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How Companies Mask Runaway Inflation

Tyler Durden's picture




 

Do you feel like you’re running out of pepper more often these days?

Or maybe you recently realized that no, you are not in fact sweating more, the deodorant sticks you’ve been buying for years have simply gotten smaller lately.

Or worst of all, have you noticed that Slim Jims have gotten shorter? 

If any of the above applies, rest assured it is not your imagination, it is simply a symptom of corporate America attempting to hide runaway inflation — you know, that runaway inflation which the Fed has certainly not created by running the printing presses at full tilt for five years.  

Known as “weight out” in the corporate world and “slack fill” in litigation, it’s a simple strategy that’s been readily apparent in bags of potato chips for years and although it can, in some instances, get companies sued, that’s nonetheless preferable to eating the cost of higher input prices.

WSJ has more:

When spice maker McCormick & Co. started shipping 25% less pepper earlier this year in the same packaging at about the same price, it was engaging in an age-old means of getting frugal consumers to pay more for less.

 

 

Consumer-products makers have used similar tactics as a way of pushing through effective price increases for everything from laundry detergent and tissues to yogurt and candy bars. In the food industry, it’s called “weight-out,” or putting less cereal or potato chips into a package. In toilet paper, the term is “de-sheeting,” when the number of tissues in a box or sheets on a toilet-paper roll are reduced.

 

The regulatory term of art for putting less in a package than meets the eye is “nonfunctional slack fill.” That probably isn’t the term that came to mind for anyone who’s ever opened a bag of chips to find barely a handful inside. But with companies squeezed between thrifty shoppers and—in some cases—rising costs, it’s one that could become more familiar.

 

Earlier this year, McCormick reduced the amount of pepper in its signature red-and-white aluminum tins. What once had eight ounces of pepper now has six. A medium container with four ounces has only three, and a two-ounce tin contains 1.5 ounces. The revised volumes were marked in the “net quantity of contents” label as mandated by federal regulation on the front of the tins.

 

Chief Executive Alan Wilson said in January that pepper costs had risen sharply over the past five years and that the company had little room to raise prices any further..

 

But too much extra room can get a manufacturer into trouble.

 

ConAgra Foods Inc.’s Slim Jim was the target of a purported class-action suit filed in February for violating slack-fill rules. Procter & Gamble Co.’s Old Spice and UnileverPLC’s Axe deodorants faced similar complaints in suits filed in September. 

 

(How much deodorant is actually in that stick? Image courtesy of WSJ and Predator)

 

Companies have wide leeway to add more empty space in packaging. Some states, like California, allow for even more “safe harbors” that manufacturers can use to justify bigger packaging, according to Angel Garganta, an attorney at Venable LLP that specializes in false advertising and consumer-protection law.

One way companies deflect blame (if not criticism) is by simply disclosing the actual new weight of the product on the side of containers.

One common-sense safeguard to deflect accusations of deception is to print the correct amount of product on the outside, legal experts say. “Consumers are mistaken, but the critical thing is that they in fact told the truth, said Thomas J. Maronick, a marketing professor at Towson University and former Federal Trade Commission official.

Of course nobody reads the side of their pepper tins, and unless anyone believes consumers are able to feel the difference between eight ounces of ground pepper and six ounces of ground pepper, these types of "weight out" strategies can be executed with very little in the way of pushback from consumers and even if, as is the case for McCormick, competitors decide to litigate, the gains that accrue from employing "slack fill" could easily outstrip the penalties:

Slack-fill violations can result in penalties. Last year, CVS Health Corp. agreed to pay a $225,000 fine in California for excessive packaging of nearly a dozen products under its own brand like Accelerated Wrinkle Repair Moisturizer and Frizz-Defy Hair Serum.

We'll close with what we said earlier today as it seems particularly appropriate here:

While the Fed may continue to claim inflation is non-existent, except for those "few" Americans who can't afford a house and thus have to rent (incidentally, in New York the average rent just hit a record), inflation is all too present for those other Americans who still enjoy occasionally eating beef as opposed to its sawdust-inspired substitute found in various fast-food venues across the US.

 


 

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Fri, 06/12/2015 - 14:32 | 6190816 Dr. Richard Head
Dr. Richard Head's picture

Dilluting the milk again I see.  They only learned it from the Fed and M3 - wiat, they don't report that any more?  Nevermind...

Fri, 06/12/2015 - 14:39 | 6190853 813kml
813kml's picture

I find rat milk to be just as nutritious.

Fri, 06/12/2015 - 14:42 | 6190876 Dr. Engali
Dr. Engali's picture

I didn't know bankers produced milk.

Fri, 06/12/2015 - 14:52 | 6190912 813kml
813kml's picture

Only after they go tits-up.

Fri, 06/12/2015 - 16:20 | 6191282 Beam Me Up Scotty
Beam Me Up Scotty's picture

Lets talk toasters and coffee pots for a minute, not just food.  The junk you get from Walmart now in our "throw away" society.....lasts for shorter and shorter time periods.  Even if the price stays the same, if the toaster craps out on you in one year instead of two, you just paid twice as much for it.  And if it lasts for one year instead of TEN, then you paid 10X as much!!  But the sheep see the price stayed the same so they have no clue they just got fleeced.

