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Bacon's Stealth Inflation - Pay The Same (For Less)

Tyler Durden's picture




 

There are a few crucial tenets that everyone must live by... "never fight a land war in Asia", "don't mess with Texas", and, of course, "eat more bacon." The first two have occasionally been broken (with dire consequence) but now, as the following clip shows, thanks to the soaring inflation in food prices that we have been documenting, the price you are paying for a package of bacon is flat as the size of the package collapses... less is more is never acceptable when it comes to bacon...

 

 

Beware the social unrest from rising bacon prices (or shrinking bacon rations)

 

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Tue, 05/06/2014 - 22:02 | 4734556 Kaiser Sousa
Kaiser Sousa's picture

suckers............................

u dont need any Gold or Silver...

cause there aint no inflation....

HILARIOUS....

Tue, 05/06/2014 - 22:20 | 4734613 Jam Akin
Jam Akin's picture

Haven't been able to buy a half-gallon of ice cream for years now...

Tue, 05/06/2014 - 22:27 | 4734633 TruthInSunshine
TruthInSunshine's picture

Based on current beef, pork, produce, dairy, and just about every other food category pricing (especially fresh foods), it increasingly looks like inflation is going to easily rage into/near the 15% to 20% YoY style inflation of the late 70s/early 80s soon.

We have fucking retards running monetary policy.

Never go full retard.

Tue, 05/06/2014 - 22:36 | 4734667 SHEEPFUKKER
SHEEPFUKKER's picture

Welcome to the matrix, where you can have 15-20% inflation but only a 2% CPI. 

Tue, 05/06/2014 - 22:47 | 4734684 flacon
flacon's picture

I switched away from New York strip steaks and am now buying the whole serloin tip bottom sirloin (huge chunk of beef) from Costco. Cheaper meat, about half the price of NY strip - a little tougher, but hey... 

 

http://www.fehrfarms.com/images/primal_cuts2.jpg

Tue, 05/06/2014 - 22:51 | 4734714 3.7.77
3.7.77's picture

Mines on the hoof when not in the freezer.

Tue, 05/06/2014 - 22:58 | 4734734 Tabarnaque
Tabarnaque's picture

It is not only food. They are doing the same package shrinking deal with just about everything; soap, laundry detergent, shampoo, baby powder, etc. For us comon mortal, deflation only is a myth. The truth is that we have stagflation = high inflation with a slowing economy.

Tue, 05/06/2014 - 23:03 | 4734750 SumTing Wong
SumTing Wong's picture

Now now now, you rubes are so undeucated as to not understand hedonic adjustments. If you can no longer afford soap, laundry detergent, and shampoo, well you'll make a substitute. Just buy the huge size of soft soap at your local Warehouse store and use it for all three. Better yet, learn to do without. It will save you money. 

So we make an exchange of soap for nothing, detergent for nothing, and shampoo for nothing. Hell, we must have saved you 10 bucks a week right there. Look at that deflation.

Tue, 05/06/2014 - 23:15 | 4734772 Greenskeeper_Carl
Greenskeeper_Carl's picture

dont forget how cheap hdtvs are these days. afterall, who cares if food is more expensive when you can get a huge flat screen...

Tue, 05/06/2014 - 23:24 | 4734800 knukles
knukles's picture

Sorta like health care under Obama.  Pay more for less, eh?

Tue, 05/06/2014 - 23:32 | 4734826 TheRedScourge
TheRedScourge's picture

This bacon price increase is not inflation. It is because of that Epic Meal Time fad, which has boosted the popularity of bacon in the short term, without there having been a corresponding increase in supply.

Tue, 05/06/2014 - 23:39 | 4734841 ghengis86
ghengis86's picture

We used to get together, get drunk playing darts in the garage and then go to the local watering hole and go hoggin'. That was the cheapest bacon per pound we ever had. Also the easiest and most attentative to your every need. So, how is that hedonically adjusted?

Tue, 05/06/2014 - 23:50 | 4734867 fonestar
fonestar's picture

That guy.  In the news.  From fonestar country.

Wed, 05/07/2014 - 00:42 | 4734952 derek_vineyard
derek_vineyard's picture

I find canned chili for 75 cents regularly.  And generic white bread for 99 cents a loaf. 

2 cans per day + 1/2 loaf of bread = hearty eating for $1.995 per day.  america is wonderful.

Wed, 05/07/2014 - 01:17 | 4734997 palmereldritch
palmereldritch's picture

Unless america has the misfortune to get stuck in an elevator with you

Wed, 05/07/2014 - 03:07 | 4735106 smlbizman
smlbizman's picture

oranges....almost a buck a piece...wtf

Wed, 05/07/2014 - 06:54 | 4735252 negative rates
negative rates's picture

They can't go below a 12 oz pound, it just doesn't look right.

Wed, 05/07/2014 - 08:06 | 4735329 HardAssets
HardAssets's picture

knukles: "Sorta like health care under Obama.  Pay more for less, eh?"

Naw, with o care you do get more . . . . eugenics population control.

Just wait till the denials and delays of care really kick in. The old & the weak will be dropping like flies.

Tue, 05/06/2014 - 23:25 | 4734806 TruthInSunshine
TruthInSunshine's picture

Everything will work out well.

Americans are tapping their 401ks at an unprecedented rate (and moving back into their parents' basements; really, read the article) to offset the "lack of inflation" that Yellen, Evans, Plosser and the rest of the criminals at the Fed keep talking about.

