Prescott Barden
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thread 1/4
Inflation is misunderstood.

Someone gets the extra money you pay for stuff.

It the who that is important.

Is it the waitress or waiter at you favorite restaurant or is it the farmer or rancher, or one of the many drivers moving the ingredients around the world ...
01:48 AM - Mar 14, 2024
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Prescott Barden
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thread 2/4
or is it the shareholder of some food conglomerate?

During the pandemic the whole world figured out that the people that make our food were more important than we thought and underpaid.

From the farmer to the grocery store employee to the waitresses and cooks ...
01:48 AM - Mar 14, 2024
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Prescott Barden
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thread 3/4
We are now seeing a shift in who gets paid.

The food companies are trying to maintain their dividend, their market share, etc

They are raising prices.

In some areas, hiring kids to do adults work. At least 11 states are changing child labor laws. So lower wages and fewer complaints.
01:48 AM - Mar 14, 2024
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Prescott Barden
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thread 4/4
Lowering the standard of employment and they are lowering the quality of the work.

15 year old vs 30 yr old? who do you want working in a factory making your food?

Do we want these companies to be self regulating?
01:48 AM - Mar 14, 2024
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