Fri, 06/12/2015 - 16:49 | 6191362 Antifaschistische
Antifaschistische's picture

This revolution started in the late 70's when we American's decided....hey, I can buy two cheepo staplers for the same price of a single infamous grey Swingline 1/2 stapler 1/2 hammer.  But WE did it.  WE fell for it.  I don't blame the Chinese.  WE bought the crap...and we are doing it now more than ever.  American's facade of wealth will one day last about as long as that piece of crap toaster.   The sad thing is you can pay $7,000 for nice new A/C units on a large house, and if you have a vintage A/C guy he will tell you, these units don't last anything like the units they had on the homes in the 60's and early 70's.....it's very sad

Fri, 06/12/2015 - 17:13 | 6191425 Money Counterfeiter
Money Counterfeiter's picture

It started in 1971 with Nixon, . Kissinger, McNamara,(the set up man) and, Freidman

Fri, 06/12/2015 - 17:17 | 6191435 green sheen
green sheen's picture

Yeah so? Yeah so? Yeah so?
https://youtu.be/8l_YrPvP7YA

Fri, 06/12/2015 - 17:33 | 6191485 knukles
knukles's picture

Anthropogenic Heuristic Value Modifications

(and you poor fuckers thought it couldn't get any worse)

Fri, 06/12/2015 - 17:46 | 6191539 THE 4th Quadrant
THE 4th Quadrant's picture

I wish I could make my package smaller. All the bitchez always complain ' Oh, that hurts!'. It's HURTS! Bitchez!

Fri, 06/12/2015 - 17:55 | 6191576 ufos8mycow
ufos8mycow's picture

My cow only had one nipple on it's udder and it kept getting bigger when I tried to milk her.

Fri, 06/12/2015 - 18:08 | 6191626 TeamDepends
TeamDepends's picture

Our deoderant last time weighed 3.25 oz. This time, it weighed 3.0 oz. Did they lower the price? Does the Pope shit in the woods?

Fri, 06/12/2015 - 18:23 | 6191666 r00t61
r00t61's picture

I remember when user orly used to brag about buying frozen chicken breast for $1 / pound.

Fri, 06/12/2015 - 18:48 | 6191741 I am more equal...
I am more equal than others's picture

 

 

I find rat milk to be just as nutritious.

How do find their tits?  And once found, is it difficult to milk?

 

Fri, 06/12/2015 - 18:54 | 6191753 FredFlintstone
FredFlintstone's picture

It is much easier than milking an almond.

Sat, 06/13/2015 - 11:39 | 6193253 RafterManFMJ
RafterManFMJ's picture

Pam Byrnes: I had no idea you could milk a cat!

Greg Focker: Oh, you can milk just about anything with nipples.

Jack Byrnes: I have nipples, Greg, could you milk me?

Sat, 06/13/2015 - 12:57 | 6193463 Manthong
Manthong's picture

My brand of bathroom tissue offers more sheets per roll than they did a year or so ago at the same price.

Oh wait.. the old rolls used to rub up against the edges of the holder and now there is a half inch of open space on each side of the spring spindle.

Well, at least there are more sheets.

Fri, 06/12/2015 - 19:17 | 6191802 Miffed Microbio...
Miffed Microbiologist's picture

Technically 99 cents but it was funny to read akak and Orly exchanges over the matter. I always wondered if Orly starved to death.

Miffed;-)

Sat, 06/13/2015 - 03:16 | 6192650 kareninca
kareninca's picture

Wow, Orly's food bargains.  I remember those.  Irradiated spices from Mexico from the Dollar Store; what a deal.  She was really mad when I suggested that they might not be healthful.  She claimed that that $1/lb. chicken was "natural."

Fri, 06/12/2015 - 22:47 | 6192330 TheReplacement
TheReplacement's picture

Actually, he does.

Edit:  I hearby acknowledge that it is kind of messed up that I knew that and even more messed up that I posted it.

Sat, 06/13/2015 - 00:00 | 6192462 MontgomeryScott
MontgomeryScott's picture

@TeamDepends:

"Our deoderant last time weighed 3.25 oz. This time, it weighed 3.0 oz. Did they lower the price? Does the Pope shit in the woods?"

 

IS A BEAR CATHOLIC?

 

Aluminum Clorohydrate is running low on supply. They are using it to fill the skies with their 'Over-The Horizon' RADAR shit. The air smells SO GOOD... if you leave your nose tucked under your armpits...

The price of RITZ CRACKERS, though is noticable. I'm scraping to buy some processed pasteurized cheeze-food aersolized product and some 'hot dog' slices to keep the guests entertained before I whip out some barbequed GMO-fed S.A. 30% 'fat and whatever' hambugers (with seedless tomato stock Monsanto Kerry-Heinz ketchup from Viet Nam).

Popes and Bears all share ONE COMMON TRAIT: They come to your house HUNGRY.

Fri, 06/12/2015 - 22:41 | 6192320 tarabel
tarabel's picture

 

 

Plus you need to acquire a taste for her milk.

Sat, 06/13/2015 - 00:13 | 6192476 MontgomeryScott
MontgomeryScott's picture

Mr. Yellen might have big titties, but there's no milk there. Instead, all there is is the taste of ashes and FRNs. Sucking a cotton quilt, and a strip of RFID metal, I find the taste to be, well, 'metallic', and unpalatable.

RATS.

https://www.youtube.com/watch?v=51ybp_YFo7I

Keep working the room, Tarabel.

 

Fri, 06/12/2015 - 22:42 | 6192321 TheReplacement
TheReplacement's picture

Anthropogenic Heuristic Value Modifications

I'm not afraid of anything I cannot say three times, fast.

I slit a sheet, a sheet I slit, upon a slitted sheet I sit.

I slit a sheet, a sheet I slit, upon a slitted sheet I sit.

I slit a sheet, a sleet I slit, upon a sitted sleet I shit.

Dammit!!!

Sat, 06/13/2015 - 00:33 | 6192503 MontgomeryScott
MontgomeryScott's picture

Hold the tip of your tongue with your forefinger and thumb, while looking down your shirt and trying to enunciate the letters in the word 'ATTIC'.

