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Bacon's Stealth Inflation - Pay The Same (For Less)
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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The Federal Reserve is determined to destroy the US dollar.
It will continue printing and keeping rates low as inflation just explodes. They will continue to deny it.
Wait I'm a confused typical American consumer; what the fuck is a butcher?
Texas has plenty of wild hogs available for the price of a well placed bullet or two -- gotta smoke 'em yourself though...
Smoke 'em yourself?
Where do you get rolling papers big enough?
I live in Illinois,, Chicago to be exact. I would love to do a wild hog hunt. I have a warthog I took in S Africa over the TV. The hogs here are found at Walmart and Dunkin Donuts and not so edible. I know many parts of the country the wild hogs raise hell with the croplands. Hawaii evidently has federal shooters trying to control the wild hogs. NowayJose I am open for an invite. I would go to Ohare to fly to a wild hog hunt. Just doing a bit of ZH trolling. Hey who knows. We all may depending on each other for food and meat soon anyway. Might as well get an early start on the trolling. Until then I am going to start hitting the river here for smallmouth bass. Water finally warming up some here. Good night all.
Dude...coming from someone who has lived there (burbs and city)
Get the fuck away from Chicago first, then that entire, fucked up state if possible (though Springfield on South ain't bad, save for its Illinois).
You can buy a whole hog at Costco in Hawaii. Or kill one yourself, of course.
On the West coast of FL, surrounded by hundreds of acres of pasture and lakes. Pigs come on the property all the time to root and generally make a mess. If you can trap them, you clean them up with good water and corn, then pop them and dress them out. Neighbor took out a couple in his driveway a while back and they made it into the freezer. Even the not so great cuts get frozen for the dog's food.
Still getting applewood and jalapeno bacon for $6.99 at Mazzaro's in St. Pete. The $4.99 for 12oz crap in the supermarkets are horrible shite compared to that. If you haven't tried jalapeno bacon, I highly recommend it.
I live in Illinois,, Chicago to be exact. I would love to do a wild hog hunt. I have a warthog I took in S Africa over the TV. The hogs here are found at Walmart and Dunkin Donuts and not so edible. I know many parts of the country the wild hogs raise hell with the croplands. Hawaii evidently has federal shooters trying to control the wild hogs. NowayJose I am open for an invite. I would go to Ohare to fly to a wild hog hunt. Just doing a bit of ZH trolling. Hey who knows. We all may depending on each other for food and meat soon anyway. Might as well get an early start on the trolling. Until then I am going to start hitting the river here for smallmouth bass. Water finally warming up some here. Good night all.
Like every other industry, they continually merge into massive corporations.
If external issue affect supply, prices go up. When external factors are gone, prices drop but not to where they were before.
Pork might have been 2.00 per pound 2 years ago. Due to virus or other external, its now 4.00. When that resolves, pork will NEVER go back to 2.00. It will hit a "new normal" of $2.50 to 2.75.
Gasoline is the same way.
Keep prices high enough for long enough and the snoozer consumer is happy to pay 25% above the old price rather than 75% above.
Another one wakes up.
We've been destroyed one tank at a time.
ghengis, I can't wait to see the city and state in my rear view mirror. It may happen sooner than planned as my dad and mom over in Michigan are getting to be in bad shape. Dad quit breathing for many minutes on Sunday after a fall and came too as the paramedics were going to juice the paddles to jump start him. He said I am 88 and no paddles needed. He is a tough old coot. They won't move here and we may move there to take care of them. I got transferred to this shithole state with a job in the late 90's which has since gone up in smoke. Such is life but what a day to see this all as a distant nightmare. And someone down arrowed me for talking about hog hunting? Fuck me,,, what a day,,,, lol.
why is he wearing a hard hat?!?!?
Protection from the rare shopper that figures out they are getting fleeced and beats him with a kie?basa
I noticed that here in Canada too. The old 500g package cost something like $2.79 on sale but the new 375g package somehow is going for $2.99 now...
