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"Concealed Inflation"Hiding that a dollar doesn't go as far as it
used to
I saw this one a while ago, but I didn't get it
posted. Are We Suffering from Concealed Inflation?
Most of these differences are not obvious to the casual shopper. I only noticed the juice cartons the other day and noticed the tuna cans when I had one of each size in my hands and they didn't quite fit together the way they usually do. The other piece of the concealed inflation story is that the shrunken products sell for more or less the same price as the older, larger sized ones did. In the case of the juice, the standard price at my local grocery store has been around 2.99 for some time. Tuna prices have stayed about the same as well. But 2.99 for a slighly smaller carton is functionally equivalent to a higher price for the old, larger one. Almost the first products that change price with increased production costs are vending machine items. Me, this year I noticed it with ice cream and sherbet sizes. Just try finding a half gallon these days. But here is a clear sign that the prices are changing, and yet it is not easily measured. 
Posted: Mon - July 19, 2010 at 11:50 AM
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 Pagan Vigil
Pagan philosopher, libertarian, and part-time trouble maker, NeoWayland watches for threats to individual freedom or personal responsiblity. There's more to life than just black and white, using only extremes just increases the problems.  My Thinking Blogger Nominees
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