My new 2016 Humbari Motors X3-Z5 is worth MORE, because it comes equipped with TWO more cup-holders for the back passengers, and an I-pod jack!

HEURESTICS? NO! 'HEDONISTIC ANALYSES'!

(A slight tweaking of the overall GDP numbers might soon apply. Don't be concerned. You will soon feel a total euphoria, and general sense of well-being. This is NATURAL, and don't be afraid to invest in the 'rising numbers' that we publish for general consumtion. This message brought to you by your 'Central Bankers' in YOUR quadrant of the world, because 'IGNORANCE IS STRENGTH'!)

Can you send a tow truck to my geo-location? My new Humbari Motors X-3 Z-5 seems to have stalled in traffic. Oh, shit, my battery in the I-pod seems to be going dea...

https://www.youtube.com/watch?v=Kw_Lf-JhdSU

 

Fri, 06/12/2015 - 22:48 | 6192334 neidermeyer
neidermeyer's picture

Antifaschisteische , I can explain the HVAC ... it's the EPA ... they mandated higher efficiency which means thinner metals for quicker heat and cooling transfer... and they banned R-22 in favor of the new 410a refrigerant.. the new refrigerant runs at DOUBLE the pressure as the old stuff... of course the new systems fail quicker.. 

Fri, 06/12/2015 - 23:10 | 6192387 Ginsengbull
Ginsengbull's picture

Planned obsolesence.

Sat, 06/13/2015 - 00:49 | 6192527 MontgomeryScott
MontgomeryScott's picture

I'm 'grandfathered' in; as of 1993.

I can buy any 'refrigerant' I want to.

The Kyoto Protocols were lost on MOST of the world.

Try buying R-12 for your car, for example.

OH, the POOR OZONE layer!

(Thanks, ALGORE.)

https://www.youtube.com/watch?v=K6RUg-NkjY4

They USED to call it the 'Mobile Air Conditioning Society', back when I passed the test.

 

 

 

Sat, 06/13/2015 - 03:41 | 6192661 El Crusty
El Crusty's picture

I just got my refrigerant license this year, i can legally buy any type of freon i want to run in a car including that evil R-12 stuff that works better than anytihng else on the market today. but holy hell that stuff is expensive- $60-$80 a POUND if you can find it.  Now there is some new stuff out there called 1234yf that is replacing R-134a in new cars as it is more enviromentally freindly. that stuff is even more expensive than R-12- $130 a POUND. also guess what? none of the 134A service equipment can be used on the 1234yf cars- you have to drop about $8000-$10,000 on the equipment. oh and its not done yet- they are already planning on switching over to R744- aka CO2 which again requires special equipemnt to service that is not backwards compatible with anything.

seems like every plan to do stuff thats better for the enviroment revolves around pulling as much money as possible out of people's wallets. call me crazy but if you wanted to get everybody on board with doing things that are better for the enviroment shouldnt they be less expensive than what they are already doing instead of getting way more expensive as they go along?

Sat, 06/13/2015 - 04:43 | 6192698 cnmcdee
cnmcdee's picture

Have you thought of just rolling the window down?

Sat, 06/13/2015 - 07:24 | 6192766 onthesquare
onthesquare's picture

bought a Millar Welder a  few years ago.  180 amp.  would weld up to 1/4 inch stainless.  OK

It started getting weaker.  Asked Millar what the problem was.  The transformer was wound using playwood and the plywood broke down over time.  The result was exponential decay.  

How much for a transformer wound using phenolic core?  They could not sell them so their business strategy to sell more, more often.  All welders are made in China to Amercian specs and all the welding companies owned by the same masters.

HaHa

Sat, 06/13/2015 - 12:40 | 6193428 Aloysius Snuffl...
Aloysius Snuffleupagus's picture

On the other hand the new A/C unit uses 1/3 the power to run as the vintage 60's unit, so there's that.

Guess that means it's an improved and therefore more valuable product?

Fri, 06/12/2015 - 17:43 | 6191533 Low Tech Future
Low Tech Future's picture

As far as Walmart goes, not always true--- I had a home recreational pastime where I would always need a couple of coffee grinders on hand.  I needed them to work, when I needed them to work.  I burned through half a dozen before discovering that the cheapest ones last forever... so yeah, everything is upside down at Walmart

Fri, 06/12/2015 - 19:17 | 6191801 fascismlover
fascismlover's picture

You have a coffee fetish...that does not include most people who do not have the same fetish. If you are trying to eat or trying to poop or anything in between, you are currently screwed by inflation.  The entire world of toilet paper manufacturers agreed on a bigger roll size and one company even figured out you don't even need a cardboard roll... but just much less tp and sheep will be amazed at the savings and the smaller footprint on the ecosystem.  Sheep are gonna sheep until they can't.  That is what the elite fear most but the system was built for that (by them) and it is coming, pretty soon. 

Sat, 06/13/2015 - 01:29 | 6192577 SubjectivObject
SubjectivObject's picture

In Malaysia they have a brand of double layer TP that holds together and scrapes well.  The brand name is "Compact".  I don't know why that's the name, but maybe it implies "compacted" or a-lot-in-a-small-space, because the roll is d-e-n-s-e.  Just picking up a 4-pak is a tip-off; it's heavy.  Planning to use it as luggage empty space filler on the trip back.  Such a contrast to what's found in the oh-so-smart USless.

