[WKUHilltopper]

“That view is at odds with the demands of those Republicans who have been predicting a nasty outbreak of inflation since at least 2009.”

This guy hasn’t been to a grocery store?

They’re doing the same crap as they did in the 70s. Shrinking the product, selling you less—at the same price. Has he ever seen the size and thickness of a candy bar pre-1970s?

[aomagrat]

Yep!

A half gallon of ice cream now contains 1.5 quarts.
A 5 pound bag of sugar now weighs 4 pounds.
A pound of bacon now weighs 12 ounces.
The stores in my area are now selling an 8 pack of 8 ounce cans of soda for the same price as a 6 pack of 12 ounce cans.
etc.

[Kaslin]

Yeah a pound now is 14 ounces instead of 16 but costs as much as 16 ounces if not more

[Oatka]

They’re doing the same crap as they did in the 70s. Shrinking the product, selling you less—at the same price.

As in:

And, if they don't shrink the product, they make quantum jumps in prices - no more 5-10c at a time. A large jar of Claussen dill pickles at Wal-Mart just went from $5.68 ($5.00 six mos ago), to $6.58.

[RipSawyer]

“Has he ever seen the size and thickness of a candy bar pre-1970s?”

I have, I entered first grade in 1950 and when I had a nickel I could buy a candy bar that was all I could eat. You didn’t buy a ten cent candy bar unless you were going to give half of it to someone else. I paid five cents a day for school lunch when I started school. It was only up to a quarter a day when I finished high school. Now the dollar and a quarter I paid for a week of school lunches my senior year won’t buy what used to be a five cent candy bar.

[lentulusgracchus]

This guy hasn’t been to a grocery store? They’re doing the same crap as they did in the 70s.

The argument now is that "real" inflation is measured only by obscure monetary metrics involving M3 etc., and ..... here's the kicker ......price increases are not inflation.

So inflation isn't inflation, only bankers' discontent is real inflation, and if prices rise 200%, you can't complain (which is the bottom line).

Delinking consumer prices from "real inflation" has been the object all along of this charade.