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With food prices going to the moon, just a matter of time before restaurant’s go plop.

 
Killerofsmbiz
User ID: 82023669
United States
06/20/2022 06:38 AM
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With food prices going to the moon, just a matter of time before restaurant’s go plop.
By design

Most small business will close down.

This war against the middle class..

I would go far enough to call it class racism.
They hate us.
Anonymous Coward
User ID: 83717274
Australia
06/20/2022 06:40 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
I can order from a thai restaurant cheaper than maccas .
I think people will realise this soon .
Anonymous Coward
User ID: 83717348
United States
06/20/2022 06:47 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
We just had a meal out.
Crappy food.
High prices.

With that Special Combo and Shrinking
Disposable Income,
the handwriting is on the wall.

When burger flippers with PhDs lose
THOSE jobs, where will they go?

PhD = Piled High and Deep

Digging ditches?
Anonymous Coward
User ID: 83711861
United States
06/20/2022 06:48 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
By design

Most small business will close down.

This war against the middle class..

I would go far enough to call it class racism.
They hate us.
 Quoting: Killerofsmbiz 82023669


Schwab and Gates have their own personal chefs, no need for commercial restaurants for the doomed peasants.
Anonymous Coward
User ID: 83711861
United States
06/20/2022 06:49 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
We just had a meal out.
Crappy food.
High prices.

With that Special Combo and Shrinking
Disposable Income,
the handwriting is on the wall.

When burger flippers with PhDs lose
THOSE jobs, where will they go?

PhD = Piled High and Deep

Digging ditches?
 Quoting: Anonymous Coward 83717348


No further ditches required.
Pluming and roads are for the living.
:funeral:
Anonymous Coward
User ID: 80929355
United States
06/20/2022 06:56 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
I paid over 100 for a father's day brunch yesterday.

French toast with cheesecake and bacon.

steak and eggs with potatoes

4 Bloody Mary's

and $100 in gasoline.

Meanwhile Joe Biden falls off a bike when he spots a five year old girl whose ass he wanted to grab....
Anonymous Coward
User ID: 73328804
United States
06/20/2022 07:00 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
I paid over 100 for a father's day brunch yesterday.

French toast with cheesecake and bacon.

steak and eggs with potatoes

4 Bloody Mary's

and $100 in gasoline.

Meanwhile Joe Biden falls off a bike when he spots a five year old girl whose ass he wanted to grab....
 Quoting: GORGLESNARGLE


No one forced that on you. You could have celebrated any other day. Sheeple always fall for these dumb holidays and not only have to fight for a table but pay a bunch of money for brunches. No one forced you to pay $40 for four weak cocktails bruh.
Anonymous Coward
User ID: 78032096
United States
06/20/2022 07:00 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
Commodity trader here

Oils price is imploding. It wont last very long above $100, there is no excessive demand its just a market driven squeeze based on news events from sanctions and anti oil green energy bs. The sanctioned russian oil has mostly finished working its way getting rerouted with them delivering to friendly nations at a discounted price and the west paying a premium for their sanctions.

It's overplayed, it's illogical at this point and with supply slowly increasing as the economy begins to show signs of recession (drop in demand with that) its inevitable that oil is going to tank.

USOIL daily chart shows an obvious double top
USOIL weekly chart with RSI shows heavy bearish divergence
It should be drastically reducing in price over the next few months unless something shocks the system once again.

I've made almost 38 million on this oil run up and look to double that on the way down now.

Democrats want cheap oil for this mid term election, they will sell their souls to get there. Dont expect it to get back to $2.50 gas range, thats gone forever. You will get $3.50-$4.50 gas and you will think thats cheap now
Anonymous Coward
User ID: 82659030
United States
06/20/2022 07:19 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
I paid over 100 for a father's day brunch yesterday.

French toast with cheesecake and bacon.

steak and eggs with potatoes

4 Bloody Mary's

and $100 in gasoline.