No longer buying it. Good thing. Canadians and Americans eat too much meat anyway...
Noticed a couple of years ago they did the same damn thing with coffee her in the US- from 16oz to 12 oz. Same price of course.
It happens all the time. A few years back, when cocoa got very expensive, chocolate bars started to shrink and/or prices went up. when the cocoa price fell back, the bars got bigger, even as the price stayed the same.
While inflation is certainly a significant part of meat price increases, it should be pointed out the rising price of grains like corn plays a major role in meat price increases, especially pork. And why should grain prices be going up... because the insanity of growing corn to turn into ethanol as a fuel.
Lol cmon only brain dead idiots dont realize the inflation
The bread bags have become half the length and have been cut half the thickness for almost a decade, every few years you get a few inches less bread, and the slices get thinner and thinner, while the price hovers around the same or more than what it started.
(inflation)
This can be said for almost any food product.
Pretty soon a gallon of milk, wont be a gallon anymore.
There is only one food item that doesn't really lose value, Eggs, since they are pretty much so abundant that you cant inflate them away.
I don't agree with the comment on bread. They are still the same size and they tend to cut the pieces too thickly as well. 1 lb. of bread is still 1 lb. of bread regardless of how thick the slices are.
"What weighs more a LB of feathers or a LB of GOLD"??
Ask that question to just about anybody, and you can tell if they're retard or not?
***
But I agree a PINT of beer in the USA is now 12 ounces if your lucky, a real pint is an 20 oz imperial.
A LB of bacon is what? 12 ounces? They sell it in KILO's where I live and they dont' fuck with you, ...if it says a KILO your buying a KILO,
Also the boxes of cereal are now 1/2 empty,
They only do this shit in the USA, where everybody is DUMB,
I'm not in UK, but someone tell me? A pint is still a pint right?
In the USA they use a 'shaker glass' now and while it looks like a point, it only holds 12 oz pour.
Exactly, you would be lucky if the cereal box is even 1/3rd full in the U.S., you would be lucky to get 5 servings out of a box of cereal , not to mention now almost all foods are just SOY FILLER, (dogs wont even eat it).
Humans are better off eating saw dust than SOY FILLER.
And in regards to the bread, I suppose it matters where you get your bread, O/C a bakery thats been there 20 years is still going to make the bread more or less the same, it also matters what kind of bread/brand etc... but generally the price of all grain products is up, and the quantity is going to be skimped out on a bit (they will shave it and dump in as much filler (soy) as possible) to maintain weight and volume.
Needless to say, if you are eating soy based filler bread, you are eating garbage.
james - yes a pint is still a pint here in the UK.
In fact we have very strict laws and regulations about that. We have marks on the glasses that define the pint and the beer has to come up to the mark and the froth is on top of that mark. Froth doesnt count as 'beer' in the UK.
HOWEVER!
In 2011 they introduced a 'schooner' glass size which is 3/4 of a pint. See link here:
http://www.bbc.co.uk/news/uk-12113880
I can tell you now this is all about reducing pack size and hoping drinkers will not notice.
I am always amazed how drinkers accept beer everywhere else in the world that seems rather vaguely measured. Now it seems the Uk is 'relaxing' the strict standards by subterfuge.
That said, the shrinking pack size trick is happening here in the UK in just about every other product. Also look how much 'froth' is on top of your average latte coffee now. Its ridiculous.
Moose, white tail deer, mule deer, elk, feral boar and buffalo with the 30-06 or the 45-70, rabbit, grouse with the 22 and 410, goose, mallard duck, pheasant and turkey.
Several freezers full here and replenished every fall for the cost of a few dozen shells and the gas to drive within an hour of home. I can live without over-priced, under-weight packaged bacon.
I recently noticed that the rolls of toilet paper are not quite as wide, compared to the older rolls in my closet.
Exactly the same thing happened in the latter stages of the Roman empire at the crapatoriums.
