And yet, groceries have never been cheaper. So the question becomes which do you want: consumer benefits, or your aesthetic preferences regarding how big a company should be?
And yet, groceries have never been cheaper. So the question becomes which do you want: consumer benefits, or your aesthetic preferences regarding how big a company should be?
Groceries have gotten cheaper because the companies selling it pass off their negative externalities to society.
Groceries were cheapest around 2000 and have gotten more expensive since? Particularly 2020 on
Should jobs be a factor as well? I see a lot of job loss in small town Iowa and Nebraska. I don't live there and people there have definitely voted with their wallets.
Food plus quality price index in Japan and France look better to me despite the lack of Walmarts.
And, I read some things about price collusion of the major grocers during the pandemic that makes me concerned.
I will say, thanks for being a human and discussing this as a human. Too many bots on HN lately.
You can analyze it on that basis, but it's a political question. Is the grocery industry a jobs program?