Meanwhile Joe Biden falls off a bike when he spots a five year old girl whose ass he wanted to grab....
 Quoting: GORGLESNARGLE


No one forced that on you. You could have celebrated any other day. Sheeple always fall for these dumb holidays and not only have to fight for a table but pay a bunch of money for brunches. No one forced you to pay $40 for four weak cocktails bruh.
 Quoting: Anonymous Coward 73328804


What you say is true but I believe the bigger take away is that biden has fucked the country out of options and continues to take away basic human rights
Anonymous Coward (OP)
User ID: 82023669
United States
06/20/2022 07:27 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
Commodity trader here

Oils price is imploding. It wont last very long above $100, there is no excessive demand its just a market driven squeeze based on news events from sanctions and anti oil green energy bs. The sanctioned russian oil has mostly finished working its way getting rerouted with them delivering to friendly nations at a discounted price and the west paying a premium for their sanctions.

It's overplayed, it's illogical at this point and with supply slowly increasing as the economy begins to show signs of recession (drop in demand with that) its inevitable that oil is going to tank.

USOIL daily chart shows an obvious double top
USOIL weekly chart with RSI shows heavy bearish divergence
It should be drastically reducing in price over the next few months unless something shocks the system once again.

I've made almost 38 million on this oil run up and look to double that on the way down now.

Democrats want cheap oil for this mid term election, they will sell their souls to get there. Dont expect it to get back to $2.50 gas range, thats gone forever. You will get $3.50-$4.50 gas and you will think thats cheap now
 Quoting: Anonymous Coward 78032096


Where would I put 5k about right now in the market?
Anonymous Coward
User ID: 80929355
United States
06/20/2022 07:32 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
I paid over 100 for a father's day brunch yesterday.

French toast with cheesecake and bacon.

steak and eggs with potatoes

4 Bloody Mary's

and $100 in gasoline.

Meanwhile Joe Biden falls off a bike when he spots a five year old girl whose ass he wanted to grab....
 Quoting: GORGLESNARGLE


No one forced that on you. You could have celebrated any other day. Sheeple always fall for these dumb holidays and not only have to fight for a table but pay a bunch of money for brunches. No one forced you to pay $40 for four weak cocktails bruh.
 Quoting: Anonymous Coward 73328804


Do you really have to be forced to do anything nice?

If so I truly pity anyone that has any sort of relationship with you, you're really a debby downer.

and "sheeple".....


Anonymous Coward
User ID: 79180373
United States
06/20/2022 07:32 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
The problem with small mom n' pop type restaurants is a lot of people still believe that the only thing necessary to run a profitable restaurant is to be a good cook. Um, nope. So much more to it.

I hope you're wrong. I think your right though.
Bright Side
Texas Yellow Rose Colored Glasses...

User ID: 70745207
United States
06/20/2022 07:39 AM

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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
You might be right...

I just re-subscribed to one of those meal delivery services (like hello fresh, home chef, dinnerly) because I did the math and right now it's cheaper because they haven't raised their prices yet.

They're fairly high quality, convenient and easy but I'm a good cool- I don't really need ideas or instructions - so before I felt the cost wasn't worth it. But with even coventional 85/15 ground being over $5/lb and broccoli almost $3/lb etc... even cheap go-to dinner food is outrageous.

For now restaurants are price stable but for how long?
Life is a spiritual war and no matter where we lay our head, we live in a warzone.

There will be casualties.

You do get to choose your side. I chose the Bright Side where my God fights for me.

Others chose the Dark Side and fight for an entity that views them with disdain and discards them.
Anonymous Coward
User ID: 83709175
Australia
06/20/2022 07:46 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
I can order from a thai restaurant cheaper than maccas .
I think people will realise this soon .
 Quoting: Anonymous Coward 83717274


I don't support any business in Australia since they all went along with QR bullshit and clot shot mandates.

I hope all those cunts go broke. Reap the whirlwind bitches.
RestoreTheAnger

User ID: 78146701
United States
06/20/2022 07:50 AM

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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
I still eat out maybe 3-4 times a week and that includes alcohol. I’ve seen a usual bill for two to from $35 bucks to now $65 bucks. Weird “add ons” also like auto tip, 3% if you use a credit card fee and now some even “cash only”…I still tip about 20% but wondering how many others don’t and subtract those “fees” from severs tip?
Sorry, that message is no longer in the database.
Anonymous Coward
User ID: 83667049
United States
06/20/2022 08:22 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
By design

Most small business will close down.

