McDonalds And Others Looking To LOWER PRICES As Consumers HAVE HAD ENOUGH, Choose NEEDS Over WANTS

#mcdonalds #inflation #lowerprices

McDonalds is actively exploring adding a $5 meal to their menu in an attempt to lure back lower income customers. This marks a potential sharp turn as fast food prices has risen over 100% in some cases. Other businesses such as Ikea and Michaels are also lowering prices as consumers are forced to spend less on wants and more on needs. In this segment we discuss this news and give our insights on what it may mean about the overall economy.

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