Fri, 06/12/2015 - 17:54 | 6191573 Big Brother
Big Brother's picture

Here you are:  the mother of all toasters.  Should last you the next 40 years:

(as recommended by Popular Mechanics, June, 2015)

http://www.ebay.com/itm/Vintage-Toastmaster-Automatic-Pop-Up-2-Slice-Toaster-1B14-Chrome-Bakelite-/121671130558?pt=LH_DefaultDomain_0&hash=item1c542a1dbe

Fri, 06/12/2015 - 23:06 | 6192381 daveO
daveO's picture

I have a '69 Procter Silex that's still going strong. In 1969, people had common sense to shop for quality. OTOH, they did not have credit cards that allowed them to buy useless garbage. We have clearly reached peak garbage. 

Fri, 06/12/2015 - 18:43 | 6191725 MrBoompi
MrBoompi's picture

And the shit was made overseas using $.25/hour labor.  There's another thing that's inflating, the profits of these fuckers who sent our manufacturing jobs away and substituted cheap crap at the same price.

Fri, 06/12/2015 - 14:53 | 6190922 atomp
atomp's picture

Oh, you can milk just about anything with nipples.

Fri, 06/12/2015 - 14:57 | 6190942 saints51
saints51's picture

I tired to milk myself. It is not working.

Fri, 06/12/2015 - 15:03 | 6190966 Bunghole
Bunghole's picture

My cat hates it when I try to milk her.

Fri, 06/12/2015 - 15:13 | 6191000 ParkAveFlasher
ParkAveFlasher's picture

Make sure it's a "she"!

Fri, 06/12/2015 - 15:21 | 6191039 Calmyourself
Calmyourself's picture

Hey saints, rest up and try again..

Fri, 06/12/2015 - 17:36 | 6191502 knukles
knukles's picture

Oh my.  Like my MGySgt always said: "Nothing gets better after midnight"

Sat, 06/13/2015 - 01:09 | 6192540 MontgomeryScott
MontgomeryScott's picture

At the light's early dawn, the 'triple-bag' maneouver will become more important that your Gunnery Sargent's advice (that is; if you didn't take it).

I hope that the 'Wolf' protocol will not be needed in your case, knukles.

There might be a 'mark' put on your 'permanent record', and shit like that...

Personally, I find that scoring between the hours of 00:15 and 00:30 seems to be the most advantageous.

 

Fri, 06/12/2015 - 17:55 | 6191577 saints51
saints51's picture

LOL, Will do buddy.

Fri, 06/12/2015 - 15:35 | 6191098 B2u
B2u's picture

I tried to milk my GF's tit's....all I got was silicon...

Fri, 06/12/2015 - 17:41 | 6191521 Obamamerica
Obamamerica's picture

Wait a minute...are you that mystery guy Caitlyn is all excited about??

Fri, 06/12/2015 - 15:40 | 6191122 Cynicles
Cynicles's picture

Speaking of milking things.

Just push the federal min wage to $15 / hr and that will solve the nations problems.

Fri, 06/12/2015 - 16:56 | 6191379 mt paul
mt paul's picture

Bruce Gender..?

Fri, 06/12/2015 - 17:28 | 6191468 knukles
knukles's picture

Well that seals it!

Sat, 06/13/2015 - 01:13 | 6192550 MontgomeryScott
MontgomeryScott's picture

KAITLYN!

Damn it, I'm KAITLYN!

(Brushes blonde wig back dramatically, and checks lipstick)

 

Fri, 06/12/2015 - 15:13 | 6191003 Buckaroo Banzai
Buckaroo Banzai's picture

Anything with breasts can produce milk!

Fri, 06/12/2015 - 15:22 | 6191045 Undutchable73
Undutchable73's picture

not so sure..

https://youtu.be/dCups7lRl3k

 

Fri, 06/12/2015 - 17:24 | 6191457 Secret Weapon
Secret Weapon's picture

Coconuts have breasts?

Sat, 06/13/2015 - 06:25 | 6192735 Grumbleduke
Grumbleduke's picture

they ARE (hairy) breasts.

Fri, 06/12/2015 - 14:57 | 6190937 Groundhog Day
Groundhog Day's picture

I treated my son to a rare bag of lays barbecue potato chips at $1.49 there were only 15 chips in there

Fri, 06/12/2015 - 15:41 | 6191127 Cynicles
Cynicles's picture

Wanted to get Lays & ended up getting screwed

Fri, 06/12/2015 - 14:39 | 6190857 Divine Wind
Divine Wind's picture

 

 

 

Package of M&Ms are now smaller by abut 25%.

Fri, 06/12/2015 - 14:57 | 6190940 monkeyshine
monkeyshine's picture

It has long been against federal regulation to use packaging that from the outside gives a misleading impression of what's inside. Or at least that's what women keep telling me.

Fri, 06/12/2015 - 17:28 | 6191470 Beam Me Up Scotty
Beam Me Up Scotty's picture

Take the potato out of your pants then!

Fri, 06/12/2015 - 23:12 | 6192388 daveO
daveO's picture

Dove soap used to sell diff. sized bars in the same boxes sold at diff. stores. The dollar stores' boxes would have smaller bars in them. That's when(about 15 yrs ago) I quit buying Dove soap.

Fri, 06/12/2015 - 15:28 | 6191074 msmith9962
msmith9962's picture

Last bag I had they were called V&Vs, cutting back on printing costs.

Fri, 06/12/2015 - 17:20 | 6191442 NoDecaf
NoDecaf's picture

I bought a bag of Combos in the gas station the other day. At some point they're going to get down to one in a bag, and then it'll just be "Combo"

Fri, 06/12/2015 - 15:42 | 6191126 ebworthen
ebworthen's picture

They're really creative with the ice cream packaging.

I buy peppercorns in bulk in a see through plastic container.

I'm waiting for the "Lower Cholesterol Doctor's Dozen" of eggs, 10 eggs in a trianglular package.