Early Tap of 401(k) Replaces Homes as American Piggy Bank
By Richard Rubin and Margaret Collins 2014-05-06T17:59:19

"Premature withdrawals from retirement accounts have become America’s new piggy bank, cracked open in record amounts during lean times by people like Cindy Cromie, who needed the money to rent a U-Haul and start a new life.

Her employer, the University of Pittsburgh Medical Center, had outsourced Cromie’s medical transcription work. Cromie said the move cut her income by as much as 60 percent, at times leaving her with minimum-wage pay.

So, last year, at age 56, she moved about 90 miles from her home in Edinboro, Pennsylvania, into her mother’s basement. To make ends meet as she moved and then quit the job, Cromie pulled out $2,767 from her retirement savings...."

http://www.bloomberg.com/news/2014-05-06/early-tap-of-401-k-replaces-hom...

Tue, 05/06/2014 - 23:50 | 4734864 Handful of Dust
Handful of Dust's picture

Cindy Cromie needs to explore the student loan thingie. That's good for at least $100k.

Wed, 05/07/2014 - 00:27 | 4734883 TruthInSunshine
TruthInSunshine's picture

Speaking of which, "...Thirty percent of federal student loans are in default, forbearance or deferment." (THAT IS 1 IN 3, FOR THOSE KEEPING SCORE AT

FORWARD, DEBT SERFS!!! (getting more serf-ish with each passing day)

http://www.cbsnews.com/news/americans-seek-relief-from-student-loan-debt/

CBS NEWS
May 6, 2014, 7:43 PM

Americans seek relief from student loan debt

"Student loans have become an economic albatross that has many Americans begging for relief...

In the past 10 years, student debt has tripled in the United States, from $364 billion to more than $1.2 trillion. That's more than Americans owe on credit cards or auto lines...

...Thirty percent of federal student loans are in default, forbearance or deferment." (THAT IS 1 IN 3, FOR THOSE KEEPING SCORE AT HOME).

ObamaFone
ObamaCar
ObamaPad
ObamaMortgage
ObamaTuition
ObamaMeals
ObamaDegrees
ObamaLoans
ObamaDebt
ObamaHope
ObamaDefaults
ObamaSpareChange

Wed, 05/07/2014 - 00:52 | 4734953 Wait What
Wait What's picture

don't encourage the popularization of their "plight". i stumbled into a story on HuffPo where some douchebag was making $56k per year as a HS teacher (yeah, 9 months of 'work') and complaining about how he was 'hopeless' because he couldn't live the american dream due to some $36k in student loans, asking for loan forgiveness. fuck him. fuck them all. they don't deserve 'relief,' the deserve a 'suck it up, you POS,' 'you signed up for this, now pay up.'

Wed, 05/07/2014 - 00:54 | 4734965 TruthInSunshine
TruthInSunshine's picture

Dear Leader and his protege will promise to save all the debt serfs from their obligations, just as they forced taxpayers (living & yet to be born) to save Wall Street/Banks from their gross incompetence & criminal acts.

Wed, 05/07/2014 - 00:46 | 4734958 RichardParker
RichardParker's picture

Sad but at least she's getting something out before the inevitable bail-in/world wealth tax TPTB keep threatening people with.

Tue, 05/06/2014 - 23:22 | 4734794 Tabarnaque
Tabarnaque's picture

And for food substitution I guess that I can go hunting for insects in my backyard... There's more deflation following your educated understanding of how the central planners are fucking up the entire system.

Wed, 05/07/2014 - 00:50 | 4734939 Wait What
Wait What's picture

hilarious coincidence. ran outta toilet paper this morning cuz the cleaning lady neglected to refill as usual. had to buy tp at the local market and thought: wtf? i just paid twice for this roll of tp. 1st as part of the cleaning service that's supposed to replace it, 2nd out of pocket. a $4 roll of tp better feel like a hooker tossing my salad or someone is getting fired!

i love the extension of hedonic logic to its extreme, cuz left to their own devices, that's where federal apparatchiks are taking us.

paying nothing and running around all day with skid marks and nasty B.O. is not an option. we might end up better off stealing the fat sucked out of rich folks and selling it back to them. "Project Mayhem"

Wed, 05/07/2014 - 01:34 | 4735021 TruthInSunshine
TruthInSunshine's picture

2 very worst hedonic substitutes per BLS specifications:

1) Clam chowder, and 2) Lobster bisque

Wed, 05/07/2014 - 01:37 | 4735024 seek
seek's picture

Yes, it does go way beyond food. I rotate my long-term stores and thus I have actual real live products purchased 2-5 years ago (even 10 years in some cases) that I can compare to current goods.

Almost universal is shipping less of the good (Dial soap is a crazy example as they shaped the new bars to fit the old packaging and it's all air in the middle, and the soap is less dense), but I've seen ingredient substitution as well in some unexpected places. (there was a great OTC pain reliever called Percogesic that combined acetominophen with an adjuvant, and they changed the formula and replaced it with benedryl, completely ruining the product.) The list goes on and on.

It has a very 70s feel to it. Can't wait for WIN to reappear.

Wed, 05/07/2014 - 05:38 | 4735203 Tabarnaque
Tabarnaque's picture

You are absolutely right. They are not only reducing the size/quantity but they are also degrading the quality of the products. I recently bought some Nivea body moisturizing for my girl friend. When she first used it, she said it was like spreading water on her skin. When you compare the old and the new formula, the new one has clearly been watered down. Even the smell came out like a funy sinthetic plastic. Won't buy any of those anymore.

