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THAT ’70S SHOW: Burrito Economics: Why Chipotle’s Wage Hikes Are Not Good News.

June 24, 2021 3:55 pm

via spectator: Even if the labor shortage is artificial, won’t the working class still benefit? The current workers certainly profit somewhat, but not for long if their rising wages are washed away by inflation. Price hikes are not restricted to burritos—prices …

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Burrito Index Update: Burrito Cost Triples, Official Inflation Up 43% from 2001

May 31, 2018 7:56 am

by Charles Hugh-Smith Welcome to debt-serfdom, the only possible output of the soaring cost of living. Long-time readers may recall the Burrito Index, my real-world measure of inflation. The Burrito Index: Consumer Prices Have Soared 160% Since 2001 (August 1, 2016). The Burrito …

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