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Suffering from Shrinkage

Dot50 Wrote: Sep 04, 2012 10:57 AM
What's to become of us? Do we all know that a half gallon of ice cream isn't a half gallon anymore? The container is marked 48 ounces/1.5/1.75 quarts, but when you go for the half gallon-looking container, who looks so closely at the volume? I found several sites lamenting this shrinkage, and stating that some companies advertise that their half-gallons are still that. This is a good article: http://www.mlive.com/business/west-michigan/index.ssf/2010/07/will_ice_cream_makers_ever_ret.html

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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