Wed, 05/07/2014 - 08:02 | 4735321 jimbos world
jimbos world's picture

Even clothes!  A $40 pair of Levi's used to last 10 years.  Now a $60 pair of Levi's last about 15 washings.  

The market for used clothing from the 90's is huge right now.  The stuff lasts longer.

Wed, 05/07/2014 - 08:36 | 4735390 HardAssets
HardAssets's picture

All I can say is I'm glad I bought (and kept) some products from 10 and 20 years ago. I wouldnt put out the money needed to replace them today (too expensive). In many cases, I couldn't find the same item with the same quality if I wanted to buy them today. We have a refrigerator that we bought in the 70s and another one from the 1950s that are still working great. Theyve required minimum maintenance over the decades. The service guy confirmed that 'they don't make em like that anymore' and showed me how the old components were built much better.

Since no longer considered 'stylish' these old appliances were put in the rec room and in a guest house, but their quality far exceeds that of the new stuff. (Of course, wth many new refrigerators, you don't have to go through the 'trauma' of actually opening the freezer compartment and manually getting your ice cubes by hand.)

Wed, 05/07/2014 - 09:44 | 4735605 King_Julian
King_Julian's picture

Excellent observation. The Mrs. just declared she will no longer be purchasing her unmentionables from Victoria Secret. The quality has gone way down. They are ripping far too easily these days even without my encouragement. Thankfully, we will still be receiving the catalogs.

Wed, 05/07/2014 - 10:02 | 4735681 Greenskeeper_Carl
Greenskeeper_Carl's picture

That's funny, my wife said the same exact thing. Target sells pretty much the same stuff, and it's less than half the price, and lasts longer

Wed, 05/07/2014 - 10:07 | 4735714 Greenskeeper_Carl
Greenskeeper_Carl's picture

Gotta love that. WIN was a funny one. All these politicians and fed officials out there with those pins on their lapels, talking about whipping inflation. And people clamp ring for the govt to do something to stop the inflation caused by their policies and actions. Hilarious. But WIN was for the 70s, nowadays it's 'income inequality', that's the new one. Govt and fed policies have made everything to expensive, and they have started doing it a little too fast, so incomes aren't keeping up with the inflation. Back when they talked about WIN, there was a more honest measure of inflation. Now, there is no inflation according to them. Nor will they admit there is, since admitting it would lead to people realizing its a result of all the money printing the past few years. Income inequality allows them to blame others for the problems caused by govts and central banks without ever mentioning the word 'inflation'

Wed, 05/07/2014 - 03:40 | 4735127 cossack55
cossack55's picture

Just noticed Clausens Pickles have just gone from 32oz jar to 24oz jar of halves for same price.

Wed, 05/07/2014 - 09:55 | 4735654 HardAssets
HardAssets's picture

Soap ?  

Hell, we just keep our eyes to the sky. When a rainstorm comes we run outside in our skivies (or buck nekked if the feeling hits) and use the rain water to shower us clean.  I've heard that in some areas they fine you for collecting rainwater, so we hope they don't do the same to our new showering method.

Tue, 05/06/2014 - 22:55 | 4734728 SumTing Wong
SumTing Wong's picture

We're just lucky this was a CBC report and it's the gullible Canucks paying the same for less bacon. I mean really...who buys bacon in grams anyhow? The Fed keeps telling me, "These are not the inflations you are looking for," so all must be fine. They'd never try to pull anything so sneaky over on savvy Americans...

 

Tue, 05/06/2014 - 23:19 | 4734789 BlindMonkey
BlindMonkey's picture

Fuck Canadian bacon. That shit is just nasty and indicative of all that is wrong with our northern neighbors.  Tim Horton is a fucking chain?  That shit is 2 steps up from dog food. 

Wed, 05/07/2014 - 03:09 | 4735109 BlindMonkey
BlindMonkey's picture

Down voted by the Canadians i suspect. They get all nationalistic about their doughnut merchants.

I will throw you all a bone. The coffee is better than that burnt to a crisp Starbucks crap.

Tue, 05/06/2014 - 23:29 | 4734816 scuttlebutt
scuttlebutt's picture

Hey, we've got some damn fine bacon up here. I have a chef friend who recently suffered a heart attack. Don't worry, he's ok. But what was funny. The doctor told him he had to give up smokes, booze, and fatty foods. Happy to report, he's done with boozin and he's quit smoking all those stinky camel cigs. But he said he would die, and willingly, if he had to give up a slice of sweetly cured Canadian maple bacon. As far as inflation, that's a whole other story. It's coming! Grow a garden.

Wed, 05/07/2014 - 00:09 | 4734894 TheMeatTrapper
TheMeatTrapper's picture

Canadian Bacon? Surrender Pronto or we'll level Toronto!

God rest John Candy's soul. 

PS: I had a hell of a time hunting bear up near Ft. McMurray in Alberta many moons ago. Damn nice people, damn nice country. Drank my weight in Kokanee beer. Made from glacier water so they said. 

I was in my 30's and had a Canadian bush guide walk my ass into the mud  - he was in his 60's. Tough SOB. 

Western Canada is a hell of a place. Would move there in a heartbeat if I were a single man. 

Wed, 05/07/2014 - 09:48 | 4735596 HardAssets
HardAssets's picture

@TheMeatTrapper - sounds great !

