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AverageBear
@
2013 Jan 6, 10:10am
AverageBear
@
2013 Jan 6, 10:10am
Go to Malaysia where McDonald's has a VIP drive through, for concierges of high
ranking government and diplomat officials.
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What 2nd or 3rd world VIP could resist McDonald's fries? Nobody can resist their fries. The sound of those fry-o-laters is the same sound of my quarterly dividend payment landing in my account, which increases (faster than inflation) every year.
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http://seekingalpha.com/article/1071571-the-big-mac-and-your-financial-health-rising-burger-prices-show-a-worrying-trend
I think we all here at patnet understand that the CPI is a sham, but this helps put it in numbers, at least a little.
Big Mac inflation has outpaced CPI inflation by a little under 1.5%. What really gets me though is that the Big Mac probably is made of cheaper ingredients than it was years ago.