Yep, the TP is thinner even as American asses get wider!
let's start trading bacon. A new form of currency Bacoin.
PigCoin(tm) Bitcoin has the fonestar seal of approval, ... well I'm waiting
Virtual pig-belly shares, ... every PigCoin represents a KG of real pork-belly.
A unicorn feast? Probably not, ... but what do fairy's eat? When theyre' not being fed shit and kept in the dark?
"What do fairys eat?"
Other fairies. Front and back, I understand, but you could ask Bambam; I hear he knows from experience.
Ya, the Saudis will be happy to take it. "How do you keep them down on halal once they et bacon puree?"
Bacon Trillionaires .... They exist, but you never hear about them? Why is that?
SERCO-GROUP, makes you wonder how a company thats into everything and everywere is almost un-heard of
Why is that the important stuff is secret, and we only see and smell shit in WASH-DC?
The 1.5 quart ice cream ex-"half gallons" are a hoot - actually a little easier to hold in one hand and eat out of. The Triscuit boxes are some absurd smaller sizes, they were on sale but I couldn't do the math and left them alone.
The last time I remember this amount of food inflation was just before the crash of 2007/2008.
Winston Churchill Pork Fed? Apparently
The grand-son of Winston Churchill is asking the UK/USA government for 200 MILLION POUND's immediately, it appears the MH-370 theft is costing more than promised, ... Apparently OBAMA is holding release of OBAMA-CARE Funds.
- Serco
Sir Winston Churchill's grandson asks Serco shareholders for £170m Rupert Soames said the scandal-hit security business needed the cash for 'space and air cover' from the lendersRupert Soames takes the helm of outsourcing firm Serco on Thursday after 11 years as chief executive of power provider Aggreko. Photograph: Eamonn Mccabe for the Guardian
Rupert Soames was in typically ebullient mood yesterday as he told City analysts: "I'm sitting here with my satchel, my protractor set, and a large pink eraser on my first day at school."
But the lighthearted style of the grandson of Sir Winston Churchill could not hide the seriousness of the task ahead as Soames started his first working day at Serco.
The new boss of the vast outsourcing company – which is still dogged by last year's revelations that it billed the government for electronically tagging prisoners who were dead – had just revealed he is going cap in hand to shareholders for an emergency £170m to keep the company's bankers off his back.
The cash pile is needed to give Soames, whose operations range from running the Docklands Light Railway to immigration services in Australia, "space and air cover" from the group's lenders while he embarks on a nine-month review of almost 1,000 contracts in 30 different countries. Without it the business will be "uncomfortably close" to breaching the borrowing terms stipulated by its lenders.
Soames had applied for a job at Serco in 2002 but was turned away. Instead he went to Aggreko, a company which provides mobile power generation plant. In his 11 years at the helm it soared up the stock market rankings into the FTSE-100, rising in value almost tenfold to £4.5bn.
This time when Serco needed a new boss, the company turned to him. While Soames now has the top job in a business that employs 120,000 workers, it faces a battle for its future and is suffering a rapidly shrinking stock market value – currently £1.6bn as a result of the shares crashing from last summer's 10-year high of 683p to 340p.
Last month the company said its debt had increased by 21% to £700m. This week it admitted this will now reach £800m by the end of this year as a result of shrinking cash flows caused by the loss of the contract for tagging prisoners, a fall in contract volumes from the Australian immigration service and rising costs on other contracts.
Even after the £170m share placing – the most that Serco could raise under stock market convention without a full-blown rights issue – some analysts questioned whether it would be enough.
"We are not convinced that this will be sufficient given the downward spiral the company seems to be in," said analysts at Cantor Fitzgerald.
Soames described the fundraising as pragmatic and necessary "to give us the headroom to get through a strategy review … without being under the cosh of our lenders".