I'm a big fan of 'North Country', especially Alaska  :)

Your bear hunt guide sounds like my great uncle. He was a lumberjack, farmer and backcountry elk hunter from way back. He used to walk us young guys into the ground when in his early 70s;always walking fast everywhere. He used to hunt with an old K98 Mauser that he got after the war. (Living during the Great Depression they learned to use what did the job, and the K98 did that.) Used it stock with 8mm ammo, iron sights only. (He had great vision.) I remember getting pounded by its steel buttplate when I shot it a few times as a teen. My uncle always filled his freezer with elk or deer each season.

P.S. - my great uncle has been gone for some years now. But, I wish I had his ole' K98 Mauser. It took a lot of big game. If it could talk it woulda had a lot of stories to tell - and just from hunting after the war. I wonder what happened to it.

 

 

 

 

 

Wed, 05/07/2014 - 10:11 | 4735668 HardAssets
HardAssets's picture

<delete>

 

Wed, 05/07/2014 - 07:46 | 4735302 Offthebeach
Offthebeach's picture

I got a contact in the BLM. Can 'dig up' all the beef you want.

( And...um...hey. Say you drive buy some hick QVC channel watching, tea party pick up hicks place and his goods looks good, yous knows his cows and pigs, vhickens whateva...looks tasty, give me a call and I'll contact my milk drinking friend in the Senate and nex thing Farmer Jones gets a SWAT Team , BLM/EPA style. Choppers, APC, vests Boom bang yo knows what I mean? )

Wed, 05/07/2014 - 09:26 | 4735543 HardAssets
HardAssets's picture

Its good I actually prefer stews, casseroles, etc  (After years doing work that required lots of business travel and restaurant meals, I kinda burned out on eating lots of steaks. The exception is wild game harvested with my own rifle or bow.) - - - With crock pot or cast iron you can make some delicous meals. The slow cooking methods make just about any cut of meat tender and tasty  ;)

Tue, 05/06/2014 - 23:06 | 4734754 yogibear
yogibear's picture

"looks like inflation is going to easily rage into/near the 15% to 20% YoY style inflation of the late 70s/early 80s soon."

Higher inflation than that. The federal Reserve wants to inflate out of debt.

Tue, 05/06/2014 - 23:17 | 4734782 Greenskeeper_Carl
Greenskeeper_Carl's picture

you wanna talk about inflation, try buying only organic meat. thats some serious inflation. especially bison

Wed, 05/07/2014 - 08:43 | 4735308 HardAssets
HardAssets's picture

"We have fucking retards running monetary policy."

 

Theyre not retards; they know exactly what theyre doing. They serve their owners, the big banks. If printing money to give to those banks also destroys the American people . . . well, they don't care about that. They don't give a damned about you.  (Except that you might wake up and spoil their rape & pilllage racket.)

The retards are the ignorant people of the world who let this go on. Americans & Europeans are particularly at fault since all the relevant information is out there.

Wed, 05/07/2014 - 10:12 | 4735351 HardAssets
HardAssets's picture

<delete>

 

sorry, too many posts this morning.  The 'markets' are a joke so I'm posting at ZH rather than watching them

Tue, 05/06/2014 - 23:45 | 4734854 harleyjohn45
harleyjohn45's picture

Try Bluebell

Wed, 05/07/2014 - 00:12 | 4734909 TruthInSunshine
TruthInSunshine's picture

Lot of blueballs around; inflation (real, not that which is hedonically revised downward, ala edible iPads) is significantly suppressing birth rates.

Wed, 05/07/2014 - 14:31 | 4736861 allgoodmen
allgoodmen's picture

What suppressed birth rates?? Come over to San Diego, check out the housing near Qualcomm. Nothing but East Indian women pushing baby carriages or walking around with <3yo children. Hundreds of them, this place looks and smells like Delhi, except there are more Hindus here.

At this rate, India is *not* going to overtake China in total population this year as predicted, having exported millions of newborns to USA as citizens courtesy h1b.

Wed, 05/07/2014 - 07:27 | 4735282 Vice
Vice's picture

Bacon Ice Cream

 

That shit is legit. And worth every penny.

 

Still better than an iPad

Wed, 05/07/2014 - 07:37 | 4735291 jimbos world
jimbos world's picture

It's all shit now anyway.  Learn to make your own with cane sugar, organic eggs and cream.  Nothin' like it.

Wed, 05/07/2014 - 07:39 | 4735293 Blano
Blano's picture

Blue Bell - Texas

Wed, 05/07/2014 - 10:31 | 4735851 plane jain
plane jain's picture

AFAIK you can still buy Blue Bell by the half gallon.

Tue, 05/06/2014 - 22:06 | 4734569 Kaiser Sousa
Kaiser Sousa's picture

got real money????

Tue, 05/06/2014 - 22:09 | 4734579 fonzannoon
fonzannoon's picture

real money has been buying less and less bacon, and that is maddening.

Tue, 05/06/2014 - 22:17 | 4734600 Kaiser Sousa
Kaiser Sousa's picture

come again...

 

Tue, 05/06/2014 - 22:26 | 4734607 wee-weed up
wee-weed up's picture

 

 

I bought a pack of Eggo Waffles today and when I cooked them, they were about 50% thinner than the last pack I bought a few months ago. They were so thin, they warped - turning concave in the toaster and cooking very unevenly. Bastards!

When was the last time you bought a "half-gallon" of ice cream?

