Costco facts of the day
Original Report
Costco sold 157.4mn rotisserie chickens worldwide last year, almost double the number of a decade ago. “It’s $4.99 and for Costco members, that’s one fantastic deal. I don’t think you can produce it...
Costco sold 157.4mn rotisserie chickens worldwide last year, almost double the number of a decade ago. “It’s $4.99 and for Costco members, that’s one fantastic deal. I don’t think you can produce it for that,” said Walt Shafer, who oversaw the construction and management of the Nebraska site before he retired from Costco this year. […] The post Costco facts of the day appeared first on Marginal REVOLUTION.
Glass House Analysis
Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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