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Big Media Finally On The Case Of The Amazing "Value Deflation" Inflation

Tyler Durden's picture




 

Two months ago Zero Hedge first touched upon the topic of relative "value deflation" whereby prices for products are kept constant, even as the actual product provided is far less. Back then we recalled the experience of one Walmart shopper who shared the following story: "I noted with interest that the Wal-Mart I shop at had cleared the shelves of "Great Value" brand coffee in 39 oz cans for about 2 weeks. Today the new can appeared, with the following differences: 1.) Can is now 33.9 oz, down from 39 oz. Also conspicuously missing is the conversion of 2lb, 7oz therefore no comparison in pounds is easily made. 2.) Price for this smaller can is up from $9.88 to $10.48, by my rustic math an approximate 20% increase! 3.) Contents of can are no longer 'Premium Columbian' Decaffeinated. Now labeled '100% Classic Decaf'." Indeed, for people attuned to change in prices much more than to changes in amounts, this is the best, if most despicable, way to mask what is rapidly becoming an accelerating inflation problem (and with food prices now officially at their highest levels ever merely compounding the problem). Today, with the traditional two month delay, the mainstream media finally draws attention to this increasingly more troubling development.

While at just two minutes, the following ABC segment is better than nothing, and should provide a sufficient alert to the peasantry just how much less their raped and ravaged dollar goes these days, even if on a relative basis it is actually outperforming the European continent's own one-ply infinitely dilutable piece of toilet paper in the past month or so.

d

 

 

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Wed, 01/05/2011 - 17:48 | 850482 lbrecken
lbrecken's picture

Our standard of living is vanishing before our very eyes as we recover & "grow" thx to inflation

Wed, 01/05/2011 - 17:51 | 850510 UGrev
UGrev's picture

MAGICKRY bitchez!!

Wed, 01/05/2011 - 17:52 | 850514 chrisd
chrisd's picture

Check out consumerist.com. People there have been sending in comments for years

 

http://consumerist.com/cgi-bin/mt/mt-search.cgi?IncludeBlogs=1&limit=20&search=%22grocery+shrink+ray%22

 

 

Wed, 01/05/2011 - 18:01 | 850546 Clowns to the l...
Clowns to the left_ jokers to the right's picture

I first noticed shrinking packages or lower volume for the same price a couple of years ago. Some of it was subtle, maybe .5 oz less but other things were more blatant.

I was going to post the same link that Chrisd did, Consumerist has been on this for awhile.

Wed, 01/05/2011 - 18:05 | 850548 Waterfallsparkles
Waterfallsparkles's picture

I now make a lot of soups.  Take the Turkey carcus and make Turkey dumplin soup.  Ham bone make big pot of bean soup.  I used the dried beans and soak them overnight.  I use raw carrots and peal and cut them up $.99 lb, potatoes, on sale $.99 lb. Use bisquick to make my dumplins. 

Amazing just how far a big pot of soup will go.  Sometimes a week.  Do love French Bread and butter with the soup.

I know my Grandmother and my Mother in Law lived very long lives but when you think about it they make their food from scrach and they lived thru the Depression.  They ate a lot of soups as they did not have a lot of Money or Meat.  Yet, that helped with their longevity.

Make a pot of soup, live long and prosper.

Wed, 01/05/2011 - 18:08 | 850580 tmosley
tmosley's picture

Good call.  My mother runs a small bakery, and they make the BEST french bread I have ever tasted.  I regularly get a lot of the stuff that didn't sell.  It's great, but I've gained about 10 pounds since she started doing that.

Thu, 01/06/2011 - 04:02 | 851819 thegr8whorebabylon
thegr8whorebabylon's picture

I made her eggplant parmigiana and. it. rocked.  mmmmm

Wed, 01/05/2011 - 19:22 | 850864 Escapeclaws
Escapeclaws's picture

That's a great idea, but don't publish it on the internet or the sellers will find a way to make that expensive too.

Wed, 01/05/2011 - 21:32 | 851220 fearsomepirate
fearsomepirate's picture

Don't worry.  Give the Ben Ber-Nank enough time, and he'll figure out a way to make it expensive all on his own.

Wed, 01/05/2011 - 18:05 | 850568 Catullus
Catullus's picture

I went to the supermarket in Baltimore on Monday night to find all the eggs, milk, lettuce, peppers, and cucumbers gone. The rest of the produce was bruised or non-standard. There were limited selections of cheeses and cereal. Now I know this is probably the young crowd returning from holiday and Baltimore is not exactly the Mecca of western society, nor is this (un)Safeway the best managed store ever. But it got me thinking about the food supply chain and the cash to inventory problem most stores have. All that processed and canned shit in the middle is fine, but it doesn't have a quick turnover. The stuff on the periphery of the store does and gets shipped in multiple times a week. Point being: if you were to have an acute but no severe price swing, the margins of the store are not enough to keep up. There's only so long they can take of that situation before they have to start increasing for the anticipated rise in cost. Add in a couple of snow storms or hurricanes and they When they re-open, you could have an overnight 25-30% increase in staple food prices.

I know this always is a risk and that nothing is very unique about the situation. But just try to remember how leveraged your day-to-day comfort of living is to non-volatile events or cost inflation.

Wed, 01/05/2011 - 18:10 | 850590 Internet Tough Guy
Internet Tough Guy's picture

Every time it snows here the bread and milk aisle is decimated. Anyone who wants a reliable milk source should get a cow.

Wed, 01/05/2011 - 18:43 | 850726 Panafrican Funk...
Panafrican Funktron Robot's picture

Noticed this as well.  Southerners are hilarious.

Wed, 01/05/2011 - 18:50 | 850752 andybev01
andybev01's picture

I hear Pelosi has a lot of time on her hands now-a-days.

Wed, 01/05/2011 - 18:27 | 850654 Waterfallsparkles
Waterfallsparkles's picture

I live in a reasonably rural area.  Yes, we have a very nice Safeway.  But you can get snowed in for 3 or 4 days at a time.  I know that one time I went to the Safeway before I moved here an the Store shelves were litterally bare.  I asked the Manager if they were going out of Business.  The Manager said no that a storm was comming.  Roads to the store are back roads and shipments may not come thru for a few days.

Now that I live here I do the same I stock up before any anicipated Snow Storm and the Shelves are Bare.  Just imagine what would happen if people thought there was a major supply disruption?

Wed, 01/05/2011 - 19:11 | 850831 Common_Cents22
Common_Cents22's picture

Can't quite look at this in a vacuum.  They base reorder amt and freq on history, weather events are blips.  The supply chain can react fairly quickly to account for longer term trends.

Wed, 01/05/2011 - 20:28 | 851070 dark pools of soros
dark pools of soros's picture

was that in Hamsterdamn?

Wed, 01/05/2011 - 18:06 | 850571 Salinger
Salinger's picture

what inflation

circa 1964  ham at $3.79

http://bit.ly/eBfKqx

Wed, 01/05/2011 - 18:12 | 850592 tmosley
tmosley's picture

If you are serious, look at the other prices.  The ham is clearly an outlier.

