The Fed is Killing the Middle Class

“I walked into a Subway sandwich shop and noticed a big change in the menu. I noticed that the list of sandwiches in its $5 menu keeps shrinking. Pretty soon, Subway will have to come up with a new name for its menu.  This is also happening at other fast-food restaurants. In January, Wendy’s turned its $0.99 menu into a ‘Right Price, Right Size’ menu. And, recently, McDonald’s announced it’s turning its $1 menu into a ‘Dollar and Up’ menu.  These price hikes seem like inconsequential changes. But they represent something bigger … Without its $1 menu acting as an anchor, McDonald’s is now free to start passing along its higher input costs to consumers in the form of rising prices.”

http://thesovereigninvestor.com/2013/11/11/fed-killing-middle-class/

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