42 sats \ 1 reply \ @Nuttall 26 Jan \ on: Applebees offers subscription service - have we reached peak fiat? econ
The subscription is front running inflation. You've gained the funds before you've purchased the things you need to make a fresh product. Instead of getting hammered by consumers flush with easy money and then trying to get more raw materials to meet the new demand.
Good point. I suppose gift cards have a bit of this aspect too - the funds are worth more when the card is purchased than when it's redeemed.
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