Fri, 06/12/2015 - 16:15 | 6191268 NoVa
NoVa's picture

Coffee is notorious for shrinking product, filling with air and then coloring the package to hide the revised lower product weight.

 

Fri, 06/12/2015 - 19:00 | 6191772 Sofa King
Sofa King's picture

Actually, with coffee they mix lower grade shit coffee and grinded bugs in as filler.

This bullshit is happening everywhere. For a while I couldn't tighten a screw from Home Depot without breaking the head off. That was until they cheapened the fuck out of the screwdrivers so they would break before the screws do.

Fri, 06/12/2015 - 22:39 | 6192312 tarabel
tarabel's picture

 

 

China-- the land of stuff that looks exactly like the real stuff, but isn't.

Yet I see more and more of their simulated products disappearing off the shelves every day, so all is not yet lost here in the USA. We aren't even their #1 trading partner anymore, Europe is.

Sat, 06/13/2015 - 18:56 | 6194203 laomei
laomei's picture

Seriously, don't blame china for this shit.  I live in China and yes, there's a whole lot of lowend crap, but if you are willing to pay you can get really nice stuff.  the problem is not the factory that makes it.  The problem is the customer who orders it.  in short, you get what you pay for.  the importers in the us decided they wanted to pay shit, so shit is what they got in return.  if they were willing to give up an extra few cents of profit per unit, you would be seeing high-end quality and never bitch about chinese products again.

Fri, 06/12/2015 - 19:28 | 6191833 Miffed Microbio...
Miffed Microbiologist's picture

For a colon cleansing moment, go to a bulk bin and look what an average quality coffee is going for per lb. Stellar runs $16 to 20 now. Mr must subsidize in more way than one if he really wants a treat.

I never by coffee in a can. Too easy to grind in a few unmentionables as filler. After counting ketchup fly parts in college to calculate their concentration did not exceed federal standards, I'm a bit cynical.

Miffed;-)

Fri, 06/12/2015 - 23:26 | 6192416 Realname
Sat, 06/13/2015 - 00:33 | 6192506 Charming Anarchist
Charming Anarchist's picture

Oh for fuck's sake!  Next, somebody is going to tell us to grow it ourselves. 

 

I love coffee but frankly, after 4 cups, they all taste the same. 

Sat, 06/13/2015 - 11:08 | 6193158 Refuse-Resist
Refuse-Resist's picture

The cardboard rolls inside toilet paper are larger diameter.

Coffee cans have less and less coffee for years now.

 

Stackers notice because when you set the newly acquired product next to the one you bought last month, you notice the net weight has changed etc.

This has been going on for my entire life. I have what the old timers referrred to as '3 lb coffee cans' from the 70's (thanks for the bolt/nut collection grandpa) and they contained 48oz of coffee.

Try to find a 3 lb coffee can with 3 lbs of coffe in it?

 

48?  How about 27.9. Before than 31.5. Before that 33. Before that 34.5. Before that (say 2006) 39 oz. I wasn't prepping before about 2004 so I don't have data on the shrinkage.

 

However, Maxwell house cans make excellent feed scoops, so I have a bunch.  I have at least one with every weight I listed for feed scoops. Even the containers themselves are made with lighter and thinner plastic.

 

You wouldn't notice unless you had on older one to compare. Hence the reason preppers are oftentimes first to notice this scam.

 

Nothing new under the sun.

Fri, 06/12/2015 - 14:47 | 6190897 Kaiser Sousa
Kaiser Sousa's picture

its all good...

ive been diluting my debt coupon dollars and replacing them with Silver now for 8 years running...thats what i call getting rid of LESS for MORE...

my Golden State Mint Morgan designs arrived today nice and shiny...

death to the MoneyChangers.

Fri, 06/12/2015 - 17:43 | 6191530 Obamamerica
Obamamerica's picture

Clearly you are a terrorist and in need of a vacation at Hilary's new Adult Summer Camps

Fri, 06/12/2015 - 17:56 | 6191581 gladius17
gladius17's picture

Same here, and also collecting nickels and copper pennies. But the most important prep is having a skilled trade that will be in demand. People will always be smoking weed and cigarettes and drinking beer.

Fri, 06/12/2015 - 17:07 | 6191410 Jumbotron
Jumbotron's picture

QEternity + Peak Cheap Energy = Higher Inflation and everyone but the Fascist Kleptocrat class being poorer.

Simple solution.  Learn to do with less.  Buy NOTHING name brand.  Make your own and / or grow your own when and where you can.

But rule #1....Learn....to....do...with....less.

Fri, 06/12/2015 - 14:33 | 6190819 Motorhead
Motorhead's picture

Capitalism, bitchez!

Fri, 06/12/2015 - 15:15 | 6191013 BlowsAgainstthe...
BlowsAgainsttheEmpire's picture

Crony capitalism.  Its what ails America.

Fri, 06/12/2015 - 17:31 | 6191478 wifezilla
wifezilla's picture

No... it's just Cronieism. Capitalism has nothing to do with it.

Fri, 06/12/2015 - 17:39 | 6191513 Jumbotron
Jumbotron's picture

Of course capitalism has something to do with it.  Capitalism was invented by humans.  All humans are corrupt.  Ergo....capitalism was bound to be corrupted from the start and with the addition of time, gets corrupted more and more year over year.

It's inevitable.  The only difference between Capitalism, Socialism, Communism and Fascism is time.  In other words....the time it takes for the "ism" to be fully corrupted and then to collapse.

And collapse back to the norm of humanity.......Fuedalism.

Fri, 06/12/2015 - 17:46 | 6191541 Usurious
Usurious's picture

 

 

they only ism I'm aware of is banksterism........