Further, that is a 4 pound can of honey glazed ham.  A two pound can of regular "ham" is just shy of $3 today.

Wed, 01/05/2011 - 18:34 | 850684 andybev01
andybev01's picture

And don't forget; we were still on a gold standard in 1964, if that means anything to the equation.

Wed, 01/05/2011 - 18:42 | 850719 sushi
sushi's picture

The kosher ham is still cheaper than the other stuff.

Thu, 01/06/2011 - 01:47 | 851713 Hephasteus
Hephasteus's picture

Ya and roid pig will kill you. Where's the 3.94 pre-roid rage pig won't.

Wed, 01/05/2011 - 19:31 | 850851 razorthin
razorthin's picture

Fuck the ham.  What about my fucking house and my kid's fucking college??  If I remember correctly, and I do, my folks didn't need to take out a loan for any of these.

Besides, ham is poison they WANT you to eat.

Wed, 01/05/2011 - 20:18 | 851035 andybev01
andybev01's picture

http://www.youtube.com/watch?v=c0zJSgHDnpw

I admit to being a swineaholic.

Wed, 01/05/2011 - 20:23 | 851048 Common_Cents22
Common_Cents22's picture

price of college was like the price of homes,   the more easy credit/subsidizing available just jacked up the price of the tuition/home.   Fattening all the educators/administrators.    Prices will fall with the constriction of credit, except possibly with college, govt is now the sole provider of financing and may keep it liberal in order to exact control.  Remember Obummer saying if you work for his organization your college debt may be reduced or eliminated.    Slavery.

Wed, 01/05/2011 - 23:36 | 851492 Cathartes Aura
Cathartes Aura's picture

college loan debts were "reduced or eliminated" under dubya too - it's not a party thang. . .

well, college is, apparently.

Wed, 01/05/2011 - 18:06 | 850574 americanspirit
americanspirit's picture

Hmmm - just noticed, almost 100% of these complaints are about processed 'food'. There is a solution to packaging creep - stop buying packaged foods. It isn't going to be that long before many many people in this country will be very very happy to have a simple plate of rice and beans in front of them anyway, so why not get a jump on things. After all if one day you're happily munching away on packaged processed pork lips from Buffalo, and the next day the shelves are empty and you're left to whine plaintively "where's my lips", it's going to take a little adjustment to settle down to a plate of plain but real food. Just like the "Buy silver, sink JPM" campaign, how about a "Eat real food and stop buying fake shit in a can and sink ADM, Con-Agra, Monsanto et al" effort to bring down these exploitative, disease-inducing, life-shortening so-called 'industries'. Oh, and what's wrong with using corncobs? You do know what I'm talking about, don't you? Sure they don't flush, but they work just fine in an outhouse. Plus they are real soothing if you got 'roids.

Wed, 01/05/2011 - 18:16 | 850610 tmosley
tmosley's picture

All the other stuff is going up too, and are further impacted by seasonal variations.  Processed foods are not, because they are made in great bulk and last for years.

I regularly buy large quantities of flour, sugar, yeast, chocolate, and other baking goods for my mother's bakery, and the price on EVERYTHING has been going up.  Most things have doubled in the last year.  It was a good decision to convince her to build up a stockpile, she's got enough to run her bakery for at least a month, or feed the extended family for six+, which is about as long as you should keep white flour.

I never really understood people's revulsion at canned foods.  It's not much different than what you would can yourself at home.

Wed, 01/05/2011 - 23:38 | 851494 Jerome Lester H...
Jerome Lester Horwitz's picture

My only revulsion to canned foods is that most of the cans are lined with Bisphenol-A (BPA). Very bad for you.

Thu, 01/06/2011 - 00:23 | 851575 tmosley
tmosley's picture

BPA is bad for unborn and very young babies.  It doesn't leech in high enough quantity to harm an adult, or even a shild greater than 4-5 years old (and you are probably perfectly safe after a year or so).

I did some research on this during my work on antimicrobial tooth sealents, as I was somewhat concerned with toxicity due to the BPA content of the tooth coating.  BPA is thought to interfere with the development of babies because it interacts with estrogen receptors, and will tend to make males more effeminent (there is a great deal of evidense for this in animals, in lots of different species, though there could be other environmental factos at play).

So I wouldn't worry about it, so long as you aren't a pregnant lady.

Wed, 01/05/2011 - 18:17 | 850613 minus dog
minus dog's picture

No shit, rice and beans is underrated.  Not hard nor very time consuming to prepare a lot of your own food.

TP on the other hand... I've been without much longer than most on here.  Take away the shitter paper and you'll get riots.

Wed, 01/05/2011 - 18:32 | 850682 Waterfallsparkles
Waterfallsparkles's picture

Rember the Toilet Paper shortage scare?  You could not buy a roll of toilet paper anywhere.

I know my Mother had an attic full of toilet paper she got on sale.  Boy, that would be a great trading item if there was no more.

Wed, 01/05/2011 - 18:39 | 850705 tmosley
tmosley's picture

Bidets are nice when you can find them.

Japanese ones are the best.  I was thinking of getting one for my place.

Wed, 01/05/2011 - 20:45 | 851112 hardcleareye
hardcleareye's picture

++ much better than TP

Wed, 01/05/2011 - 19:17 | 850844 Common_Cents22
Common_Cents22's picture

 

Sheryl Crow singlehandedly solved the TP shortage scare by telling us to use one square.  She must have gotten Michael Moore on board.

 

Just hit Sam's or Costco and pick up the 128 roll package to stock up.

 

Oh, and open up a commercial account at Restaurant Depot and save save save.

Wed, 01/05/2011 - 20:25 | 851056 Dr. Sandi
Dr. Sandi's picture

Sheryl Crow singlehandedly solved the TP shortage scare by telling us to use one square.

Yes, but she was JOKING!!!! The ensuing "shitstorm" from that one goofy comment is something I can relate to on this board.

Wed, 01/05/2011 - 22:57 | 851407 blunderdog
blunderdog's picture

Was she joking?

I thought she was just talking about women taking leaks.

One square seems pretty reasonable for that.

Thu, 01/06/2011 - 02:46 | 851769 Dr. Porkchop
Dr. Porkchop's picture

In college my roomate and I, being men, used maybe a roll per week. Any number of chicks showed up and that roll was decimated like carrion on the African savanna. I don't know what the fuck they do in there, wrap it up to their elbows to wipe a tinkle maybe.

Thu, 01/06/2011 - 03:53 | 851812 blunderdog
blunderdog's picture

The excuses I've heard have been "we need to remove makeup" and "we have to wrap tampons."

I'm dubious.

Thu, 01/06/2011 - 03:57 | 851816 akak
akak's picture

I've always wondered that too!  But never having watched a lady (or girl) take a pee, I have always pictured it as a splashy and messy operation, likely requiring significant remediation via toilet paper.

And just as an aside, I have ALWAYS wondered what people did before toilet paper, or in those third-world societies without access to it.  I mean, really, what do they do?