Of course, there is no inflation according to the Obozo Admin and their desperate mouth-piece whore, Yellen.

Tue, 05/06/2014 - 22:28 | 4734637 nmewn
nmewn's picture

Yes...but the toilet paper is thicker now so a roll runs out even faster!

Eat your heart out Venezuela! ;-)

Tue, 05/06/2014 - 22:31 | 4734650 wee-weed up
wee-weed up's picture

Don't get me started on those tiny rolls of toilet paper!

Tue, 05/06/2014 - 22:35 | 4734664 nmewn
nmewn's picture

In a few years you'll be able to get two rolls on one hedonic roller ;-)

Tue, 05/06/2014 - 23:07 | 4734752 ACP
ACP's picture

I don't know what all you jackasses are talking about. I just have my indentured servants go out and buy shit for me. Don't you middle class fucks have one? By the way, Bernanke is the shit and the Fed is awesome and Yellen kicks ass. I'm CEO BITCH.

-Sincerely Yours,

Mark Zuckerfuck

Tue, 05/06/2014 - 23:15 | 4734765 wee-weed up
wee-weed up's picture

I'm sure Mark Zuckerfuck has his indentured servants wipe his uber-rich pampered ass for him.

Tue, 05/06/2014 - 23:15 | 4734775 ACP
ACP's picture

"Butt" of course......

Wed, 05/07/2014 - 00:03 | 4734898 IridiumRebel
IridiumRebel's picture

Yes but do they give a reach around for the three inch Zuckerfuck Vienna sausage?

Tue, 05/06/2014 - 22:36 | 4734666 Rubbish
Rubbish's picture

Best foods mayo seems thinner, watered down, no way as thick.

 

Fucked with my ice cream size and high fruitose crap, now I have to make my own with heavy cream.

 

 

Wed, 05/07/2014 - 16:20 | 4737209 mkkby
mkkby's picture

If food packages are getting smaller, why are the wal-mart people still getting fatter?

Tue, 05/06/2014 - 22:48 | 4734709 Georgiabelle
Georgiabelle's picture

Have you noticed that they increased the diameter of the cardboard core so that the roll looks like the same size, but actually has fewer feet of paper on it? And that laundry detergent has been repackaged in a smaller box and re-branded as "concentrated" to imply that less is more? And that potato chip bags are inflated to make them appear full, but when you open the bag you discover it's only half full? Anyone who is even semi-conscious as they cruise the aisles of the grocery store can tell you that inflation is rampant. 

Tue, 05/06/2014 - 23:25 | 4734797 ghengis86
ghengis86's picture

I can tell you from formulating experience that the 2X concentrate products really are 2X actives. But, people never, ever, EVARRR use 50% the amount they normally would. Closer to 75% and some just pour that shit like its water. No matter. 2X concentrates are sold at slightly less than 2X the cost of 2 bottles 1X, so it's a great value! Right? Well, you make it up on half the packaging costs, half the labor, half the production, less water to ship, lower freight, more shelf space, and the kicker - the aforementioned housewife still uses it at the use rate she's accustomed to. Costs down, margin up, that's the way we like to

Tue, 05/06/2014 - 22:28 | 4734638 Grande Tetons
Grande Tetons's picture

You had me at concave.

Tue, 05/06/2014 - 23:18 | 4734786 Greenskeeper_Carl
Greenskeeper_Carl's picture

read the list of ingreditiants on those eggos. not a whole lot of actual "food" in there in the first place

 

Tue, 05/06/2014 - 23:24 | 4734805 BlindMonkey
BlindMonkey's picture

I could get the nutritional content increased if I got a bison to shit on one. 

Tue, 05/06/2014 - 23:30 | 4734817 Jam Akin
Jam Akin's picture

+1 comment of the day...chips on toast as it were..

Tue, 05/06/2014 - 23:42 | 4734847 wee-weed up
wee-weed up's picture

No doubt - the flavor would be improved!

Wed, 05/07/2014 - 07:54 | 4735313 jimbos world
jimbos world's picture

When they can't fuck with the ingredients any longer to reduce costs and have to retool the eggo factory to make 'em smaller, well, shit just got real.

Get a waffle iron at your local thrift store.  Never look back.  You can make 10 in an hour and freeze 'em.

Tue, 05/06/2014 - 22:16 | 4734596 Bárðarbunga
Bárðarbunga's picture

No. Mostly gizzards.

Wed, 05/07/2014 - 01:01 | 4734974 SAT 800
SAT 800's picture

Wait'll you see the price of beef products this summer; the cattle for slaughter futures have gone to crazy prices.

Wed, 05/07/2014 - 07:19 | 4735270 stocktivity
stocktivity's picture

It's not just bacon...smaller packages for just about everything...but the price stays the same.

Tue, 05/06/2014 - 22:04 | 4734562 BullyBearish
BullyBearish's picture

Brings a new meaning to "Bringing Home the Bacon"

Tue, 05/06/2014 - 22:05 | 4734563 cynicalskeptic
cynicalskeptic's picture

Thick cut has been going for $6.99 and up for a while now around here (NYC burbs) - a ridiculous increase in the past few years.

 

Hot dogs are over $4 a package - up from less than a dollar 20 years back.

You need financing for a rib roast.

Tue, 05/06/2014 - 22:12 | 4734586 schoolsout
schoolsout's picture

Trader Joe's here in Mt. Pleasant, SC has 12oz thick cut uncured and applewood smoked for $4.99 all day, every day. Not too bad, really, but gets expensive eating bacon every damn day on this newfangled high fat, low carb diet...