Fri, 06/12/2015 - 23:22 | 6192405 daveO
daveO's picture

The ChiComs own 51% of the plants built there. The US Fedgov subsidizes the Corp's exportation of the jobs via the the budget deficit that is carried with Treasury paper that's sold to China, or Chinese front operations in Belgium. China is being built on the the backs of future US serfs.

Sat, 06/13/2015 - 01:50 | 6192600 SubjectivObject
SubjectivObject's picture

Little known and [unde]reported fact to be sure.

Serfs had rights in relation to the master, slaves not so much.

Fri, 06/12/2015 - 14:35 | 6190821 nope-1004
nope-1004's picture

Current discussions of rising food prices and fears of inflation are largely overstated.  Rising food prices in developing nations can largely be attributed to the people within those nations seeking more sophisticated diets.

- Bernocchio, a few years ago.

 

Nature has a way of bringing arrogance, like Bennies, back down to earth.  We'll see how this ends.

Fri, 06/12/2015 - 14:43 | 6190878 A Nanny Moose
A Nanny Moose's picture

Yeah but Bennie will not be held accountable.

Fri, 06/12/2015 - 14:50 | 6190909 madcows
madcows's picture

I didn't know that CatChow was a more "sophisticated" diet.

Fri, 06/12/2015 - 15:10 | 6190992 Zerozen
Zerozen's picture

+1 "Bernocchio"

 

ZH comment threads have been a comedy goldmine (moreso than usual) the past couple of days.

Fri, 06/12/2015 - 15:42 | 6191133 Gambit
Gambit's picture

Haha I agree, I had coffee gushing out of my nostrils today in the morning. 

Fri, 06/12/2015 - 17:12 | 6191426 msmith9962
msmith9962's picture

Not as much coming out as three years ago though!

Sat, 06/13/2015 - 04:30 | 6192694 dreadnaught
dreadnaught's picture

ive heard that the government makes the petfood companies make the food safe for human consumption-after hearing stories of old folks being uable to afford anything else

Fri, 06/12/2015 - 17:58 | 6191593 gladius17
gladius17's picture

"Yeah but Bennie will not be held accountable."

You sure about that bro?

 

Sat, 06/13/2015 - 00:35 | 6192511 Charming Anarchist
Charming Anarchist's picture

Accountable?  Like, he is going to pay everybody all back??? 

Fri, 06/12/2015 - 14:36 | 6190835 Market Rage
Market Rage's picture

Does anyone have an explanation on the outperformance of the RUT?  The most overvalued of all our POS indices.  Hand of God, or did somebody write a shitload of June puts?  

Fri, 06/12/2015 - 15:02 | 6190960 Depression is Coming
Depression is Coming's picture

RUT has a beta greater than 1. Small cap growth stocks comprise the RUT. The moves to both the upside and downside will/should always be of greater magnitude. Use Wilshire 5000 returns if you want to calculate your own beta values..good representation of total market

Fri, 06/12/2015 - 15:02 | 6190961 Groundhog Day
Groundhog Day's picture

in the month of June the Russell 2000 does reallocation of stocks closing price divergences I would use this as an opportunity to buy some puts

Fri, 06/12/2015 - 15:08 | 6190982 Depression is Coming
Depression is Coming's picture

When you write puts.. You are betting the underlying asset price will rise...you fucking mook

Fri, 06/12/2015 - 15:15 | 6191018 Market Rage
Market Rage's picture

Dont be a douche.  That's why it's being furiously supported on a day it should be down 1.5%.

Fri, 06/12/2015 - 16:04 | 6191210 Depression is Coming
Depression is Coming's picture

Displaying relative strength, if market turns to upside next week... You should look to the stocks and indexes that displayed relative strength..they should make the biggest moves and provide greater returns in general. Similarly, if market turns down you might not expect the RUT to go down as much. Over an extended move (medium to longer term), the RUT should provide returns in relation to its beta.

Fri, 06/12/2015 - 16:13 | 6191250 Depression is Coming
Depression is Coming's picture

Too add..

Small cap stocks have no where near as much exposure to Greek calamity. Not as much risk taken off in small cap space over the weekend

Fri, 06/12/2015 - 16:07 | 6191221 Depression is Coming
Depression is Coming's picture

Not sure about furious support.. 0 volume and tight daily range.

Fri, 06/12/2015 - 14:38 | 6190842 LoadedBakedPotato
LoadedBakedPotato's picture

Sounds like companies are weaving that special little magic that turns two kilos into three ...

"but never get too greedy."

Fri, 06/12/2015 - 14:39 | 6190854 CarpetShag
CarpetShag's picture

“nonfunctional slack fill.”
What's that- Bruce Jenner's dick?

Fri, 06/12/2015 - 14:40 | 6190862 q99x2
q99x2's picture

Bitcoin $231 - no inflation

Fri, 06/12/2015 - 14:57 | 6190933 atomp
atomp's picture

Off the chart inflation in '13

Fri, 06/12/2015 - 14:41 | 6190870 Dr. Engali
Dr. Engali's picture

The good news is our chocolate rations will be increased from 30 grams to 20 grams. At least we have that going for us.

Fri, 06/12/2015 - 14:55 | 6190928 kowalli
kowalli's picture

nice one, orwell 1984 is a new bible

Fri, 06/12/2015 - 14:42 | 6190877 Dr. Richard Head
Dr. Richard Head's picture

See?  There is no inlfation.  

Fri, 06/12/2015 - 14:45 | 6190893 Dr. Engali
Dr. Engali's picture

There is no spoon either.

Fri, 06/12/2015 - 14:45 | 6190886 pragmatic hobo
pragmatic hobo's picture

6 years ago bag of dorito used be 16 oz and cost $1.99, or $0.99 when on sale ... now bag of dorito is 12oz and has regular price of $4.99 stamped on the bag ... well, fuck you pepsi and your bag of shit.