Thu, 01/06/2011 - 20:48 | 854549 Dr. Sandi
Dr. Sandi's picture

They either bathed, itched or stank.

Wed, 01/05/2011 - 19:42 | 850943 EvlTheCat
EvlTheCat's picture

If you have a oak tree out front with moss, like I do, you have all the "toilet paper" you will ever need.

Thu, 01/06/2011 - 00:07 | 851549 Rusty Shorts
Rusty Shorts's picture

I've got a cornfield out back.

Wed, 01/05/2011 - 18:30 | 850656 buzzsaw99
buzzsaw99's picture

I couldn't agree more. The deli meats especially are a rip off! Moistly water. When I want turkey I buy a turkey, when I want ham I buy a ham. If something seems expensive I hold off buying for a better deal. Use coupons, buy bulk. Dry rice and beans are still dirt cheap and they last forever. Better stock up on dry grains and pasta while it's still cheap people. I don't buy expensive food and I don't buy expensive PMs while guns are cheap. BTW, start a garden. Stupid is as stupid does. [/forest gump]

Thu, 01/06/2011 - 02:48 | 851770 Dr. Porkchop
Dr. Porkchop's picture

I had a meat slicer and used to buy small/medium hams and slice it. It was a lot cheaper, but I just couldn't get that super thin shave like the commercial slicer.

If I needed to stock up on food with limited money for a long period, I'd base it on rice and chickpeas or other beans. They store well and form the basis of a very nutritious diet.

Wed, 01/05/2011 - 19:00 | 850788 Cathartes Aura
Cathartes Aura's picture

hahah americanspirit, love a post that uses both humour AND useful information!

if you want to keep track of food price inflation, stock up a 6months supply of "staples" and rotate them into your daily meals - as you replenish the supply, you'll be able to see the "declines" in size /packaging. . .

buy bulk, get with others and buy in quantity for best prices - bags of organic rice, beans, ect. don't cost that much YET, and are more nutritious than GMO processed foodstuffs. . . I've no idea why people are so willfully uninformed about Monsanto, et al - it's a definite blindspot in amrka.

 

Wed, 01/05/2011 - 19:03 | 850801 Violetta (not verified)
Violetta's picture

it's all food, not just packaged food.  i am having to cut back on the natural/organic items.

Wed, 01/05/2011 - 19:55 | 850973 EvlTheCat
EvlTheCat's picture

Glad you pointed out the processed foods angle.  I am not sure about other parts of the country, but here in So. Florida we have several farmers markets and the produce sold there is cheaper by far, and better quality.  Lower overhead, is allowing these vendors to undercut the chains.  For how long, we will see?  It will be interesting to see how the new Food Safety Enhancement Act plays out.. I also saw another person mention starting a garden.  Great suggestion, and I know many people probably poo poo the idea because of space.  If you have a desire, and limited space look up square foot gardening by Mel Bartholomew.

Wed, 01/05/2011 - 18:21 | 850622 Beam Me Up Scotty
Beam Me Up Scotty's picture

Foods going up because all the fat asses are overconsuming in this country.  I am sure the Bernank is innocent.

Wed, 01/05/2011 - 18:22 | 850633 AZSovreign
AZSovreign's picture

So that explains why I got 18 rounds of .223 when I bought a 20 Round box!!

 

Sad just Sad...

Wed, 01/05/2011 - 18:29 | 850658 Cheesy Bastard
Cheesy Bastard's picture

Yeah, and I looked at mine and they hollowed out all the points...

Wed, 01/05/2011 - 18:30 | 850672 AZSovreign
AZSovreign's picture

Rofl +1

Wed, 01/05/2011 - 18:36 | 850693 andybev01
andybev01's picture

Um...I'd be willing to take those off of your hands for a discount.

Wed, 01/05/2011 - 18:41 | 850722 FrankIvy
FrankIvy's picture

Yes, and not only that, it was only a copper jacket - the inside was lead!

Wed, 01/05/2011 - 18:50 | 850755 Sad Sufi
Sad Sufi's picture

plus 111 gr.

Wed, 01/05/2011 - 18:49 | 850730 FrankIvy
FrankIvy's picture

Not sure if all Sprawlmarts are the same, but in ours, the price-per-unit is very clear on every item's price listing on the rail.  Comparison shopping is only a matter of looking at the cost per ounce, for example.

Thu, 01/06/2011 - 02:50 | 851771 Dr. Porkchop
Dr. Porkchop's picture

I wonder how many people actually look at it.

Wed, 01/05/2011 - 18:49 | 850754 putbuyer
putbuyer's picture

I live near a Freihofers thrift store, where they get rid of expiring bread. I just left and what I saw was just amazing. The place was literally ransacked. Only a few loafs left and a pile of muffins. As of last week, they have gone bagless. No bags, you carry it out in your arms. Paid buck 25 for whole wheat. Buck savings off retail. The point is that people are noticing and hurting big time. Zero bagles. last year you could get Thomas' or Lender's for half price. We are fucked.

http://freihofers.bimbobakeriesusa.com/

Wed, 01/05/2011 - 19:10 | 850824 Cathartes Aura
Cathartes Aura's picture

. . . and all of the "wheat" in those products is now GMO - leading to higher incidence of gluten intolerance / IBS / autoimmune diseases. . .

might want to research your food choices folks - the ingredients are NOT what you think/are used to.

Wed, 01/05/2011 - 18:52 | 850762 sweet_cheese
sweet_cheese's picture

Half gallon of Tropicana is is now 1.78 qts...WTF?! They made the carton taller to make it look, i don't know...grander...more statuesque? Look at the price per (weight). That's what I watch. Sometimes smaller sizes are on sale and are a better deal.

Stock up on consumables...TP is going to be the new gold.

Long TP

Wed, 01/05/2011 - 19:49 | 850960 Waterfallsparkles
Waterfallsparkles's picture

What is funny is that every major storm Toilet paper sells out.  Can you imagine what would happen if there was a supply disruption?

I do remember when there was a toilet paper shortage report, the store shelves were cleaned out.  You could not buy toilet paper to save your soul.  Might be worth it to stock up as it would be very tradeable.  Probably worth more than gold.

Americans are used to their creature comforts.

Wed, 01/05/2011 - 18:52 | 850764 americanspirit
americanspirit's picture

Just don't try to bite that particular .223 bullet - you can't eat ammo you know. Oh, well, actually, you can eat ammo, in a last meal sort of way. But why feed yourself that last meal when there are so many more deserving last mealers out there. Any bank will have more than a few - you'll be able to tell who they are by their suits and their little ferret eyes ( no disrespect to ferrets).

Wed, 01/05/2011 - 18:55 | 850770 Woppopotamus
Woppopotamus's picture

Every mainstream report sounds exactly the same to me ever since Charlie Brooker taught me how to report the news.

http://www.youtube.com/watch?v=YtGSXMuWMR4

Wed, 01/05/2011 - 19:38 | 850926 Rockfish
Rockfish's picture

For a moment watching the video I thought CNBC had in mysteriously sneaked in my computer. But then i realized nah no boobs. 

