a realistic solution. ONE guillotine? It would have to be running day and night to make a difference, and it would be down for maintenance half the time. We have captured bolt pistols like in No Country for Old Men now. We don't need to use 18th century technology.

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[–] SocialMediaRefugee@lemmy.world 28 points 3 weeks ago

Ready? How? It is like telling someone locked in a prison cell to get ready for a fire.

[–] melsaskca@lemmy.ca 26 points 3 weeks ago (2 children)

"We have priced a good portion of the population out of being our customers. If there was only something we could do. I know! Let's ask the shareholders. They seem like a reasonable bunch who would not expect continued yearly profits for all eternity." /s

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[–] Itdidnttrickledown@lemmy.world 25 points 3 weeks ago (3 children)

Make your slop cheaper or fuck off. These people really are stupid. They are greedy and lack basic positive human traits but otherwise they are just stupid.

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[–] ArbitraryValue@sh.itjust.works 23 points 3 weeks ago

That's an advertisement, not financial analysis.

[–] osanna@lemmy.vg 22 points 3 weeks ago

who'd have thunk people drowning in debt wouldn't have any money for luxuries. WHO COULD HAVE SEEN THIS COMING?!

[–] Treczoks@lemmy.world 20 points 3 weeks ago

Who would have thought that if all wealth is in the hands of a few billionaires, there is no wealth left for all that can be milked...

[–] LuminousLuddite@lemmy.world 20 points 3 weeks ago (1 children)

They'll say the same thing in the 2030s after replacing all of their workers with AI once they realize that those workers are also consumers 🤯.

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[–] bassad@jlai.lu 20 points 3 weeks ago

At the samentime there are people attending sports events where ticket is $5000, with stadiums full. Money is here it is only unfairly distributed.

[–] AdolfSchmitler@lemmy.world 19 points 3 weeks ago

Have they tried 100 year loans on a Big Mac?

[–] laz@lemmy.dbzer0.com 18 points 3 weeks ago (1 children)

The best indicator other than waffle house on how ducked this country is gonna be in a year or two

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[–] DarkFuture@lemmy.world 17 points 3 weeks ago

Turns out when a bunch of bigots and corporations throw their weight in behind a low IQ felon rapist to make a profit or simply to hurt others, things go off the rails for everyone.

[–] WanderWisley@lemmy.world 17 points 3 weeks ago

Won’t someone please think of the innocent billion dollar company?

[–] Meatwagon@lemmy.dbzer0.com 12 points 3 weeks ago (8 children)

Kraft changed their macaroni ingredients and now it tastes like plastic, so...

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[–] Formfiller@lemmy.world 12 points 3 weeks ago

It was kind of a dead giveaway when he wouldn’t even eat his own food on video

[–] rozodru@piefed.world 11 points 3 weeks ago (2 children)

so that means they'll drop prices right?....right?

[–] BarneyPiccolo@lemmy.today 11 points 3 weeks ago (2 children)

Lays just had a company-wide price decrease because a couple of years ago, they decided to get really greedy, and crank up their prices. Really stupid, since you can buy a big bag of first rate chips from Aldi for less than $2.

They finally decreased their prices - but only AFTER losing a couple of billion bucks, the dickheads. They tried so hard to fuck the consumer as hard as they could, and rather than just take it, the consumer walked away.

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[–] leadore@lemmy.world 11 points 3 weeks ago

Wait so trump's 5D chess economics plan to lower prices by making everyone run out of money is working!

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