Slate Money - McDonald's Fast Food Price War
Fast food prices are sky high, but chains will take losses to get you in the door. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the economics of a new value meal trend. Also: millennials are taking secret “quiet vacations” and dicey geopolitics are affecting bond markets. In the Plus segment: Yankee Stadium is now card-payment only. Do Americans have the right to use cold hard cash?
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The skinny
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