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Let's see... how much liver and other organ meats do you get from a steer vs. how much beef? Now try to feed everyone who is eating beef on that.
Iâm fine with high beef prices and less cows, especially given the water issues out west⦠and how much water cows require.
Politics has a bit to do with beef prices, notably high feed costs. But mostly apolitical⦠due to drought and ranchers choosing to slaughter more cows than build their herd. And screwworm.
What I can't quite get my arms around is that beer prices in a can/bottle haven't changed much, but God forbid you are drinking in a place where someone serves it to you.... it's $8-$10 (plus 30%). To add to the misery, what used to be an extra $1 for a pint of a double IPA has turned into 10 oz or 12 oz pours for the same price as everything else (which has gone up in price). Shrinkflation is real.
A few weeks ago, we were out in Philly at a brewery I really like. It's the usual story of a cool place in an old building in a neighborhood I wouldn't have been caught dead in 25 years ago. It was $34 for the first round (4 beers), and mine included an IPA | 6.6% | $8 for 12 oz. That's $10 with tip. I can get a 4 pack of 16 oz cans to go for $18? Paying 3X to sit on their stools and listen to their music just seems silly. We grabbed 2 four-packs and headed out.
That same draft in a restaurant in Philly will cost you $12 (+tax and tip).
I think some of it is that people are drinking less, so profits are down on booze, so they are raising the prices. That's the death spiral for any brewery or restaurant that isn't really good.
Waaaayy back in the good old days a beer was $2 and a lap dance was $10. The $2 per was expensive then but it kept out the riff raff.
With inflation over 45 years, I guess a $10 beer is okay, but you don't get any entertainment at that price these days.
What I can't quite get my arms around is that beer prices in a can/bottle haven't changed much, but God forbid you are drinking in a place where someone serves it to you.... it's $8-$10 (plus 30%). To add to the misery, what used to be an extra $1 for a pint of a double IPA has turned into 10 oz or 12 oz pours for the same price as everything else (which has gone up in price). Shrinkflation is real.
A few weeks ago, we were out in Philly at a brewery I really like. It's the usual story of a cool place in an old building in a neighborhood I wouldn't have been caught dead in 25 years ago. It was $34 for the first round (4 beers), and mine included an IPA | 6.6% | $8 for 12 oz. That's $10 with tip. I can get a 4 pack of 16 oz cans to go for $18? Paying 3X to sit on their stools and listen to their music just seems silly. We grabbed 2 four-packs and headed out.
That same draft in a restaurant in Philly will cost you $12 (+tax and tip).
I think some of it is that people are drinking less, so profits are down on booze, so they are raising the prices. That's the death spiral for any brewery or restaurant that isn't really good.
At the southern outpost, inflation has hit a lot of stuff pretty hard. A really good margarita ~ $10, but you can often find happy hour or specials that are as good as 2 for 1. Beer has been consistently reasonable. My goto is usually 65 pesos, up from 50 a couple years ago. The exchange rate has hit more than inflation. A fizzy lemonade is usually more than a beer. And you can often find specials on the beer too - usually 3/2 or something that makes you count buddies and wonder how much time you'll be at the place. It's still cheaper at home, but not enough to worry about. There are a couple of microbrews too, but they are pretty much full on US pricing. It's hard to spend $8-10 for a beer when it's $3 across the street.
It's definitely bust season for microbreweries. But there was also a time when on-site sales weren't where the money is... if the brewery's main market was retail stores, not the burgers and pizza restaurant business, then their taphouse prices are sometimes better.
A growler (4 pints) used to cost significantly less than 4 pints at the pub and for good reason: no canning/shipping/dishwashing expenses, just Here's the Beer Now Go Away. Lately though, if a pint is $7, the growler will be $25. Granted the pint at the bar is usually only 14 oz with spillage so you're getting something less but it's still way more than really good beer in convenient cans at the local store. I guess people pay it. I only get growlers if there's something on tap that they won't be bottling/canning.
What I can't quite get my arms around is that beer prices in a can/bottle haven't changed much, but God forbid you are drinking in a place where someone serves it to you.... it's $8-$10 (plus 30%). To add to the misery, what used to be an extra $1 for a pint of a double IPA has turned into 10 oz or 12 oz pours for the same price as everything else (which has gone up in price). Shrinkflation is real.
A few weeks ago, we were out in Philly at a brewery I really like. It's the usual story of a cool place in an old building in a neighborhood I wouldn't have been caught dead in 25 years ago. It was $34 for the first round (4 beers), and mine included an IPA | 6.6% | $8 for 12 oz. That's $10 with tip. I can get a 4 pack of 16 oz cans to go for $18? Paying 3X to sit on their stools and listen to their music just seems silly. We grabbed 2 four-packs and headed out.