Fri, 06/12/2015 - 14:48 | 6190903 yellowsub
yellowsub's picture

And now exclusively made from GMO corn!

Fri, 06/12/2015 - 15:21 | 6191041 spastic_colon
spastic_colon's picture

I call it baseball inflation, cuz we used to tell the fat guy on our team "way to stretch that double into a single!"

Fri, 06/12/2015 - 15:42 | 6191132 STP
STP's picture

I won't Dorito's after somebody showed me, how well they burn.  You can light a Dorito's chip on fire and it will burn for a pretty long time!  Nothing I want to put in my gut anymore, that's for sure.  I want to experiment on a bag of chips next.  Dorito Bomb?

Fri, 06/12/2015 - 17:31 | 6191479 Duc888
Duc888's picture

 

 

STP: I won't Dorito's after somebody showed me, how well they burn.

 

..oldest (modern) camping trick in the book.. Always bring a big bag of Frito-Lay corn chips.  I've started campfires in a driizle with those.

Fri, 06/12/2015 - 17:35 | 6191497 post turtle saver
post turtle saver's picture

if you think it's bad with Doritos, you should see how olive oil burns... you may want to stop drinking alcohol, too...

goddamn but you're fucking stupid

Fri, 06/12/2015 - 18:03 | 6191614 gladius17
gladius17's picture

If he's decided to stop eating Dorito's, I'd say that makes him uncommonly smart...

Fri, 06/12/2015 - 23:18 | 6192399 post turtle saver
post turtle saver's picture

lol seriously, I get downvoted for pointing out that food burns... I suggest you fucking dimwits look up what the definition of a calorie is again...

Fri, 06/12/2015 - 17:14 | 6191428 msmith9962
msmith9962's picture

In the case of Doritos less is more.

Fri, 06/12/2015 - 14:45 | 6190894 Osmium
Osmium's picture

5 pounds of shit in a 10 pound bag?

That's a twist.

Fri, 06/12/2015 - 14:49 | 6190905 rogerthat
rogerthat's picture

Ice cream has become "frozen dairy treat", probably due to the lack of milk to make it ice cream.

Fri, 06/12/2015 - 23:37 | 6192431 daveO
daveO's picture

Because the lower fat content doesn't allow it to legally be called ice cream. Back in the 70's they relabeled it Ice Milk.  It was good if you ate all shortly after opening. If it sat in the freezer for too long, the ice crystals would separate and harden on top. Now, they just put some rubberized fat substitute in there.

Fri, 06/12/2015 - 14:50 | 6190906 Charming Anarchist
Charming Anarchist's picture

Diversion. 

The way companies mask runaway inflation is by diverting our attention away from the printing press. 

Fri, 06/12/2015 - 14:56 | 6190929 scubapro
scubapro's picture

 

re: spice options in the grocery store.....shop the hispanic aisle for spices..the Barilla brand is significantly cheaper than the anglo brands esp the pretty packaged Spice Islands brand.

 

5lb bag of sugar is 4lbs;  1lb bag of coffed is 12 oz, sometimes 10!     only buy anything when its buy one get one free.

Fri, 06/12/2015 - 15:09 | 6190985 swmnguy
swmnguy's picture

Good idea.  For spices, save empty containers and buy bulk to refill them.

For other items, get a sturdy set of shelves, a chest freezer, and plastic pails and bags.  Go to Costco (I'm sure Sam's Club or whichever is fine too), with a retail grocer's ad and a calculator.  Some things will be cheaper, some not, and some things you can't eat fast enough to avoid throwing things out.  But if you know the per-ounce going price, you can find excellent deals and store or freeze things.

Costco is particularly good for coffee; a truly 3# can is $10.99.  I have 6 cans on the shelf right now.

Basically, we're now back into what the 3rd World considers normal.  You will be cheated at every turn, so you have to act accordingly.

Fri, 06/12/2015 - 17:35 | 6191496 Duc888
Duc888's picture

 

 

Swmnguy: Good idea.  For spices, save empty containers and buy bulk to refill them.

 

Absolutely, I just did that with Cumin.  Pay like $4.00 for a little 3 oz  bottle of it......or do what I did, for $16 get 2 lbs.

Fri, 06/12/2015 - 22:23 | 6192271 swmnguy
swmnguy's picture

Now that's a shitload of cumin.  I use cumin all the time, but 2# is a significant quantity, unless you run a Mexican restaurant.  Do you?

I usually buy the 4 oz. plastic bag in the Mexican or bulk section of the grocery, or baggies at the local food co-op.  For stuff like garlic and onion powder, black pepper, cinnamon, chili and curry powder (stuff I use a lot of) I get large plastic restaurant-supply-size bottles at a wholesaler, at the same price range you're talking about.

Fri, 06/12/2015 - 22:34 | 6192296 tarabel
tarabel's picture

 

 

You can buy the seed pack for about $1.50 and have all you want forever.

Sat, 06/13/2015 - 09:29 | 6192919 swmnguy
swmnguy's picture

I do that for basil, oregano, cilantro, rosemary, thyme, sage, etc.  I hung a windowbox just outside my kitchen window, so while I'm cooking I just slide the screen up and trim some fresh herbs.  When it starts to get cold I pull the whole plant out of the dirt and give it a good rinse, hang it upside down from the pot rack in the kitchen, and when it's dry, put the leaves in a jar to use until next Spring.

Oregano and sage are like a weed.  They absolutely take over any place you plant them.  I have to take a spade and cut out most of it each Spring because I can only use so much of that stuff and I want to grow other things.  Thyme and Rosemary are also perennials, but seem to have a harder time with cold winters.

