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Suffering from Shrinkage

ACACIA Wrote: Sep 02, 2012 11:23 AM

a tub of butter substitute 3 lbs (48 oz) is now 45 0z., 5 lb bag of sugar is now 4lbs, a 5 lb bag of potatoes is now 4 lbs. there are still places that have the normal sizes, they are disappearing of the store shelves fast to be replaced by the smaller sizes at the same price. to me this amounts to a 20% increase in cost to the average comsumer. to top it off the cost of food and gasoline is not figured in the cost of living for increased social security payments. retired persons really get it shoved up the rear. and our politations are really going to help the old folks HA HA !!!!!!!

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Suffering from Shrinkage

I’m starting to rethink my deflationist stance.

My basic Austrian training says that as applicants for jobs increase and wages decrease, that’s deflation.

As housing prices continue to plummet, irrespective of a dead cat bounce, that’s deflation. And with my new computer being half the price from a few years ago with three-times the power, that’s deflation.

However, I must admit that shrinkage is running rampant, and most assuredly, that is inflation?

Let me explain.

Recently, during one of my cross country sojourns, I was between flights in the City of Brotherly Love, Philadelphia, PA.

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