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Old 01-11-2012, 10:17 AM   #1 (permalink)
Join Date: Nov 2009
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Default Ya get what ya pay for....or do you?

I guess this is one of those things that kind of slips through the cracks. I was reading an article about some woman suing an orange juice company for false claims of it being 100% juice..well whatever. In the article it kept mentioning amounts of this and that in the 59oz containers. I didn't catch it until I read the comments below the article, one poster wrote that it was funny how 5-6 months ago the juice came in half gallon containers (64oz's) but still cost the same. So I'm at the store this morning buying dog food, which went up by .50 a few weeks ago, I happen to look at the weight on the bottom of the package...my 20lb bag of dog food now contains 17.5lbs?? To me this seems like a sneaky way to hide how fast inflation is rising. Is this a sign of coming hyper inflation that many worry about as the dollar loses it's value? Anyone else notice anything like this in other products?

I have noticed over the past year or so that fast food burgers have gotten smaller, didn't think much about it, now I wonder. I understand that in this economy prices are going to go up, but now I'm paying more and getting less, that means prices are going up faster then it appears. Who knows, maybe nothing, maybe another sign of coming doom.
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Old 01-11-2012, 11:11 AM   #2 (permalink)
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Hell, they've been doing shit like this for years. There was an "expose" about 20 years ago on some laundry detergent where they were advertising "new improved more concentrated" but when you worked out the number of loads you'd get it was less than with the old non-improved less concentrated version. Now it's so common the journalists don't even bother.

Another trick is when fast-food joints bring in a new size of french fries and "adjust" the sizes of the smaller portions to space them out, but don't reduce the price. You listening, Dave Thomas?

I'll tell you what worries me -- it's that government programs (transit comes to mind) not only want more money to keep the service going, but want a bigger percentage of the money. Nothing, but nothing, is getting cheaper -- not in actual dollars, not in inflation-adjusted dollars, and not in percentages. Meanwhile (as Snowolf will reluctantly point out if you beg him ) our pay is lagging inflation. Shouldn't take a math genius to extend the curve. Eventually it's going to run up against the hard face of reality and you'll get New Zealand or Greece happening everywhere.

Time to start stockpiling beans, boys....

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Old 01-11-2012, 12:29 PM   #3 (permalink)
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Definitely have noticed grocery prices have gone up, I paid like $2 more then normal for basic cheese yesterday. Best way to see if they are cheating you is to look at the price-per-ounce. I see stuff all the time that looks like a good deal, but it's just deceptive packaging or advertising and the PPO is way higher.

Consumerism is only going to get more expensive, it relies 100% on limited resources that are peaking/have peaked.
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