Agreed. Everyone in supply chain is dealing with roughly doubled freight rates since October. All these benefits are probably predetermined %s allowed based on gross profits.
As if inflation and supply shortages alone wouldn't explain the price increase. I'd hear General Mills side of the story before I condemned them. Socialists always blame capitalist greed for the destruction wrought by their policies.
I accept the fact that socialists always blame capitalism.. that’s inherently wrong.. But many of the large corporate CAPITALISTS are much more SOCIALISTIC at heart.. Capitalism promotes that competition in the MARKET ALONE dictates prices and wages.. SOCIALISM by nature is dictated by Powers that Control the prices, Glean the Profits for themselves, leaving the Orts for those producing.. the Lobbyists for many of these corporations are making Sweetheart deals with the politicians and their handlers to do just that.. They can call a dog a cat, so to speak, and most often do.. It then is just semantics, and does not change the truth or make it so..
Fuck all these companies. Boycott them all. Globalization is over. We are in contraction phase. Which means back to the old ways of knowing your neighbors and local barter for goods and services. Enjoy the decline.
It is. Not cereal, or at least not breakfast cereal.
It's a basic biological function. Consuming fats, proteins and yes even carbs kickstart your metabolism.
This helps you burn calories at rest and gives you more energy throughout the day.
Bacon and eggs was partially astroturfed into existence...but also wasn't. The support for it was grounded in science. This combination of foods has a very large amount of protein and fats, which gets your body's furnace started.
Most people who build their bodies learn this really quickly.
Consider the value of the corn in a box of corn flakes is 3.3 cents when corn is $2.28 a bushel. Corn is currently $7.68 a bushel, meaning there is now a whopping 11.12 cents worth of corn in corn flakes.
Cereal is trash for you anyways. HIgh sugar, high carbs, no protein, no long-term hunger control, it only makes you more hungry, which is their intent. Stick to good ol' fashioned bacon and eggs for breakfast. Eat something that'll stick to your ribs, in a good way.
Inflation is high, so if GM wants to continue making $2.1 billion in profit then it needs to raise the prices.
And if GM is to report increasing profits to the shareholders, then it needs to increase the price of cereals above the inflation rate to compensate for the decrease in customers due to its high price.
There are natural cereals that are keto friendly (low carb) and otherwise that are pretty good.
Also, cereal is good for you..provided you aren't eating the sugary bullshit ones.
Certainly I'll never buy a box of General Mills brands again, not even for a feel good snack.
Let's see... 18.1 billion in sales for 2021, 466 million in the perks mentioned above accounts for 2.57%.
These are the wrong numbers to look at. This is how you follow the narrative and blam greedy companies. Better get some communism in here to fix it!
A better question is: did the percentage profit from total sales make an inexplicably large increase?
And why aren't they getting destroyed by competitors after raising prices 20% for no reason?
Another economically illiterate from Seattle
Agreed. Everyone in supply chain is dealing with roughly doubled freight rates since October. All these benefits are probably predetermined %s allowed based on gross profits.
As if inflation and supply shortages alone wouldn't explain the price increase. I'd hear General Mills side of the story before I condemned them. Socialists always blame capitalist greed for the destruction wrought by their policies.
I accept the fact that socialists always blame capitalism.. that’s inherently wrong.. But many of the large corporate CAPITALISTS are much more SOCIALISTIC at heart.. Capitalism promotes that competition in the MARKET ALONE dictates prices and wages.. SOCIALISM by nature is dictated by Powers that Control the prices, Glean the Profits for themselves, leaving the Orts for those producing.. the Lobbyists for many of these corporations are making Sweetheart deals with the politicians and their handlers to do just that.. They can call a dog a cat, so to speak, and most often do.. It then is just semantics, and does not change the truth or make it so..
TL:DR - should have been an investor?
Fuck all these companies. Boycott them all. Globalization is over. We are in contraction phase. Which means back to the old ways of knowing your neighbors and local barter for goods and services. Enjoy the decline.
Quit eating fing cereal, it's complete junk. Don't feed your kids cereal either.
It is. Not cereal, or at least not breakfast cereal.
It's a basic biological function. Consuming fats, proteins and yes even carbs kickstart your metabolism.
This helps you burn calories at rest and gives you more energy throughout the day.
Bacon and eggs was partially astroturfed into existence...but also wasn't. The support for it was grounded in science. This combination of foods has a very large amount of protein and fats, which gets your body's furnace started.
Most people who build their bodies learn this really quickly.
Many Americans would benefit greatly by waiting to BREAK their FAST until noon.
The entire food pyramid and everything you were taught about food is all as incorrect as global warming and COVID.
Eat leftover dinner at 10 am. Eat dinner at 5 pm. That's all you have to do.
I see the poors are complaining about capitalism again
Consider the value of the corn in a box of corn flakes is 3.3 cents when corn is $2.28 a bushel. Corn is currently $7.68 a bushel, meaning there is now a whopping 11.12 cents worth of corn in corn flakes.
https://www.ers.usda.gov/amber-waves/2008/february/corn-prices-near-record-high-but-what-about-food-costs/
Plus there is less content in the packaging! A-Holes!!
Cereals are gay!
Then there are the ‘grain free’ cereals. All rainbow colory and contain no grain.
The dumbfucks and brain dead buying them don’t realize Cereal is grain!!!
Fucking ignorants.
I wonder what raises were like for the rank and file GM employee. I bet some were just happy to get 1% this year.
Cereal is trash for you anyways. HIgh sugar, high carbs, no protein, no long-term hunger control, it only makes you more hungry, which is their intent. Stick to good ol' fashioned bacon and eggs for breakfast. Eat something that'll stick to your ribs, in a good way.
Well, duh.
Inflation is high, so if GM wants to continue making $2.1 billion in profit then it needs to raise the prices.
And if GM is to report increasing profits to the shareholders, then it needs to increase the price of cereals above the inflation rate to compensate for the decrease in customers due to its high price.