Meet the $18 Big Mac. Not liking the taste of grease, cardboard, and pink slime, I cannot vouch for any of the quoted prices. But I do know they’re much higher than they were. I’m not running any numbers, but I am confident these seemingly outrageous purported prices roughly match the income-housing ratio I normally use… heck, very rapid check: … $.65 BM in 1970 … $18 today = 27.7x more expensive. $10K income in 1970 x 27.7 = $277,000 today. Close enough. Thanks, Money Powers!
The McDonald’s Price Inflation Index
03 Friday Nov 2023
Posted in News and Notes
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