Going offshore tomorrow for some tuna, dolphin and, hopefully, a wahoo or three.  Fuel bill will be close to $900 or more.

Tue, 05/06/2014 - 22:26 | 4734631 quasimodo
quasimodo's picture

Cardiac, meet arrest.

Tue, 05/06/2014 - 23:25 | 4734803 Incubus
Incubus's picture

I eat  high fat, moderate protein. Minimal/timed carb.

 

Cardiac issues run in the family.

 

PCP says my health is excellent.

 

Don't buy into the bullshit.  I can do cardio for miles, or hours, too. 

Wed, 05/07/2014 - 07:18 | 4735269 quasimodo
quasimodo's picture

Agreed. Was more my lame attempt at humor. Bread and carbs are also over hyped. I love meat but eat plenty of raw veggies and fruit daily.

Wed, 05/07/2014 - 01:02 | 4734976 SAT 800
SAT 800's picture

Junk science. fat is not the problem.

Wed, 05/07/2014 - 08:00 | 4735317 Its_the_economy...
Its_the_economy_stupid's picture

Not junk science, rather big pharma w a cholesterol reducung product that desperately needs a market.

Tue, 05/06/2014 - 22:09 | 4734576 buzzsaw99
buzzsaw99's picture

i got such a good deal on ham and bacon last week i was almost ashamed of myself.

Tue, 05/06/2014 - 22:25 | 4734622 Stares straight...
Stares straight ahead's picture

Me too.
I suspect they are dumping pork onto the market as they slaughter all animals at porcine epidemic diarrhea (PED http://wwwnc.cdc.gov/eid/article/20/4/13-1685_article.htm) infected growers. The industry uses "all-in, all-out" strategy to control infectious disease.
Get your pork and freeze it now because I am sure the price will be rising exponentially as shortages will inevitably occur.

On another note, with similar theme of eradicating rotten pork, SC voters need to lose Lindsey Graham:
http://m.youtube.com/watch?v=H1g57OohNkI

Tue, 05/06/2014 - 23:23 | 4734799 Harry Dong
Harry Dong's picture

Hmmm, just bought 16 oz bacon for 2.49...wondered why it was so 'cheap'.

Wed, 05/07/2014 - 00:06 | 4734877 wee-weed up
wee-weed up's picture

Have you bought ground beef lately?

Even the "pink-slime" crap is very expensive now!

Wed, 05/07/2014 - 00:54 | 4734966 RichardParker
RichardParker's picture

I switched to stewing a few years ago.  If possible, I just have it ground up at the butcher or cube it up at home.

Wed, 05/07/2014 - 10:07 | 4735709 Raging Debate
Raging Debate's picture

Wee Weed Up - I buy ground beef at Sam's Club it is 3.20 a pound for 90% angus chuck. I also buy stew beef for $4.60 a lb and use my dehydrator to make some very tasty steak nuggets. Chicken breast 1.90 a lb. Plus they have amazing rotisserie chickens, plump and juicy for $5. Getting gas there shaves off about .15 cents a gallon. Since its high volume place you can always find a stocking clerk to ask where items are. The downside is the lines are kind of long to cash out but since I go every other week it isn't a big deal.

Wed, 05/07/2014 - 02:27 | 4734577 HardlyZero
HardlyZero's picture

Shave my Bacon.   A new product line.  1/2, 1/3...and sexy see through 1/4 cut.  Might be a Ronco market for that.  Maybe a manual grinder version for post-electric Barter Town.

Tue, 05/06/2014 - 22:11 | 4734584 Theo P Neustic
Theo P Neustic's picture

Happened a few years back with another staple, ice cream. The containers went from 1/2 gallons to something less  while the price remained seady and then rose.

Tue, 05/06/2014 - 22:13 | 4734592 Grande Tetons
Grande Tetons's picture

Mayor Bloomberg started a trend. 

It is the packaging's fault. 

 

Wed, 05/07/2014 - 00:24 | 4734924 Proofreder
Proofreder's picture

Another nasty stunt - take a pint of good dense ice cream

and then whip a bunch of air into it.

Put that former pint into a 3-quart container

and price it like 2 pints.  Moar Profit.

Tue, 05/06/2014 - 22:14 | 4734593 Yen Cross
Yen Cross's picture

  Screw the big mac index... we need a bacon index.

Tue, 05/06/2014 - 22:18 | 4734603 NoDebt
NoDebt's picture

Well, there is a KEVIN Bacon index.

Tue, 05/06/2014 - 22:52 | 4734720 Georgiabelle
Georgiabelle's picture

Is that similar to the Six Degrees of Kevin Bacon Game?

Tue, 05/06/2014 - 22:15 | 4734595 NoDebt
NoDebt's picture

What did you expect a few months after thousands of pigs committed mass-suicide by drowing themselves in rivers across China?

Pigs are very smart animals.  They know when they're fucked.  Sheep know nothing of these things, obviously.

Tue, 05/06/2014 - 23:00 | 4734743 SumTing Wong
SumTing Wong's picture

We had a pot-bellied pig go running through our hay field on Sunday. I should have trapped the damned thing instead of calling a neighbor to find out if it was his. Stupid stupid stupid...

We buy a whole hog from someone who raises them the right way. Here in the Midwest it is also easy to find butchers who do their trade well and relatively inexpensively.

