Welcome to Z-Pack:.one topic, 2 minutes - easy to consume and fast-acting ⚡️

If this is your first Z-Pack, welcome - I'm Zach.

I’m chronically online, finding out how the world works.

This is Hot Take Friday 🔥

⬇️ Let’s get it.

🔥 Hot Take Friday

Often we never ask ourselves how and why things are priced the way they are.

In this case, the Tweet below shows the president of Queens’ College at Cambridge complaining about Americans “getting priced” out of things because of inflation, like higher costs for fast food…

But then along comes our friend, Matt Darling (senior employment policy analyst at the Niskanen Center), who verbally smacks this guy across the face.

See for yourself 👇

Americans are not facing unbearably high costs of fast food or restaurants. In fact, Americans are eating out more at restaurants than ever before.

As we’ve talked about before, Americans are wealthier than ever before, and most of the wage gains the last few years have gone to poorer people (like in the restaurant industry) who switched to other higher-paying jobs.

This seems like to me a good thing.

This really shouldn’t be a hot take, but, ya know, people catch vibes.

And here’s some hopium for your weekend —

Until next week 🍻

Thanks for taking the Pack,

Zach

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Disclaimer: This is not financial advice or recommendation for any investment. The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.