son of witless wrote:
If you average in the CEO's $ 18 M yearly salary to the $ 102 B yearly sales of McDonalds, the CEO's salary added about $ .000176 to each dollar of the cost of each item of food. A fraction of a penny. A small fraction of a penny.
Once again you don't know what you are talking about !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
And he doesn’t understand basics. If I charge 7 bucks for a big burger and people buy it, that is “what the market will bear.” That is business. It has nothing to do with inflation.
Inflation is a result of “ bad government.”
Simply put, just for the purveyor of Dunce hats- if our government Obeyed the law, we would have gold and silver Coin in general circulation, by Law.
The Treasury is ordered to mint 1 billion such Coin. The Mints produce them and they are placed in circulation.
What’s the inflation rate ? It’s Zero.
Now, along comes paper notes, an unlawful substitute for money. Each note is “redeemable” by the face amount in gold or silver. If it is one to one you have no inflation.
But , a double whammy hit America in 1913 and in 1963-64 : the Unconstitutional Federal Reserve Act ( it foisted non-governmental, private paper Notes upon a trusting populace). Said notes were at first redeemable, then Not redeemable.
President Kennedy gets murdered by the Banking cartel and CIA ops. Then the banks sucked lawful, silver coins from circulation.
We are in hyperinflation. We have no lawful money in general circulation.
Get it ? Comprendez vous ? Entiende usted ?
And please, no knee jerk moronic responses about me or anyone else using this fiat money. 40 years ago i filed documents/ Affidavits clarifying that I was using our false monies at law without recourse.
Our Constitution works IF we obey it.