Tuesday, May 5, 2020

Nearly a Fifth of Wendy’s US Restaurants Are Out of Beef

CNBC’s Amelia Lucas reports that nearly a fifth of Wendy’s U.S. restaurants have run out of beef, according to a study by Stephens Inc.

The study found that nationwide 1,043 restaurants — or 18% of its U.S. restaurants — have listed beef items as out of stock.

Look, with the mad lockdowns, we are facing what must be considered the anti-productivity economy.

Productivity in the country is shrinking.

Food supply shrinkages are getting the headlines but it is impacting much more than food.

Shrinking supply with massive Fed money pumping means accelerating price inflation.


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