Quote:
Originally Posted by Barry-xlovecam
My customers are not the menial workers being replaced -- they are the guys buying the robots. The stock markets are up and my business has increased dramatically.
To some degree these displaced workers will be spending less, and this, in aggregate may effect sales in some way.
No one can afford a $6.00 ratburger anymore.
Wendy's will sell less product if they do not contain prices somehow.
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Look at the big mac index, its what every country pays for a big mac. we charge 25 cents more than australia who has an 18 dollar an hour min wage. also companies cant just raise prices as they feel, thats a myth. there is a price consumers will pay for a good so the bullshit of 20 dollar burgers wont happen.