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🔊 … "This is for everybody living through inflation right now"
"I want to know that moment when you see the price of something that actually makes you gasp"
"I was at the convenience store, and I wanted to buy a snickers bar, and the woman goes, that will be $3.50"
"This is…
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@_1_Independent_
@WallStreetSilv
She could be right, some individually owned convenience store could very well mark their candy bars up… but the solution is… don’t buy it or anything at the store and they likely won’t be in business long.
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@_1_Independent_
@WallStreetSilv
If that’s the case, why are there so many companies filling for bankruptcy?
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@ShagMcShag25886
@WallStreetSilv
Yes this is the actual case.
When business charges a lot and plays it for toomlong. They forget how to create actual value. Then tough times come and they no longer able to over harge for their shitty product - they cannot work inside to reorg fast enough and end up failing.…
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@_1_Independent_
@WallStreetSilv
Well, they have to pay the person at least 15 or $20 an hour to sit at the cash register so take that into account. Unless you’ve tried to run a business, you don’t understand.
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@betsy303
@WallStreetSilv
I ran business and believe it or not - cashier's salary is not the most important expense.
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@_1_Independent_
@WallStreetSilv
Yesterday I asked my boss to order mini Coke cans for me so I could get them cheaper than I found on Amazon, which wasn't much cheaper than store price. Turns out the Amazon price is cheaper. The profit margins on sodas and the energy drinks we carry are SLIM.
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@jslabar
@WallStreetSilv
Yes, because they sell themself. Whatever margin you carry is maybe not that much, but you arent doing much to sell it, every damn monkey can seel a can of coke to a thirsty person, but do not forget that Coca Cola's margin on this can is hella big. Like think about it. It's a…
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@_1_Independent_
@WallStreetSilv
it is both. It started when Biden canceled the pipeline and made it much more difficult for oil companies - fuel went up - thus trucking costs, production costs, etc. Some companies are taking advantage of it also. Those companies need to be boycotted.
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