Wed, 01/05/2011 - 18:55 | 850771 Dr. Gonzo
Dr. Gonzo's picture

Last year Snickers changed their King Size bar and made 2 small bars with 1 large air gap in the middle. The size of packaging stayed the same but content decreased by about 20 to 25%. The price stayed the same. In the past couple months the Hardee's Chicken Fillet has gone from a large plump juicy delicious chicken breast to a thin cardboad zero taste and I suspect processed chicken nugget type thing. Same price. That was my favorite sandwich. Things are getting shitty in this country. Yeah. And I know I could stand to loose 10 pounds so piss off.

Wed, 01/05/2011 - 20:34 | 851088 dark pools of soros
dark pools of soros's picture

they label them Serf Size around here now..  

Wed, 01/05/2011 - 18:55 | 850776 johngaltfla
johngaltfla's picture
Cleaning up the Inflation/Deflation Debate

I've been covering this for about 3 years now and use the Dollar Tree as a reasonable measure due to the price constant. It used to be 4 D or C sized batteries for a dollar, now it is 3. It used to be 16 oz. of cereal, now it's 12. By using a constant price to monitor the fluctuations, your realize how raped the public is yet so few care because hey, their GM stock went up today.

Wed, 01/05/2011 - 19:36 | 850916 penisouraus erecti
penisouraus erecti's picture

+++

Thu, 01/06/2011 - 01:35 | 851703 Widowmaker
Widowmaker's picture

Bullshit, no one cares because you're buying it for them.

1 in 7 own GM?  Maybe in Fantasia.

Wed, 01/05/2011 - 18:58 | 850778 Pants McPants
Pants McPants's picture

(deleted)

Wed, 01/05/2011 - 18:59 | 850783 sweet_cheese
sweet_cheese's picture

Gallon of milk is still $2.35 at Costco.

 

Gotta stock up on TP though. "Can you spare a square?"

 

Go long corn cobs.

Wed, 01/05/2011 - 20:26 | 851058 Dr. Sandi
Dr. Sandi's picture

Or get a big, friendly old dog.

Wed, 01/05/2011 - 18:59 | 850792 Violetta (not verified)
Violetta's picture

yeah, value deflation but also, just plain old inflation.  apples a buck each, asparagus ten bucks for 4 people, organic milk, seven bux a gallon! 

Wed, 01/05/2011 - 19:02 | 850797 sweet_cheese
sweet_cheese's picture

A box of cereal in the regular supermarket is getting skinnier than an anorexic model. Damn thing is snack-sized like those ones you get at the diner, plit open and pour a little milk into.

Wed, 01/05/2011 - 19:04 | 850809 Seasmoke
Seasmoke's picture

i knew i should have paid attention to the metric system in school as now they some brands seem to be playing games with the sizes marking them in litres !!!

Wed, 01/05/2011 - 20:17 | 851034 eaglefalcon
eaglefalcon's picture

they can't fool you much on that one.  1 gallon = 4 liters (appx)

Wed, 01/05/2011 - 19:22 | 850865 Sophist Economicus
Sophist Economicus's picture

Geez, After reading all these posts, I had to double check to make sure I was on ZH and not the food channel blog

Wed, 01/05/2011 - 19:24 | 850878 razorthin
razorthin's picture

And I am really surprised with all the inflation deniers.  I thought for a moment I was on a cnbs or cnn blog.

Wed, 01/05/2011 - 19:25 | 850875 tempo
tempo's picture

Bill Gross recently posted that US politicians and Corp executives are focused solely on increasing US consumption and not on building a sustainable domestic infracture to create domestic jobs.   What he didn't say was that the consumption is based on deficit spending allowing the large Corporate elites to hedge production overseas at low wages creating huge profits which benefit the elites to the harm of the majority of citizens.    Its easy pickings for the rich to past more or more laws calling for deficit spending for foreign production to be paid for with deficits.   The cost of rapidly rising food prices world wide due to QE2 liquidity will hurt billions of the poor.   If the liquidity increases stop, the fraud will be exposed on GDP will drop sharply.   If the increases in liquidity continue and increases, the poor will suffer even more.   So where is the compassionate liberals who want to help the world's poor.  They are selfish, greedy pigs.

Wed, 01/05/2011 - 19:27 | 850888 Bill - Yes That Bill
Bill - Yes That Bill's picture

The problem isn't simply the (argumably) unethical behavior of the businesses involved, the real problem is that the average American is a moron who 1) Doesn't notice; and 2) Just shrugs when he or she does notice.

God help us...

BILL

 

 

Wed, 01/05/2011 - 19:38 | 850920 razorthin
razorthin's picture

gutless plebs. any wonder the asians snicker?

Wed, 01/05/2011 - 19:37 | 850923 razorthin
razorthin's picture

...

Wed, 01/05/2011 - 19:43 | 850944 Pants McPants
Pants McPants's picture

In general I agree with you.  Unsprisingly, the attitude is even worse where I am located (DC).  People here genuinely believe they are the chosen ones whose work and policies are benefitting the masses.  It's sickening.

I try to disassocaite with busybodies, but here it is unavoidable.  For me the challenge has been to find ways to teach them the ways of money......but given the whole red team/blue team paradigm hasn't been mastered yet I have a long way to go. 

I'm not ready to give up on humanity....yet.

Wed, 01/05/2011 - 21:38 | 851241 fearsomepirate
fearsomepirate's picture

No, the real problem is that Goldman's patsy at the Fed is flooding our economy with Benjamins.

Wed, 01/05/2011 - 19:30 | 850898 Dugald
Dugald's picture

Been happening here in Oz for years. The silent war!

Wed, 01/05/2011 - 19:36 | 850905 gwar5
gwar5's picture

Propagandavision is telling people they better start buying stuff or they're screwed

When the MSM goes mainstream with this to the herd, it means TPTB are in position

Gee, what happened to all the deflation?

Wed, 01/05/2011 - 19:35 | 850912 Dugald
Dugald's picture

Oh! And have you noticed the LARGE packets with the

small contents...another racket!

Wed, 01/05/2011 - 20:12 | 850934 Escapeclaws
Escapeclaws's picture

Decided to eliminate this post out of shame having my post precede the following deplorable screed.

Thu, 01/06/2011 - 00:50 | 851633 FrankIvy
FrankIvy's picture

escapeclaws wrote: Decided to eliminate this post out of shame having my post precede the following deplorable screed.

 

You're a self-hating Escapeclaws.  No need for shame.  It's either true or false.  If the screed is false, then laugh it off.  If true, then . . .

Thu, 01/06/2011 - 04:28 | 851828 Escapeclaws
Escapeclaws's picture

No, those are the false Escapeclaws (the self-hating ones) whom I have disowned.

Wed, 01/05/2011 - 19:49 | 850959 Element
Element's picture

Everyone knew this inflation was coming, people just didn't understand the the degree of subterfuge the crooks would pull to hide it for as long as possible. A little essay on where we are;

 

Understanding the Present:

Unless you've digested the information at the following links you really have little chance of consistently understanding present events, or the past, or how we got here, or where it's going.

