Turn out that putting a 50% tariff on the biggest coffee producer in the world (to try to interfere with Bolsonaro’s trial) raises the price of coffee, who would’ve thunk
It’s actually because people are willing to pay it.
Products are priced according to what people are willing to pay, not what they cost to produce.
If you’ve ever sold drugs, you’d know this firsthand. So many suckers are proud to pay 500%+ markup on products and then praise me for selling it to them.
Price of the coffee is the smallest part of that cup of coffee though, probably less than a dollar. The vast majority of it is everything else from facilities to work and leeches cutting their profits
Are we sure this person isn’t buying instant granules? At least to my Australian brain, a 25 fl oz cup of coffee (~739 mL in real units), is a patently insane size to buy from a cafe.
This is very Australian of me, but you don’t really go to cafes just to drink a boatload of coffee. You go for the vibes, or the great quality coffee, but if you want 25 fl oz of coffee, what exactly are you buying. Batch brew (drip coffee to the Americans, I think?)
They’re putting huge tariffs on Switzerland too. Which makes the grinders and other shit Starbucks uses to make coffee in its shops.
However, I’m pretty sure roasted beans and ground coffee at the grocery store is just price fixed to the cost of a cup at the megacorp coffee shops at this point.
Turn out that putting a 50% tariff on the biggest coffee producer in the world (to try to interfere with Bolsonaro’s trial) raises the price of coffee, who would’ve thunk
It’s actually because people are willing to pay it.
Products are priced according to what people are willing to pay, not what they cost to produce.
If you’ve ever sold drugs, you’d know this firsthand. So many suckers are proud to pay 500%+ markup on products and then praise me for selling it to them.
Lol this person still believes in the free market.
Price of the coffee is the smallest part of that cup of coffee though, probably less than a dollar. The vast majority of it is everything else from facilities to work and leeches cutting their profits
Are we sure this person isn’t buying instant granules? At least to my Australian brain, a 25 fl oz cup of coffee (~739 mL in real units), is a patently insane size to buy from a cafe.
Yes
They aren’t buying that either; they are buying a 25 oz (~700g) container of coffee beans, most likely pre-ground
That’s probably a fill for a thermos, but yeah that’s a proper size coffee.
At that point, why go to a cafe?
This is very Australian of me, but you don’t really go to cafes just to drink a boatload of coffee. You go for the vibes, or the great quality coffee, but if you want 25 fl oz of coffee, what exactly are you buying. Batch brew (drip coffee to the Americans, I think?)
You’d be wired as fuck, that’s for sure haha
Grab a coffee on the go? Idk it’s common here
People grab takeaway coffee here also, but not a 740 mL coffee. Those really are insane sizes.
Yeah it’s on the bigger side, would last all day for me most days
They’re putting huge tariffs on Switzerland too. Which makes the grinders and other shit Starbucks uses to make coffee in its shops.
However, I’m pretty sure roasted beans and ground coffee at the grocery store is just price fixed to the cost of a cup at the megacorp coffee shops at this point.
Fuck this place. And fuck it’s coffee industry.
Yeah, just waiting for the record profits of the coffee importers and processing plants.
Yes but every middleman will add as much as possible to profit and blame it on the tariffs.
“Preemptive tariff compensation”.