This war against the middle class..

I would go far enough to call it class racism.
They hate us.
 Quoting: Killerofsmbiz 82023669


I knew when the heads of all the "big" stores like Wmart and Target stood up behind Trump in a news conference because they would be allowed to stay open during lockdown that within the next decade we woyld have no small stores left.

Four restaurants in our small town closed this week. None of them were chains, just mom and pop places.
Anonymous Coward
User ID: 80844622
United States
06/20/2022 08:38 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
Commodity trader here

Oils price is imploding. It wont last very long above $100, there is no excessive demand its just a market driven squeeze based on news events from sanctions and anti oil green energy bs. The sanctioned russian oil has mostly finished working its way getting rerouted with them delivering to friendly nations at a discounted price and the west paying a premium for their sanctions.

It's overplayed, it's illogical at this point and with supply slowly increasing as the economy begins to show signs of recession (drop in demand with that) its inevitable that oil is going to tank.

USOIL daily chart shows an obvious double top
USOIL weekly chart with RSI shows heavy bearish divergence
It should be drastically reducing in price over the next few months unless something shocks the system once again.

I've made almost 38 million on this oil run up and look to double that on the way down now.

Democrats want cheap oil for this mid term election, they will sell their souls to get there. Dont expect it to get back to $2.50 gas range, thats gone forever. You will get $3.50-$4.50 gas and you will think thats cheap now
 Quoting: Anonymous Coward 78032096


Where would I put 5k about right now in the market?
 Quoting: Anonymous Coward 82023669


Write "market" on your garbage can and put it in there.
StellaBlue

User ID: 72329446
United States
06/20/2022 08:49 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
I live very rural, we used to go out to eat for special occasions but not now, even fast food is outrageous, and the high cost of gas to get there pretty much seals the deal.

Made a delicious steak dinner at home for dad yesterday, with all the fixings, under 25.00 and fed a family of 4... plus we have leftovers.

When I do go into town the restaurants and fast food joints seem busy as ever.

Edit for clarity

Last Edited by StellaBlue on 06/20/2022 08:51 AM
It is better to trust in the Lord than to put confidence in man. -Psalm 118:8

No weapon that is formed against thee shall prosper. -Isaiah 54:17

If I disappear from this forum, aliens didn't take me- Jesus did! Give your heart to him today!
Anonymous Coward (OP)
User ID: 82023669
United States
06/20/2022 09:24 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
I live very rural, we used to go out to eat for special occasions but not now, even fast food is outrageous, and the high cost of gas to get there pretty much seals the deal.

Made a delicious steak dinner at home for dad yesterday, with all the fixings, under 25.00 and fed a family of 4... plus we have leftovers.

When I do go into town the restaurants and fast food joints seem busy as ever.

Edit for clarity
 Quoting: StellaBlue


most are heading this way.


Its just to pricey to eat out anymore.
I would expect this to happen soon to most states...

they want corporate to run everything/so they can control what you eat and what you spend to eat.

this is class warfare against small biz (aka middle class)
Anonymous Coward
User ID: 65142069
United States
06/20/2022 09:30 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
Commodity trader here

Oils price is imploding. It wont last very long above $100, there is no excessive demand its just a market driven squeeze based on news events from sanctions and anti oil green energy bs. The sanctioned russian oil has mostly finished working its way getting rerouted with them delivering to friendly nations at a discounted price and the west paying a premium for their sanctions.

It's overplayed, it's illogical at this point and with supply slowly increasing as the economy begins to show signs of recession (drop in demand with that) its inevitable that oil is going to tank.

USOIL daily chart shows an obvious double top
USOIL weekly chart with RSI shows heavy bearish divergence
It should be drastically reducing in price over the next few months unless something shocks the system once again.

I've made almost 38 million on this oil run up and look to double that on the way down now.

Democrats want cheap oil for this mid term election, they will sell their souls to get there. Dont expect it to get back to $2.50 gas range, thats gone forever. You will get $3.50-$4.50 gas and you will think thats cheap now
 Quoting: Anonymous Coward 78032096


Not true in the Dallas-Fort Worth area... the highway system is as clogged today along with restaurants as ever.