Nor who the real enemies of us all are, nor which global crime family, and its wholly-owned central bank, that is responsible for our situation, and which needs to be completely eliminated, before any true recovery of the Western 'developed' world can actually take place.

Any recovery that they engineer is totally and utterly disingenuous and just another setup to bind us further and deepen the Western world's grave.

They will definitely label any attempts to finally kick them out of power as, 'racism', or 'demagoguery', or 'anarchism', or 'terrorism', but you decide who really are the monsters of the present day, and who really are 'victims', who is a 'racist', or has demagoguery in mind, or engineered anarchism, and especially 'terrorism'.

The historical evidence and facts are as compelling as they are voluminous;

The Eye-Opener - What they really want to do with humanity:
http://iamthewitness.com/audiobooks/archive.php?dir=the+protocols+of+the+Elders+of+Zion%2F

How they developed this very detailed agenda through time:
http://www.iamthewitness.com/books/Andrew.Carrington.Hitchcock/Synagogue.of.Satan/index.htm

Their private globalized 'Central Bank' network Ponzi scheme crime syndicate:
http://iamthewitness.com/books/Eustace%20Mullins%20The%20Secrets%20of%20the%20Federal%20Reserve.pdf

The global despotic mechanisms of hatred-spreading, pillage, and death-dealing for profit:
http://iamthewitness.com/doc/The.Rothschild.Octopus.htm

How they routinely deliberately incited wars and societal division to profit from both sides of conflicts then to get their foot in the door of Govts to capitalize on the 'peace', to thus take over everything during "the recovery":
http://www.iamthewitness.com/books/Archibald.Maule.Ramsay/The.Nameless.War.pdf

--

Until enough people absorb this background of what has been going on day-to-day content, and the wider meaning of information presented in econoblogs like zerohedge is not possible to place in the wider context of these centuries of careful planning and staging to play the entire world as though it were the London Philharmonic Orchestra.

This looks like it is mainly about the USA, to people in the USA, but it isn't. What is occurring in US is only one of the several scenes of epic global theft and enslavement.

They have now tuned-up the string-section and conductor Rothschild is about to play the requiem for the developed world, as his private network of Central Banks kick us in the balls and his private network of TBTFs stab us in the ribs, and our privatized quasi-democratic Police States hit us in the eyes with pepper spray, as our infiltrated and over-run and cowered Govts enslave and destroy all who don't like the tune Rothschild is playing, via the debts and obligations and famines they are creating, to rout all of us wholesale. The entire developed world, all at once.

Then you will grasp why there are no prosecutions of the actual usurers that have been identified doing this stuff, just expendable and irrelevant low-level Goyim bit-players.

This is their system, their Govt, their laws, and yes, their Country now. It is not yours now, just as it was taken off the previous natives the crime-family decided to infiltrate and take it off you - their very irritating mere tenants.

They are setting up to same ruse in Canada, and the EU, and Australia, and would love to get Russia as well - well, maybe later. They got away with it in these states and others because they look like they are us!

They repeatedly claimed to be us, but they never integrated with us, at all. They were NEVER going to submit to being on the same level as the inferior dumb sub-human slave 'Goyim' which they so detest, and wish to cripple in every way possible to enslave us.

So they stayed aloof, and did everything they could to make sure their children did not integrate, either physically or culturally, and that their identity was never to the state they were borne in. If you have ever lived with these usurers, for years (as I have) you eventually realize this total lack of National allegiance is a key characteristic they reveal in private discussion. If their parents are conservative, and most are, they are systematically taught from the very beginning that they are not Australian, nor American, nor Canadian, or German, or French. They have duel-citizenship, a duel Nationality of their Passport, but they know very well that the place many of them have never even been to, or only for a few weeks or months, is the place they ultimately give 100% allegiance to.

That is simply the reality, and something our Govts and our departments of immigration totally refuse to acknowledge is the actual real-world situation.

That we are 100% open to this group to move in and operate at will, with ZERO allegiance to our country and full access to anything that a genuine National, that exhibits implicit allegiance, can access.

At a bare minimum, is that wise?

And if you read the historical agenda detailed in the links above, that some of the disaffected usurers have freely admitted is the real deal, not faked, not falsified, the answer is unequivocally clear, their 'Duel-National' passports must be revoked, and their feigned 'citizenship' permanently quashed, and they be expelled with 48hrs notice at the full expense of their real State national Soverign identity. And for those where there is sufficent evidence, criminal trials should be opened against them, to send a very clear message that the jigg is up.

We are on to them, we know what they are here for, and why they have only created the thinnest possible veneer of being 'integrated' immigrants, even though most have been here for decades or generations.

They are not of us, and they clearly never had any intent whatever of becoming us, indeed, they have made great sustained expensive efforts to ensure this tendency is eliminated and any going in that direction are firmly discouraged, and bought back to their senses.

We are either going to wake-up to this and wipe these people aside and ban them from our institutions, and Govts, and Businesses, and Banks, and resume their property upon expulsion, or we are going to be their slaves. Murdered on a whim simply to make them richer, and stronger.

This social 'Matrix' is real, and it's uglier than we thought. There's no excuse for not knowing about it, in detail today, and there is no excuse for Govts to not act to extinguish such a fake veneer of true citizens. Else our countries will not survive in their own Sovereign right, if we don't learn and understand what they are and what core part and what associates and families to go after to remove them.

Protesting does zip to change any thing.
Voting is totally useless.
Burning a bank will do nothing whatever but aide them.
Starting a war can not stop their momentum.
Overturning a Govt will not harm their capacity.

Don't get distracted. They want us to vent pointlessly and go down such paths. Rather than go after THEM, personally. Not after buildings, not after banks, not after mere organizations, but after THEM, the actual people. Until THEY are gone the organizations can easily be replaced. They print the money so you cant hurt them financially through organizations.

They rely on us not being as cowardly an ruthless as them, and thus they can always stoop lower and will create any situation, no matter how abhorrent to us, and how convoluted and lengthy, to ensure that they come out on top, in the end.

Only going after their skin and bone (something they are presuming we will not dare to do) will a difference be made. And you can be sure that even then the elite have already prepared for that potentiality as well in order to come out of it best able to exploit that ugly situation as well.

They are not watching 'NCIS' at night, or any other such similar utter crap, which they specifically make to keep us distracted, demoralized and divided. No, they're constantly working on the Symphony of destruction they've begun to play to the sleeping world.

Only going after the criminals themselves, the key people at the Apex, and the key Central banking network (not merely buildings or organizations) and all of the associated tribal traitors in all of our country's institutions and hierarchies, can they significantly set back and their destructive progression relieved or reversed.

It's time to snap out of it, and treat this as a war for survival. If we don't wake up and chose the outcome we actually want and do what is needed to get that, we will get what they have already planned. And we are not going to like that plan one bit.

That's what Lloyd means when he says he's, "doing God's work".

You are in a war, a real one, not that phony "war on terror", of "the Dick" Cheney, designed to actually prevent us from seeing and comprehending the real war - being fought against us.