That same draft in a restaurant in Philly will cost you $12 (+tax and tip).
I think some of it is that people are drinking less, so profits are down on booze, so they are raising the prices. That's the death spiral for any brewery or restaurant that isn't really good.
It's definitely bust season for microbreweries. But there was also a time when on-site sales weren't where the money is... if the brewery's main market was retail stores, not the burgers and pizza restaurant business, then their taphouse prices are sometimes better.
A growler (4 pints) used to cost significantly less than 4 pints at the pub and for good reason: no canning/shipping/dishwashing expenses, just Here's the Beer Now Go Away. Lately though, if a pint is $7, the growler will be $25. Granted the pint at the bar is usually only 14 oz with spillage so you're getting something less but it's still way more than really good beer in convenient cans at the local store. I guess people pay it. I only get growlers if there's something on tap that they won't be bottling/canning.
And so is the cost of eating/drinking out...beer prices have gone up ~50% since 2019. Now that's shocking.
What I can't quite get my arms around is that beer prices in a can/bottle haven't changed much, but God forbid you are drinking in a place where someone serves it to you.... it's $8-$10 (plus 30%). To add to the misery, what used to be an extra $1 for a pint of a double IPA has turned into 10 oz or 12 oz pours for the same price as everything else (which has gone up in price). Shrinkflation is real.
A few weeks ago, we were out in Philly at a brewery I really like. It's the usual story of a cool place in an old building in a neighborhood I wouldn't have been caught dead in 25 years ago. It was $34 for the first round (4 beers), and mine included an IPA | 6.6% | $8 for 12 oz. That's $10 with tip. I can get a 4 pack of 16 oz cans to go for $18? Paying 3X to sit on their stools and listen to their music just seems silly. We grabbed 2 four-packs and headed out.
That same draft in a restaurant in Philly will cost you $12 (+tax and tip).
I think some of it is that people are drinking less, so profits are down on booze, so they are raising the prices. That's the death spiral for any brewery or restaurant that isn't really good.
thats kinda the problem...too many eat too much cake.
Since the end of 2019, grocery bills have risen about 33%, or 4.5% annual CAGR. But grocery inflation for the prior few decades leading up to 2019 were running only ~2%, below the overall inflation rate. So the CAGR over the entire period pre and post pandemic is ~2.5%...pretty much equal to overall inflation.
Further, if you more discretionary strip center store/ processed goods, the food inflation is lower.
The issue is we all buy our groceries each week...and are constantly reminded of the issue. I think groceries are still a relative bargain, but too many rely too much on processed goods.
Currently, if you limit or switch beef for other proteins, limit processed food... the price of a basket of goods is manageable.
Gas and electric are another story.
And so is the cost of eating/drinking out...beer prices have gone up ~50% since 2019. Now that's shocking.
I'd be okay eating home-cooked beef liver from time to time because I know how to cook it and while it's not "good" food it tastes good to me. BUT THE POINT IS you can't buy beef bones for your dog for under $6/ pound and what used to be cheap cuts (brisket) are now out of reach because that's all they can sell so they have to bring the floor up. A rack of beef ribs used to be a giveaway cut with about 1 oz of edible meat per pound, is untouchable.
In a strange twist of market forces at work, filet mignon is often literally 50% less per pound than ribeyes these days. Especially tomahawks and other gaudy shit. Used to be a premium because it was super fancy but it's lost that distinction. Now it's just a boring and flavorless tender oh so tender cut of meat.
I'd be okay eating home-cooked beef liver from time to time because I know how to cook it and while it's not "good" food it tastes good to me. BUT THE POINT IS you can't buy beef bones for your dog for under $6/ pound and what used to be cheap cuts (brisket) are now out of reach because that's all they can sell so they have to bring the floor up. A rack of beef ribs used to be a giveaway cut with about 1 oz of edible meat per pound, is untouchable.
In a strange twist of market forces at work, filet mignon is often literally 50% less per pound than ribeyes these days. Especially tomahawks and other gaudy shit. Used to be a premium because it was super fancy but it's lost that distinction. Now it's just a boring and flavorless tender oh so tender cut of meat.
It's truly difficult to believe how mind-numbingly out of touch the administration is. I guess it's a feature....
They're not out of touch, you are. When was the last time you felt the pain of not being able to reach your assistant when your chef ran out of grey poupon?