Thursday's early morning call with analysts followed two unscheduled, late night announcements by the company in just 48 hours. On Monday it issued a profits warning and revealed the need to tap shareholders for cash. On Wednesday night it put a size on the fundraising, £170m, and a figure on the scale of profit fall – perhaps as much as £80m – in an announcement that also included the resignation of the finance director, Andrew Jenner.
Soames admitted yesterday that morale at the company was "not as good as it should be" as a result of an overhaul of the business which began in the wake of the tagging scandal and subsequent departure of the group's long-standing chief executive Chris Hyman in October.
The decision to split the UK and European arms, with one section to focus on the "UK government customers" and the other on activities in the wider public sector, has led to a duplication in costs and had an impact on staff. "There is no denying that the events of the past year have been very traumatic for the business," Soames said. "One of my first and more urgent tasks is to help rebuild the management team."
Soames is replacing the temporary boss Ed Casey, who was parachuted in from the US operations following Hyman's departure. Casey, however, is to stay on as chief operating officer and Soames quipped he had "got over the shock of meeting me and had not yet been physically sick".
The strategy review, he said, will look at every aspect of the business. "I'm conscious nine months might seem like a long time but this a large and complex business."
One of the key measures he will look at is the amount of profit being generated from the working capital employed. He will also be focusing on profit margins, because Serco is winning fewer highly profitable contracts.
Asked about his three priorities, he will not answer.
But he likened the events of last year – and the opportunities they might provide – as similar to those faced by Exxon after the Valdez oil spill 25 years ago.
"Exxon had a tanker called Valdez – they had owned about 100 tankers and only one went off the rocks," he said, but Exxon had reacted and now had an outstanding safety record. Serco, he said, had an opportunity to show it "learnt the lessons" of its past, high-profile mistakes.
Born to lead?Rupert Soames can just remember his grandfather, Sir Winston Churchill. His earliest memories are of playing cowboys and Indians with Britain's wartime prime minister – and of not being allowed to attend his state funeral. He was six at the time and furious: "Watching it on TV was a very poor substitute," he once said.
His family has long been part of the political establishment: his father Christopher was the last governor of southern Rhodesia, now Zimbabwe, who served in Margaret Thatcher's cabinet and was also a European commissioner, while his brother Nicholas is a current Tory MP.
Educated at Eton and Oxford, where he graduated with a third, Soames showed an enterprising streak as a student, travelling from Oxford to London twice a week in his final year to run disco nights at Annabel's nightclub in Mayfair – a talent he also put to use when he DJ-ed at the wedding of Charles and Diana.
Soames says he liked being in charge from an early age – hence his preference for being on the turntables at a party, making people dance faster or slower, he says.
After Oxford, he joined GEC, then the largest private sector employer in the UK, where he stayed for 15 years working for the company's empire-building boss, Arnie Weinstock.
Following a stint at software firm Misys (which he left after disagreeing with its founder Kevin Lomax about the firm's strategy), he landed the Aggreko job after its boss, Philip Harrower, was killed in Louisiana in a car crash.
Under Soames's stewardship, the supplier of temporary generators whose customers range from offshore oil platforms to such events as the London Olympics, expanded rapidly and made it into the FTSE 100. The company also supplies the Glastonbury festival, which Soames attends every year.
The 54-year-old is married with three children and lives on a farm in Buckinghamshire.
I see the hedge funds are paying for videos now.
Just don't buy it.
Hold your money. Its your last vote that counts. Meat goes rotten, freezers cost money, keeping the animals on hoof cost money. The speculator/manipulators forgot P X Q. If you want more money prickwads, control your costs, increase your sales honestly. Don't game me. Put your campaign up your ass.
DON'T PAY
pssst -- hey buddy .... you CAN CAN!!!!!
Thailand CIVIL-WAR Begin's ...
