Estimated reading time: 14 minutes
Makes me wonder how long it takes for internal reference prices to adjust in an inflationary environment like the one we are facing now. An example from my everyday life, a few restaurants that I frequent have raised prices above my internal reference rate. I feel like I am not getting good value for my money. Probably I will have to adapt my IRP at some point.
"all for the price of a few cups of coffee per month" I wonder where the inspiration for this came from?