Will the price of a Costco Hot Dog exceed $1.50 by the end of 2025?
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9%
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This market resolves to YES if I can find a Costco in the US where the hot dog costs more than $1.50 by the resolution date.
It resolves to NO if I can find no such evidence.
It resolves to N/A if Costco no longer exists, or is no longer selling hot dogs.
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Quote from Costco CEO Craig Jelinek, recounting a conversation with Costco's co-founder Jim Sinegal:
“I came to (Jim Sinegal) once and I said, ‘Jim, we can’t sell this hot dog for a buck fifty. We are losing our rear ends.’ And he said, ‘If you raise the effing hot dog, I will kill you. Figure it out.’
Emphasis mine. Yes, it's true.
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