The US Civil War was (in large part) a war against slavery, but this is the war for slavery and slaver interests and against us, the slaves.

We are going to have to combine as one against these usurer slaver scum, and they really want us to be divided to prevent this. If they can keep us divided they win. They know dividing us is their ticket to winning and maintaining their power.

They have even divided us against a religion, and against whole countries, whilst simultaneously co-opting us for their own narrow and allegedly 'allied' purpose.

We have to ignore these deliberately fostered violent divisions. Because, like it or not, we do all have a common enemy, that is and can only be 'strong', via or divided and thus induced weakness and lack of follow through.

Regardless of religions, or race, or country, or decades of divisive propaganda nonsense, we are going to have to take them on together, simultaneously, as one, because they are currently trying to divide us as deeply as possible to take us all down simultaneously.

Know your enemy. If we act simultaneously against them, simultaneously in a multitude of complementary ways they are toast.

Just be aware that our Govts are them.

Best case - they Govts will do as little as possible, openly, simply to try and escape any public opprobrium or repercussions, but secretly, they will do all they can to protect and assist the usurers to eliminate resistance to their slavery and debt-making. Even as they pretend to protect their own GENUINE citizens. We have seen the response of recent Australian Govts to our own dissenting citizens being treated with legal contempt, and hung out to dry and imprisoned in the aide these usurer false-National scumbags and usurpers.

So I would put nothing past these supplanted Govts, and would not trust them one bit. They have already shown what they are via their actions. No mere words can alter that. Our Govt is not for us, it is acting against us, to their enduring shame, dishonor and disgrace.

Wed, 01/05/2011 - 20:24 | 851051 andybev01
andybev01's picture

Or just add this to your queue: http://www.imdb.com/title/tt0096256/

Thu, 01/06/2011 - 01:54 | 851718 GoinFawr
GoinFawr's picture

So how is the Chinese infiltration going for them?

Thu, 01/06/2011 - 22:12 | 854754 Element
Element's picture

The usurers were the ones who owned and sold the Opium, and then called in the gunboats.

I'm sure the Chinese are awake to them, but a decade or two of trinkets and BS smoke and mirrors should help them forget and lower their guard against that previous treachery.

It’s different this time.

Somehow I don’t think they aren’t going to have so much luck with the Orientals, but that does not mean they won’t engage in a hidden strategic alliance. They have done that before, numerous times with other states. That development must be a strategic and operational presumption simply to guard against its being correct, which let's face it, it probably is.

They ALWAYS play both sides to make a buck. That is implicit.

Remember who provided the initial A-bomb designs to the Russians and enough enrichment tech to have the Russian detonating their own by 1948? Rememeber how the Soviets "reverse engineered" the B-29, to deliver them?

But this time is different, we can trust them now, they are on our side, and those F-35s and AWAC technologies and OTHR sensors, and advanced cruisemissiles and subs and state of the art space recon systems and our communications systems are all going to be in very safe-hands this time.

This is a totally different situation, look at their track record! They would never betray us ... yet again.

Wed, 01/05/2011 - 20:00 | 850984 the grateful un...
the grateful unemployed's picture

Walmart is coupon shoppers heaven, big selection, decent prices. I saved $20 on an $80 order the other day. The clerk gave me the high five. 

Wed, 01/05/2011 - 20:15 | 851030 Woppopotamus
Woppopotamus's picture

Did you wash your hands after?

Wed, 01/05/2011 - 20:30 | 851069 Dr. Sandi
Dr. Sandi's picture

The clerk gave me the high five.

Yeah, I got that in college. Apparently the new strains are resistant to antibiotics.

Thu, 01/06/2011 - 00:29 | 851588 Rusty Shorts
Rusty Shorts's picture

LMFAO

Thu, 01/06/2011 - 01:50 | 851716 Hephasteus
Hephasteus's picture

LOL

Thu, 01/06/2011 - 00:48 | 851624 FrankIvy
FrankIvy's picture

What I find is that there are no coupons for stuff on my shopping list.  So coupons don't work for me.

I see coupons for sh-t I'd never buy, like microwave burritos and spaghetti sauce.  Never see coupons for cans of tomatoes and hot sauce.

Wed, 01/05/2011 - 20:06 | 851001 KenShabby
KenShabby's picture

I remember those "real" days. That was a long long time ago.

Wed, 01/05/2011 - 20:08 | 851013 drwells
drwells's picture

What I find really insulting is that they're clearly hoping you'll just misread "33.9" as "39" and think there's no difference. Sadly, for most idiots in this world they're probably right.

Wed, 01/05/2011 - 20:13 | 851023 Jake3463
Jake3463's picture

Margin Compression Bitchez.  You think I can get mad at the Farmer that his price for fertilizer, running the tractor, and transporting his shit to market got more expensive.  Screw that, I'm mad at the central banker who is trying to inflate his way out of a debt crisis to save his friends from college. 

Wed, 01/05/2011 - 20:12 | 851021 Jake3463
Jake3463's picture

Well when they switch Gas Prices at the pump to Liters you know that some big shit is about to come down the pike.  People are stupid and most people failed the measurement system when they were kids.  

 

Hell ask the average person how many ounces are in Gallon.  

Wed, 01/05/2011 - 20:30 | 851076 Dr. Sandi
Dr. Sandi's picture

Hell ask the average person how many ounces are in Gallon. 

I just poured out a gallon of milk and measured it. 109 ounces, just like in school!

Wed, 01/05/2011 - 20:46 | 851113 Jake3463
Jake3463's picture

Orwell was either a prophet or he wrote an instruction manual.  Can't figure out which. 

Thu, 01/06/2011 - 00:46 | 851617 FrankIvy
FrankIvy's picture

God I love Orwell.

Wed, 01/05/2011 - 20:24 | 851045 Misean
Misean's picture

Yes, but the hedonic adjustments take into account all the extra love that goes into each smaller package.  :)

Wed, 01/05/2011 - 20:43 | 851107 Cinfultreat
Cinfultreat's picture

I just went to the store, guess what the 64oz generic OJ was right next to the Tropicana 59oz OJ, 59oz = 2 for $6, 64oz OJ 2 for $5.  I have pics for proof, don't know how to post them.

Wed, 01/05/2011 - 20:49 | 851125 blunderdog
blunderdog's picture

Living in NYC has warped my perception of life in as a 'Merkin, apparently.

I spent the holiday period traveling, and went a few hundred miles upstate in NY before xmas, followed by a trip down to big sprawling-city TX afterwards.  I was surprised by the reminder of what life in "real America" looks like.

Somehow, a huge percentage of the 'Merkin population (if not the great majority) seems to think that it actually makes sense to sell foodstuffs from incredibly brightly-lit stores the size of football fields.  It makes sense to heat and air-condition dozens of acres of glassed-in walkways and provide small electric go-mobiles for the obese and infirm so that people can pass "SPACE FOR RENT" signs in greater comfort.  I had a brief conversation/argument with a reasonably intelligent in-law about a decade my junior when I mentioned that none of what we were doing that day was sustainable.  I was called pessimistic and told that electric cars, telecommuting, and solar power were going to take care of everything.

