Supply chains, worker wages and the price of energy has been blamed for the current bout of high inflation. But central bankers around the world are starting to clue in to something consumers have been aware of for a while — corporations just aren’t afraid to raise their prices anymore.
I’ve noticed here in the US that all restaurants have been getting more expensive yet worse in quality. You can get a good anything anymore without paying insane prices.
And even for typically expensive prices, you get fairly mediocre food.