Fifty Cent recently opened a new ice cream shop called Fifty’s where customers can enjoy classic ice cream treats like bars, cones, sandwiches, and popsicles priced between $4 and $5. Despite a drop in inflation from 9.1% in June 2022 to 3.2% in March 2024, many consumers still consider prices to be on the higher side, as noted by Forbes contributor John Jennings. Inflation reflects the rate at which prices rise, and once they go up, they tend to stay elevated.
Jennings explains that the impact of inflation varies among individuals based on their spending habits, with certain categories like education and medical costs experiencing higher inflation rates. Factors like housing and commuting choices can also influence how people perceive inflation. The attention on price increases for frequently purchased items such as gas or in this case, ice cream from Fifty’s, may cause some to overlook stable or even cheaper products.
Fifty Cent has shared nostalgic memories of ice cream trucks in the past, recalling the anticipation of their arrival in a tweet from May 2022. The excitement quickly turned to disappointment when there wasn’t enough money to buy treats, a relatable sentiment for many. Opening Fifty’s appears to be his way of bringing those childhood memories back to life for himself and customers alike.