All I saw for about two weeks was energy being dumped as if it were waste.  It amazed me that no one really understood what I was staring at.

Wed, 01/05/2011 - 20:57 | 851144 Misean
Misean's picture

Well, we can't all run our cities on perpetual motion machines and entropy dampeners.

Wed, 01/05/2011 - 21:13 | 851177 Jake3463
Jake3463's picture

Living in NYC has warped my perception of life.

You can stop right there.  I rarely meet NYers that have any sense of the rest of the world, even the well traveled one.  Living in Rome tends to make you think that you have a better handle on the world than the rest of us.

 

At the end of the day, your fellow NYers through your lending practices (NYC produces no food, no building materials, and very little manufacturing anymore) live the lives of the ultimate Rent Seekers.  Basically you suck the life out of the rest of us that actually make things society requires.

 

 

Wed, 01/05/2011 - 23:20 | 851455 Jake3463
Jake3463's picture

I'm pretty sure on my half acre of land I pay 5% of the land for and I grow veggies on, I produce more than you idiots in NYC growing crap on 10 buildings on the roof.  God I hate NYers more than anything else.  What I hate even more is the assholes from the city that move 60 miles south and take the bus who demand services and raise our fucking taxes down here than bitch when taxes increase.

Thu, 01/06/2011 - 01:10 | 851670 Temporalist
Temporalist's picture

Ignore my point and hate any and all you want.  You said they don't produce food, I showed they do and any urban areas can and will more over time.  Vertical gardening, hydro, aqua, as food prices increase these will too.

 

Thu, 01/06/2011 - 03:03 | 851783 Dr. Porkchop
Dr. Porkchop's picture

150 years ago, the Parisian market gardens supplied the city with fresh vegetables sustainably on an average of an acre or so per lot. A lot of the area immediately surrounding the city were taken up by such enterprises. There was a huge market for horse shit. This can't be done today, at least not in the same way because there is no real demarcation from city to rural, just endless miles of suburban sprawl.

Wed, 01/05/2011 - 22:43 | 851366 akak
akak's picture

I tend to agree with Jake.

Most Gothamites whom I have met have been incredibly provincial, arrogant, rude, and outright contemptuous of anything or anyone from outside of the city limits of their concrete jungle.  There is a very good reason why that famous "New Yorker" cartoon showing New York as effectively the world (or all the world that matters, more ito the point) was drawn --- and why it has remained so popular if not iconic for many decades:

http://www.ibtimes.com/data/blogs_editor/joblessnless/new-yorker-cartoon...

Wed, 01/05/2011 - 22:43 | 851382 Temporalist
Temporalist's picture

So people in Dallas don't think they are the shit?  Or LA?  Boston?  Paris?  London?  Moscow?  Tokyo?  Madrid?  Berlin? 

 

Wed, 01/05/2011 - 22:49 | 851391 akak
akak's picture

Just speaking of the residents of various cities in the USA, no, not at all --- New Yorkers are unique in the degree of their insularity and contempt for all things not New York.  And I am far from alone in having observed that.

Just one representative example: years ago, complaining to a New Yorker about having to pay so much for fuel for my pickup to commute into and out of Anchorage, Alaska, she asked me "Why don't you just use the subway?"

Sorry for that assessment, Temporarist --- but of course there are always exceptions, and if you are from New York City, I am sure that you are one of them.

:-)

Wed, 01/05/2011 - 23:29 | 851478 blunderdog
blunderdog's picture

I tend to agree with you about the lifelong natives, but we weren't all born here.  I was born in a small city to parents who lived rural.  I grew up in "NE rural" territory and moved here around the age of 30.  I never got used to the notion that if anything ever goes wrong with your life, you just "call the guy."

It may be a mistake to be too critical of NYC'ers, though.  Using a biological metaphor, most of us here scavenge the crumbs dropped by the 0.01% eating 40% of the food.  By and large, we don't have CARS, which is a pretty huge point.

My point, and I'm a bit disappointed if it needs to be spelled out here at ZH, is that our entire country is so dependent on cheap oil that we're already deeply and profoundly FUCKED.  It makes little difference whether it's big cities or the middle of nowhere.  There's only a tiny percentage of the population who'll survive the coming true energy crunch. 

As a country we're over 50% urbanites who can't hammer a nail or dig a grave.  But there's no population in food production, anyway.  Modern agriculture is the conversion of oil into food.  Doesn't take a genius to see the future.

Wed, 01/05/2011 - 23:33 | 851486 Jake3463
Jake3463's picture

Speak for yourself, I'm PA dutch.  I know how to trap, fish, and grow food out of the ground and have a degree in Accounting.  Make candles, no problem take a few tries but my grandma showed me how to do that.

 

I still got relatives with dairy and pig farms and I haven't been an arrogant prick to them.

Wed, 01/05/2011 - 23:49 | 851515 blunderdog
blunderdog's picture

I have been speaking for myself, but since you want a fight, I'll give you some of the attention you're not getting from the wife:

You're just another hater, and your cute little garden won't do you and your family a lick of good when you don't survive the first shootout with a half-dozen motivated NYC cranksters.

Both your arms will be broken from all that patting yourself on the back by the time the skels show up in tu barrio, hombre.

Diplomacy is an important skill in times of trouble--my suggestion is to work on that a bit.  A trace of humility is a good idea, too.

See you on the other side.

Wed, 01/05/2011 - 23:55 | 851526 Jake3463
Jake3463's picture

They'll come down with side arms and be picked off from 300 yards away by hunting rifles in the Poconos before they even get close to where I live.  

 

The people in the mountains up there will be roasting them on a spit before they even get close to the Lehigh Valley, I just have to worry about the city dwellers from Allentown, the NYers will be taken care of long before hand by the crazy mountain people before they even reach the Valley.

 

Thu, 01/06/2011 - 01:38 | 851704 blunderdog
blunderdog's picture

Right-o.  It's true that unlike your buddies, no poor folks from the city were ever military-trained.  They're all just gang-members shooting each other over dime-rocks with cheap wonder-nines.

You're sure to be the last man standing.

Wed, 01/05/2011 - 23:59 | 851535 Jake3463
Jake3463's picture

Oh and my diplomacy is with those guys, the guys in the Mountains surrounding us.  They gave up on what is going on and were prepared for it 10 years before I even had thoughts things could collapse. 

Thu, 01/06/2011 - 04:29 | 851829 Escapeclaws
Escapeclaws's picture

Agree, New Yorkers can be very provincial.

Wed, 01/05/2011 - 23:15 | 851443 Jake3463
Jake3463's picture

Spent 4 years of school going to Temple University and another 2 years living in the fine city of Philadelphia.  

 

One year of NYC and I was saying you people don't live in the real world.

 

I'm from Allentown, dropped the finance gig after getting laid off in the bullshit of 2008.  Making half the money than I did in Philly and a quarter of the money from my Allentown days and loving life a hell of a lot more.

