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Consumer Inflation Threatens Too Big to Fail Banks
In the western USA, 120 gallons of gas a month per household is significantly understated! Traffic, combined with the gas guzzler cars that are predominant in those states (particularly California, Nevada and Arizona) put the average miles per gallon at around 15. The number of cars per household and the distances driven puts the average miles driven per household at around 80 per day. So 2400 miles per month at 15 mpg equals 160 gallons per month.
If all California drivers would reduce their consuption by a mere 5%, the US would reduce gasoline consuption by about 1.2 trillion gallons. That transalates to about 300 billion barrels of oil! That $30 trillion dollars would have a noticeable impact and the trade deficit. I am almost certain that the lesser demand would also put downward pressure on oil prices.
Mar 1 09:02 AM
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Fast food chains such as McDonald’s (
), Starbucks (
), Chipolte (
) plan to use tech innovations and other strategies to
speed up lines
during peak hours to maximize their sales. Equipping employees with hand-held ordering systems and encouraging customers to pay by smartphones are two areas in focus.
View news story
There is no question that "scan-and-go" will catch on. I read somewhere that WalMart spends 12 million per day on cashiers wages & benefits. A 20% reduction in that expense represents over $1.5 BILLION directly to their bottom line. They are testing as we speak. The question is how can you and I as investors play this. Who are the leaders in the field and how will they monetize the process.
Sep 1 09:04 PM
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