not true. have you ever studied milton friedman, the father of the monetary school of economics. provide a citation for your remark which is just plainly incorrect.
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So oil now down below $30 and foods...goods...services still skyrocketing
- Thread starter S2007S
- Start date
So lets go back some years and think back to the time when oil was surging and all these companies that deliver goods and services were adding all these extra fuel surcharges, hey even my local pizzeria raised prices on his pizza to make up for the huge rise in commodities.... Now let's fast forward... Commodities are down huge and oil and fallen off a cliff yet prices are still rising....I haven't seen my local pizza guy knock off 25 cents off the slice of his pizza because oil is down over 65% in the last 2 years...I haven't seen prices of good or services come down at all with the drop in commodity prices..go to any supermarket and check the prices of fruit and cereal...check-out how much it cost to send a guy to just look at your broken washer machine or dishwasher....always quick to add a surcharge or increase the price of a slice of pizza but never take it away when prices fall.....hopefully a deep recession will keep people in check and maybe balance things out in the long run because all those free trillions the fed pumped into the system really fuc$ked things up.
http://www.cnbc.com/2016/02/10/oil-...s-hit-record-high-economic-woes-continue.html
The cost of grains, coffee are near 9 year lows, Meats, softs are way off the highs and with reduction of fuel, freight charges are cheaper. But grocery stores have not come down in cost of food and I don't see restaurants going down in cost either, grocery stores simple don't make much after all of their cost to stay open, like 5-10% profits. So I just think it is a time where they either are making more or wholesalers are not passing on the savings.
What a racket with pizza, I often wonder what it really costs to make one pizza without the overhead, then add overhead, is it possible to be netting $5 bucks a pizza? Coffee at 9 year lows, you see Starbucks going down in price, hell no, their stock should be triple.
The cost of grains, coffee are near 9 year lows, Meats, softs are way off the highs and with reduction of fuel, freight charges are cheaper. But grocery stores have not come down in cost of food and I don't see restaurants going down in cost either, grocery stores simple don't make much after all of their cost to stay open, like 5-10% profits. So I just think it is a time where they either are making more or wholesalers are not passing on the savings.
What a racket with pizza, I often wonder what it really costs to make one pizza without the overhead, then add overhead, is it possible to be netting $5 bucks a pizza? Coffee at 9 year lows, you see Starbucks going down in price, hell no, their stock should be triple.
The restaurant business is pretty low margin usually.
If pizza was such a "racket", you would see a lot of rich pizzaria owners. Pizza prices at many of the chain restaurants are comparable or lower in some cases than they were 10-15 years ago.
Your employees are usually stealing, food costs, payroll, rent, equipment upkeep, marketing, etc.
bouncing today
you need to own a chain of pizza stores and rotate your personnel between stores and have cameras all over the place.You own a restaurant, your office should be big enough for sleeper, you are so right the employees rip you off out back door. If I opened a restaurant, it be next to my laundromat, and restaurant close at 3pm.
The restaurant business is pretty low margin usually.
If pizza was such a "racket", you would see a lot of rich pizzaria owners. Pizza prices at many of the chain restaurants are comparable or lower in some cases than they were 10-15 years ago.
Your employees are usually stealing, food costs, payroll, rent, equipment upkeep, marketing, etc.
Pizza is a pretty interesting case study...Little Caesar's can sell a decent sized pizza for $5...Yet, go into any locally owned pizzeria and it's probably close to $5 for a slice...Economies of scale I suppose.
Pizza is a pretty interesting case study...Little Caesar's can sell a decent sized pizza for $5...Yet, go into any locally owned pizzeria and it's probably close to $5 for a slice...Economies of scale I suppose.
$5/slice, where?
$5/slice where?
I would say that I've paid roughly $4.00-$4.75 (not including sales tax) at about the last six pizzeria's I've visited in the past few years...OTOH, I can get a slice at Costco for $2.00 and it's not bad...Where? Midwest US
sounds like you added a whole lot of toppings including a naked woman.I would say that I've paid roughly $4.00-$4.75 (not including sales tax) at about the last six pizzeria's I've visited in the past few years...OTOH, I can get a slice at Costco for $2.00 and it's not bad...Where? Midwest US
even in NY:
After cleaning up the data and doing my best to find prices for just cheese/plain/regular slices I found that the mean price was $2.33 with a standard deviation of $0.52 and a median price of $2.45. The base subway fare is $2.50 but is actually $2.38 after the 5% bonus for putting at least $5 on a MetroCard.
http://www.jaredlander.com/2014/05/average-cost-of-a-new-york-slice-in-2014/
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