Invisible Inflation
Anyone else catching this? I keep seeing that product prices have been stable due to low inflation. Well for starters a lot of items like gas, milk, beef and so forth appear to have gone up substantially.
But how about invisible inflation? I was looking at a six pack of guiness yesterday when I noticed that the bottles are all 11.2 oz. Not 12. When I stopped by the pet store to buy food, the cans were 13oz, not the 14 they used to be and I think they were 16oz at one point. Coffee is now sold in 12oz bags instead of 16oz.
I started thinking and looking around and LOTS of things seem to come in odd sizes and volumes now, many an oz or .1L or whatnot off of a standard measurement size.
Are we have our lunch slowly eaten without even realizing it?
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Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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