Tue, 05/06/2014 - 23:18 | 4734785 TruthInSunshine
TruthInSunshine's picture

Pigs are extremely smart animals.

Arnold from Green Acres ran his paper route with precision, and had a wicked accurate pitch.

Tue, 05/06/2014 - 23:26 | 4734811 wee-weed up
wee-weed up's picture

With the high price of pork these days...

I would have shot it and butchered it!

Tue, 05/06/2014 - 22:17 | 4734597 nmewn
nmewn's picture

Kill the pigs!

Yourself ;-)

Tue, 05/06/2014 - 22:22 | 4734617 Spastica Rex
Spastica Rex's picture

I have a cousin who smokes bear bacon and ham.

I really don't like bear, but everybody else in my family says it tastes just like pork.

Tue, 05/06/2014 - 22:31 | 4734652 nmewn
nmewn's picture

Never tried bear but I hear its tough.

Tue, 05/06/2014 - 23:09 | 4734759 ACP
ACP's picture

It has to be, with the Fed fighting it every single day.

Wed, 05/07/2014 - 07:25 | 4735279 Vice
Vice's picture

+10000

Wed, 05/07/2014 - 00:16 | 4734913 Harry Dong
Harry Dong's picture

Nope, it's a bit juicier than pork but same taste. Actually, much juicier.

Wed, 05/07/2014 - 09:52 | 4735638 fallout11
fallout11's picture

Native Americans used to do that. Bear meat was an integral part of their diet, as well as supplying other useful products (furs, skins, bear grease, etc). 

Tue, 05/06/2014 - 22:17 | 4734598 Al Huxley
Al Huxley's picture

This has been going on for years with almost everything - coffee, cornchips, breakfast cereal, etc... still, no inflation, ha ha.   Check the price of gas, and compare it to what it was back in 2008 when oil was skyrocketing.  I pay a lot more now than I did 6 years ago when oil was 110+/barrel.

 

Thanks alot you central banker cocksuckers, for destroying any kind of meaning and validity in our 'economic system'... 

Tue, 05/06/2014 - 22:19 | 4734609 nmewn
nmewn's picture

I remember when it was a pound of bacon per pack.

Tue, 05/06/2014 - 22:22 | 4734616 NoDebt
NoDebt's picture

Which is why I could make a credible case that there has been almost NO real economic growth since roughly the 1970s.

Wed, 05/07/2014 - 09:53 | 4735643 fallout11
fallout11's picture

...when financialization, deficit spending, and outsourcing productive industry all took off like a rocket ship.

Tue, 05/06/2014 - 22:24 | 4734623 Grande Tetons
Grande Tetons's picture

Prediction! The USA will finally go metric. 

Honey, gas is only 1.60 per liter!!!! Wanna buy another Iphone? 

Tue, 05/06/2014 - 23:29 | 4734820 wee-weed up
wee-weed up's picture

Yep! Best way for the gubbermint to fool the sheeple!

Tue, 05/06/2014 - 23:50 | 4734868 IridiumRebel
IridiumRebel's picture

Why is they selling a liter at da gas pump? You shouldn't smoke when you pump or have any open flames, besides, I get my liters for a buck fitty.

Tue, 05/06/2014 - 22:17 | 4734601 Spastica Rex
Spastica Rex's picture

Less bacon is probably better.

I get my bacon in (rather small) blocks from... wait for it...

my local Ukrainian market.

Tue, 05/06/2014 - 23:29 | 4734818 BlindMonkey
BlindMonkey's picture

You should buy Russian bacon from that market.  I hear the Ukrainians are real good at smoking Russian meat.  (Too soon?)

Tue, 05/06/2014 - 22:21 | 4734614 TheMeatTrapper
TheMeatTrapper's picture

Learn to Trap Your Meat. It's organic, free range, meat farming. Let mother nature raise them, feed them and weed out the sick. Take the cream of the crop and leave enough seed for next year. 

I haven't bought red meat in years. Works in the city, suburbs and country. In fact, there are more critters per square mile in the burbs than in a lot of rural areas these days. 

This summer I'm going to film and release an entire new series of videos on this subject. I've had a good response to my little starter video, and I've got over a thousand subscribers and 250K views on my YouTube channel. I think the coming year will be a turning point. 

I've notice, in my little subdivision of 26 homes, that there are now three of us that have square foot gardens. When people living in one of the wealthiest areas of the State are growing food - that tells you something. 

Tue, 05/06/2014 - 23:50 | 4734870 kchrisc
kchrisc's picture

Gardens illegal and permits to trap meat in 3...2...

 

Tue, 05/06/2014 - 23:54 | 4734876 Handful of Dust
Handful of Dust's picture

I notice alot of neighbors missing since that guy across the street has started "trapping his meat"......mmmmmm.

Wed, 05/07/2014 - 03:28 | 4735122 BooMushroom
BooMushroom's picture

Already need a permit to trap in the People's Republic of California. Only skunks and squirrels are considered non-game animals.

Tue, 05/06/2014 - 22:23 | 4734619 TalkToLind
TalkToLind's picture

The cure for food inflation:  Just add a dose of collodial silver to all food products and watch the prices PLUNGE every night in pre-market.  Works like a charm.

Tue, 05/06/2014 - 22:26 | 4734630 NoDebt
NoDebt's picture

OK, I have to admit, that's a funny comment.