Thai court orders PM Yingluck Shinawatra to step down over constitution breachA Thai court found Prime Minister Yingluck Shinawatra guilty on Wednesday of violating the country’s constitution, Reuters said. The court also said she could no longer serve as caretaker premier. Judges said Shinawatra, sister of former PM and billionaire Thaksin Shinawatra, had abused her position by transferring the country's National Security Council chief to another post in 2011 so that a relative could benefit from related job moves.
>>>
The Red's are the POOR, and YINGLUCK is their candidate. The YELLOW is the rich, and they own Bangkok and the courts.
The Red's have lost every candidate they have placed, even though they are a majority, and have WON every election, they have said, if you take Yingluck down, this will be your last COUP.
So now the war begins. The USA/CIA is doing this everywhere, destroying democracy everywhere, and removing the DEMOCRATIC ELected Majority Candidate.
The Tea Party [bowel] movement got hammered in a handful of recent contests.
Silly humans... the ammo box is all that's left.
Just for good measure ....
Here is the data for TOBACCO-PRICE Inflation in Germany from a well known manufacturer :
STEALth Inflation :
140 grams = EUR 14.99 .. 2 years ago = 0.1070714 / g.
125 grams = EUR 14,99 .. 1 year ago
115 grams = EUR 15,99 .. 6 months ago
110 grams = EUR 15,99 = now = 0.145363 / g.
0.145363 / 0.1070714 = 1.357633
Increase of 36% in 2 Years
'been tracking this for years.
Silly Americans... I just buy all my produce fresh from the local market. Meat is weighed whole and then ground/sliced/whatever. Fruit and veg is all fresh and unaltered to ensure it lasts longer for shipping. Prices go up and down and that's just reality. The import brands (mainly from the US) are the one playing around with package sizing, and the end result is that they are losing market share as the domestic ones don't do that silly shit.
Silly Laomei! "Merikaans don't HAVE markets, we have WallMarx! My average countryman wouldn't know a roast from a rump if it wasn't labelled. And when it comes to bacon, its the opiate of the masses. War is coming! The bacon wars! March on boys! We're taking iowa and Nawth Kayulynuh, wheah the pigs outnumbah the people by a hefty ratio! (Oh wait, the Chinese bought all the pig farms...could that have anything to do with all this?)
My due diligence suggests that eating smoked bluefish is cheaper than buying fatty-assed bacon.
You can't bullshit with ammo.
It either comes in 20, 50, or 100 packs or it doesn't.
Empty shelves, long lines on sale days, and hoarding/speculating are still the norm.
The time for war is upon us. Bacon, uhmmm
Actually Bloomberg is behind this. LOL.
I thought that you had heard, already.....
Twenty years ago, we had Johnnny Cash, we had Bob Hope, and we had Steve Jobs...
but now, we have no jobs, we have no cash, and we have no hope.
Everyone must pray fervently for Kevin Bacon!!!!!!
Bacon isn't kosher. War, on the other hand, is.
Bacon is delicious but not critical to survival. In fact it's really unhealthy to eat too much of it.
For now I've stopped buying it entirely. I'll buy pork shoulder or a nice cottage ham before I spend huge bux on small slices of meat that will probably be 33% or more slabs of fat I won't even eat.
At least those EpicMealTime guys will keep the bacon business rolling at any price.
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What's important here, is not yet another revelation of the stealth inflation permeating everything, it is that this will hit the dopes right between the eyes.
The average consumers, don't buy much, but everybody loves bacon. They can fool you on deodorant, and substituting crap in for the once quality products, but bacon comes in 1lb packages.
454/450 grams.
NOT 375 you miserable motherfuckers!
And isn’t it just cute--No collusion here! Every fucking bacon company is doing this. Up in Canada, Maple Leaf just had a big introductory head-fake sale on the 375 gram bacon. Promoted as a sale to get you hooked into the new size.
Fuckers.
TPTB are sitting there, breath sucked in, hoping this'll slide by. It won't.
This is the beginning of the awakening of the muppets and the prols, to the massive inflation that has been running for the last several years.
And it’s just gonna get worser and worser.
•J•
V-V