Now in post 2008 the traffic dropped off a cliff almost overnight but so far not this time.......
monkey4truth

User ID: 79259442
United States
06/20/2022 09:34 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
Throw in higher labor costs..higher energy costs..higher business liability and Workers Comp insurance..only so much you can either absorb and pass on to customers before it's just unsustainable
Stand up and speak for truth..even when it's not popular..
Butch DeFeo

User ID: 83141632
United States
06/20/2022 09:35 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
Just wait till after people spend a bunch of money on the 4th of july, then their personal budgets will take.
:DOCSRBAFFLED::redblueLED::DONTBEAPANDEMICS:
Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN.
Anonymous Coward
User ID: 76488865
United States
06/20/2022 09:36 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
This will probably happen within a year if things don’t change course.

The restaurant I work at has raised prices 3 times this year and the delivery fee has gone from 3 dollars to 3.50 to 4.00 in 6 months.

People are still buying 25 dollar grinders and getting them delivered to their blue collar factory jobs but I don’t see how that can last.
goliesave

User ID: 78406809
United States
06/20/2022 09:39 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
You might be right...

I just re-subscribed to one of those meal delivery services (like hello fresh, home chef, dinnerly) because I did the math and right now it's cheaper because they haven't raised their prices yet.

They're fairly high quality, convenient and easy but I'm a good cool- I don't really need ideas or instructions - so before I felt the cost wasn't worth it. But with even coventional 85/15 ground being over $5/lb and broccoli almost $3/lb etc... even cheap go-to dinner food is outrageous.

For now restaurants are price stable but for how long?
 Quoting: Bright Side


i was a UPS helper. those packages leak all over the other packages. many times chicken juice. driver has to carry a bottle of cleaner and rags just for those gross things
goliesave
monkey4truth

User ID: 79259442
United States
06/20/2022 09:39 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
We just had a meal out.
Crappy food.
High prices.

With that Special Combo and Shrinking
Disposable Income,
the handwriting is on the wall.

When burger flippers with PhDs lose
THOSE jobs, where will they go?

PhD = Piled High and Deep

Digging ditches?
 Quoting: Anonymous Coward 83717348


Yep..that's what's really cut out my dining out..one thing to pay higher prices..but not paying top dollar for a shit meal..yeah I know your wholesale food costs have gone up and your cook is an unrealizable inconsistent drunk that you're glad he managed to show up today..but in the grand scheme of things ..not my problem..I'll cook at home
.save a couple of bucks and my meal will be good consistently.
Stand up and speak for truth..even when it's not popular..
Anonymous Coward (OP)
User ID: 82023669
United States
06/20/2022 09:42 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
The only restaurants that they want left to be open will be corporate.

they will not rest till they rename the planet "Pepsi"
Anonymous Coward
User ID: 83660403
United States
06/20/2022 09:44 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
The only restaurants that they want left to be open will be corporate.

they will not rest till they rename the planet "Pepsi"
 Quoting: Cuban_Death_Grip


All restaurants will become Taco Bell
Anonymous Coward (OP)
User ID: 82023669
United States
06/20/2022 09:51 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
The only restaurants that they want left to be open will be corporate.

they will not rest till they rename the planet "Pepsi"
 Quoting: Cuban_Death_Grip


All restaurants will become Taco Bell
 Quoting: Anonymous Coward 83660403


where 23% of the product is actually real food.
Anonymous Coward
User ID: 83718523
06/20/2022 09:52 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
Yes my family will no longer go out to eat. Two expensive
Anonymous Coward
User ID: 80634113
United States
06/20/2022 09:54 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
ZIRP led to too much of everything. Restaurants included. We don’t need a country of fat, lazy bastards and bitches. Cool your own good. Clean your own laundry and house. DIY.
Anonymous Coward
User ID: 83050306
United States
06/20/2022 09:56 AM
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Re: With food prices going to the moon, just a matter of time before restaurant’s go plop.
This is America. This is capitalism. Stop complaining about the prices. Would you rather have Socialism?





GLP