 

Can't be too hard on the NYers though, half the local economy is based on the railroads for our manufacturing base that ships the supplies to the assholes in NYC and northern NJ.  Would prefer to have the Steel still here, but hey, you were early on gutting that and sending it to China when it was in your bank yard.

 

When shit hits the fan though, I will shoot any of you who try to come south, I got an acre to grow and raise what my family needs, and I'll be hell bent if any Giants, Yankees, or Mets fans try to eat my food.

Wed, 01/05/2011 - 23:15 | 851446 Jake3463
Jake3463's picture

Having spent 6 years living amongst the worst sports fans in the world, Philadelphia.  There are nobody more obnoxious than people from NY.

Wed, 01/05/2011 - 20:52 | 851134 snowdude
snowdude's picture

My first encounter with this type of tactic was as a kid back in the 1970s during a bout of inflation.  We used to have 5-cent bags of chips and 10-cent bags.  The prices stayed the same, but the number of chips in each dropped.  They eventually got rid of the 5-cent bags just before we got to the point of having "individually-wrapped chips" :-)

Wed, 01/05/2011 - 21:05 | 851155 cclaeys
cclaeys's picture

Good, smaller sizes fit in my jacket pocket easier, ftw

Wed, 01/05/2011 - 21:10 | 851167 laosuwan
laosuwan's picture

this is not an issue of inlfation. not much new money is being loaned into existence outside of china. what is being described as value deflation is actually to things, right now: first, the price of raw materials to producers is being driven up by futures trading. in the case of coffee beans, most producers cannot hold the line on prices any longer because the bean price has been driven up so far by the futures markets. The only reason they have not risen prices organically sofar is that nobody has the money to pay more for the product. Second, the decrease in size and quality, tricks with packaging, has been going on for well over a hundred years. Its not a new phenomina. Take margarine, for example, its the original attempt to sell less for more. My old food processing professor came out of industry and his main job was to find ways to put more air into ice cream without anybody noticing. non of this was about masking inflation, it was just plain and simple greed and lack of ethics. Hotmoney going into stocks and commodities is not inflation. take away that hot money and prices will plunge. unless of course your local currency becomes even more wothless.

Wed, 01/05/2011 - 21:19 | 851185 Jake3463
Jake3463's picture

In the 1990s, a bubble was created in fictional things.  So the money ran into real things, people's houses in the 2000s as it was considered safer.  When that bubble collapsed, money ran into things people need for survival.  In each case, the firms encouraging this behavior was saved by the US Government.

I don't know if there is a bubble after that.

 

If we want to stop this behavior for a while, no more bailouts.  The crazy people will stop trying to make a money placing bets on the same assets increasing to infinity. 

Wed, 01/05/2011 - 22:40 | 851375 ebworthen
ebworthen's picture

And the hot money and speculation is being driven by FED money printing and bailouts and POMO and QE, etc., paid for by current and future generations.

Perverse, isn't it?

What is the end run?  A need to decrease the population.

Wed, 01/05/2011 - 21:18 | 851187 johnnymustardseed
johnnymustardseed's picture

Shrinkage! It is not just about jumping in a cold swimming pool

Wed, 01/05/2011 - 21:20 | 851189 BearishFeijoadaSushi
BearishFeijoadaSushi's picture

This practice is common in Brazil since about 5 years ago. After so much of it, the government imposed that the companies state clearly on the packages about the decrease.

Wed, 01/05/2011 - 21:26 | 851202 Buck Johnson
Buck Johnson's picture

Everybody, we haven't seen anything yet.  Wait until they won't be able to hide the inflation anymore and just put out small packages and units with high prices and it's horribly obvious.

Wed, 01/05/2011 - 21:36 | 851232 Jake3463
Jake3463's picture

Well BJs and Sams Club will be buys as they will have normal sized packages at a volume discount.  

Wed, 01/05/2011 - 21:49 | 851269 snowdude
snowdude's picture

That could be bad for real estate.  People would no longer have to buy bigger houses with bigger bathrooms to store the smaller-sized pallet-loads of toilet paper.

Wed, 01/05/2011 - 21:51 | 851279 Common_Cents22
Common_Cents22's picture

ummm keep an eye on club store prices, if you pay attention, several items are no more cheaper.

 

the other items can remain cheaper relative to other stores but still be subject to higher prices

Wed, 01/05/2011 - 21:51 | 851274 luk427
luk427's picture

I live in Toronto. Tim Horton's doughnuts has been doing this for years. A small coffee should come in a shot glass.

Thu, 01/06/2011 - 03:06 | 851789 Dr. Porkchop
Dr. Porkchop's picture

Extra large DD baby, and I ain't talkin' about your avatar ;)

Thu, 01/06/2011 - 04:38 | 851833 Escapeclaws
Escapeclaws's picture

"There is a garden on her breast where roses and white lilies grow" to steal from an Elizabethan poet. Note how things change over the centuries.

Wed, 01/05/2011 - 21:58 | 851293 Harbourcity
Harbourcity's picture


When price controls were put into place in pre-hyperinflation markets, businesses start to increase prices in *advance* of the expectation of price inflation.  So their profit margins were always ahead of cost increases.

 

The better way to see this is as a sign that Walmart sees price inflation on the horizon.  

Wed, 01/05/2011 - 22:04 | 851303 Temporalist
Temporalist's picture
Starbucks price hikes coming as raw materials costs spike

http://business2press.com/2010/09/22/starbucks-price-hikes-coming-raw-ma...

This was from Sept `10. 

I don't know when went into effect but the "barrista" just mentioned to me the increase in prices globally.  8% more is what I paid for my drink.  Same happened to Dukin Donuts not long ago.

Margin Compression Bitchez!

Wed, 01/05/2011 - 22:07 | 851309 FaithEqualsZero
FaithEqualsZero's picture

They raised there prices about a month and half ago here on the west coast. The drink I used get went from 4.60 to 4.95. Needless to say I'm done with the bucks now, only independents now.

Thu, 01/06/2011 - 01:21 | 851685 PurePyrite
PurePyrite's picture

I'm a Starbucks Gold card member.  Purchased a French press a few months ago and haven't bought a cup of Starbucks coffee since.  My home brew tastes better and I'm saving money.

Thu, 01/06/2011 - 01:42 | 851708 blunderdog
blunderdog's picture

You're a troll.  :)

Wed, 01/05/2011 - 22:10 | 851314 Quonk
Quonk's picture

Went to pick up a 24 pack of Diet coke...the price was the same but the pack had been reduced to 20 cans.  One sixth of the value lost...an instant 16.7% inflation.  I'm sure the nice people at Coca-cola simply wanted to make it easier for consumers to tote a lighter package. 

Wed, 01/05/2011 - 22:51 | 851399 Common_Cents22
Common_Cents22's picture

thats real diet coke, 16.7% fewer 0 calories.

Wed, 01/05/2011 - 22:25 | 851339 Michael
Michael's picture

It cost $1,400  on average to deliver a baby in 1978. Today it costs between $7,000 and $15,000. What do you mean there is no inflation? Don't get me started on the inflation in the cost of education.

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