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2024-07-27 21:05:03

Robert Reich on Nostr: Chipotle raised prices six times since 2021 and kept them high — even as costs have ...

Chipotle raised prices six times since 2021 and kept them high — even as costs have flattened.

The result?

Profits jumped 110%. It authorized $400M in stock buybacks. Its CEO was paid $22.4M in 2023...1,354 times the median Chipotle employee.

What's really driving inflation?
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