Tue, 05/06/2014 - 23:46 | 4734856 IridiumRebel
IridiumRebel's picture

I usually read in bed as my wife sleeps....i have to maintain quiet....that's a comment that made me leave the room.

Tue, 05/06/2014 - 22:28 | 4734640 quasimodo
quasimodo's picture

hehe, that was funny!

Sad and true, but still it was funny

 

Tue, 05/06/2014 - 23:17 | 4734778 Al Huxley
Al Huxley's picture

Good one - maybe they could start adding it to gas and bring the price at the pumps down as well.

Tue, 05/06/2014 - 22:28 | 4734635 km4
km4's picture

Einhorn Finds Dinner Chat With Bernanke ‘Frightening’ http://bloom.bg/Rozyjo via @BloombergNews

“I got to ask him all these questions that had been on my mind for a long time,” Einhorn said in an interview today with Erik Schatzker and Stephanie Ruhle on Bloomberg Television, referring to a March 26 dinner with Bernanke. “It was sort of frightening because the answers were not better than I thought they would be.”

Tue, 05/06/2014 - 22:28 | 4734639 km4
km4's picture

Bernanke responded “you are wrong” to a question about the diminishing returns of having interest rates at zero, according to the hedge-fund manager. The ex-Fed chief’s explanation, Einhorn said, was that raising interest rates to benefit savers wouldn’t be the right move for the economy because it would require borrowers to pay more for capital.

A spokeswoman at the Brookings Institution, where Bernanke is now a fellow in residence, said he was traveling and wasn’t immediately available.

Tue, 05/06/2014 - 22:30 | 4734647 fonzannoon
fonzannoon's picture

i'll bet if you search zh you can find an article on that.

Tue, 05/06/2014 - 22:38 | 4734676 Grande Tetons
Grande Tetons's picture

Better than that Tits and Ass pimp. At least, it is topical. 

Tue, 05/06/2014 - 23:44 | 4734849 IridiumRebel
IridiumRebel's picture

I wonder if they ate bacon? Bacon wrapped filet au poivre? Salmon Napoleon with candied pancetta? Scallopini with bacon? Jr Bacon Chee?

Tue, 05/06/2014 - 23:13 | 4734766 yogibear
yogibear's picture

Bernanke is a criminal. He should be put in jail with the hardened criminals. So should Evans and Dudley.

Tue, 05/06/2014 - 22:30 | 4734646 A Lunatic
A Lunatic's picture

I remember when bacon was so cheap you ate in on everything. In fact if it did not have bacon on it, in it, or beside it you just threw it out.......

Tue, 05/06/2014 - 22:35 | 4734661 Pinefox
Pinefox's picture

How about yogurt, pudding in a cup etc.  Used to be sold in 8 oz. containers.  Now they are 6 oz. at same price.  Many products that were once 16 ounce weight (1 lb.) are now 14 or 14. 5 ounces.  Same thing with canned goods.  Used to be 16 ounces to a can, now 14 oz.  Even rolls of toilet paper are smaller, just not the length of paper on the roll, but the width is narrower!

Tue, 05/06/2014 - 22:36 | 4734668 AdvancingTime
AdvancingTime's picture

After much thought I have come to the conclusion that while inflation appears tame and is not showing up in a big way the seeds have been planted, and the number of them is somewhat shocking. Inflation lurks beneath the surface and is hidden away in the dark corners of our future.

Want to know where the real cost of things is going, just look at the replacement cost from recent storms and natural disasters. The article below delves deeper into some of the ways inflation hides away.

http://brucewilds.blogspot.com/2013/06/inflation-lurks-beneath-and-hidde...

Tue, 05/06/2014 - 23:57 | 4734887 Handful of Dust
Handful of Dust's picture

Thnx dizzzy.....I was wondering what John Williams recent calculations were...so 5-6% inflation...sounds about right presently but with recent gas spikes that figure may rise sharply to 9-10%.

Tue, 05/06/2014 - 22:46 | 4734698 Duc888
Duc888's picture

 

 

Bankers, the other white meat.

 

Banker bacon anyone?

Tue, 05/06/2014 - 23:16 | 4734779 Harry Dong
Harry Dong's picture

Fish, the other pink meat!

Tue, 05/06/2014 - 23:48 | 4734861 ForTheWorld
ForTheWorld's picture

Fish - It'll give you a glowing complexion!

Tue, 05/06/2014 - 22:47 | 4734701 A Lunatic
A Lunatic's picture

One way to get all the bacon you can handle, minus the inflation, would be to go out and put a gnarly road rash down one whole side of your pig. Every time it heals you go out and rip the scab off and cook it up for breakfast. No need to kill the pig that way.......

Tue, 05/06/2014 - 22:54 | 4734727 kchrisc
kchrisc's picture

I like how the DC US criminals will hedonically adjust for "improvements," but not smaller package sizes, etc.

 

"The lies are to cover up the fall. However it's not the fall that kills you, but the sudden stop."

Tue, 05/06/2014 - 22:59 | 4734738 ObamaDepression
Tue, 05/06/2014 - 23:14 | 4734770 TalkToLind
TalkToLind's picture

With a delectable combination of the finest turkey, pork and beef, it's the only canned meat that carries the seal of excellence from Uncle Sam himself.

 

And when you pop the top...

Tue, 05/06/2014 - 23:38 | 4734834 wee-weed up
wee-weed up's picture

And in the UK...

One can enjoy a tin of Spotted Dick!

 

 

 

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