Fri, 06/12/2015 - 14:57 | 6190939 PhotonJohn
PhotonJohn's picture

Can't people just read the Net Weight?

Fri, 06/12/2015 - 15:37 | 6191105 JohnG
JohnG's picture

People can't read at all, and you want them to do math???  WTF?

Fri, 06/12/2015 - 17:44 | 6191520 Bobbo
Bobbo's picture

Even if people read it and understand it, the official statistics continue to say "no inflation".  Even if people read and understand, they learn to disragard the truth in favor of the magic voice that tells them so.  Even if people read and understand, they know that it is too risky to speak the truth out loud to family, friends, or acquaintances except to simply compalin bitterly one to another about the lies.  Complain, but do so quietly.  Complain, but do not dare to act.

Sat, 06/13/2015 - 09:10 | 6192896 plane jain
plane jain's picture

The unit pricing on shelf tags is intentionally confusing. Some are priced per ounce, others per pound, while still others are priced per item.

If everything were priced per pound (a unit most people can visualize) then people might actually realize the actual prices of what they are purchasing.

Same thing with nutritional labeling. If it was clear and understandable it might actually help people make better purchasing decisions.

Put a little spoon shaped graphic with the total number of teaspoons of added sugars on the front of the package? Nah, let put it in grams per serving on the back in small print.

Fri, 06/12/2015 - 15:02 | 6190959 Bunghole
Bunghole's picture

There is a local convenience store near me that sells gas, milk and ice cream (United Dairy Farmers).

They have been without premium gas for over a month.

I called their CS dept to inquire.

They told me it was a tank issue.

I told them if they could figure out a way to reduce the volume of milk in a 1 gallon container (like what they did with ice cream about 2 years ago (64 oz to 48 oz)), they could pay for the tank repairs in no time.

The CS rep was silent.

Fri, 06/12/2015 - 15:08 | 6190980 Trubador
Trubador's picture

I've been saying this for YEARS.

Half Gallon (64 oz) of Orange Juice is now in a 59 oz container.

Half Gallon (64 oz) ice cream is now 1-1/2 Qts (48 oz).

1 lb (16 oz) box of Cheese-its is now 13 oz.

1 lb of coffee is now sold in 12 oz or 13 oz packages.

Speedstick deodorant (see-through container) is half-filled with the deodorant.

Toilet paper isn't strunk by # of sheets so much as by increasing the diameter of the cardboard tube it's rolled on, and narrowing the width of the roll (this is noticed when rolls are placed in bathroom stalls where the roll feeder is of fixed-width and do not have the spindle to place the roll onto like you would have in your home).

I could go on and on about this. Been saying it FOR YEARS!

Fri, 06/12/2015 - 15:22 | 6191042 Loucleve
Loucleve's picture

the "stick" of gum is now a little oblong shaped thingie.

the toilet paper is now narrower 3/4 of an inch .  (I called P & G on this.  they claimed they made improvements and "had" to recoup costs.  of course the cost recoupment is "permanent".

the pretzel bag is only half full.

a Mounds bar is practically invisible its gotten so small.

a Carl Buddigs package of lunch meat - 99 cents - is now 2 bites of meat.  just checked it yesterday.

and they still ship the jobs overseas.

CORPORATIONS ARE THE ENEMY.  REALIZE IT.  THINK IT.  LIVE IT.

Fri, 06/12/2015 - 15:47 | 6191147 Mr Pink
Mr Pink's picture

Buddigs is 2 bites of MEAT? I beg to differ

Sat, 06/13/2015 - 03:10 | 6192646 cynicalskeptic
cynicalskeptic's picture

It's some version of SOYLENT... not sure which....

Fri, 06/12/2015 - 22:51 | 6192342 NoWayJose
NoWayJose's picture

Got REAL lucky with Charmin toilet paper about six months ago. Was in a local grocery store and turned down the paper aisle for a change. Most paper products in regular grocery stores are way overpriced so I rarely go into this aisle. But 'Lo and Behold' they were running a clearance on their old stocks of Charmin. I grabbed a bunch of 4.25 inch wide Charmin at a good price and stacked it up in the garage. But that wasn't all. They also had a few packs of Charmin that was -- get this -- 4.5 inches wide! I grabbed all of that too! I can't ever remember 4.5 inch wide toilet paper!

Sat, 06/13/2015 - 03:50 | 6192667 kareninca
kareninca's picture

Don't use that 4.5 inch Charmin!!!!!  Save it and donate it to a museum in a few years for an exhibit!!!!

Fri, 06/12/2015 - 15:15 | 6191017 Yen Cross
Yen Cross's picture

    More landfill fodder. Less product in the same size packaging means higher product turn-over in the same sized packaging.

   It's nice to see that corporate Amerika is doing so much to reduce by waste by printing nice little Greenisms on the recyclable labels of their Jr. Sized products.

Fri, 06/12/2015 - 15:17 | 6191027 Bro of the Sorr...
Bro of the Sorrowful Figure's picture

And yet people are still buying the "there's no inflation" line. Someone sent me a motley fool article the other day about why we weren't seeing inflation after all the money printing. Yeah no inflation, except in food, housing, stawks, bonds, art, education, cars, and rent. Those don't count.

Fri, 06/12/2015 - 22:35 | 6192303 Parousia
Parousia's picture

And 84 month financing for your Sub-prime Dream Machine.  

Fri, 06/12/2015 - 15:22 | 6191043 Sages wife
Sages wife's picture

Hyperinflation is inevitable.

Fri, 06/12/2015 - 15:22 | 6191046 Nostradumbass
Nostradumbass's picture

Just as in today's education mills - less filling and more costly.

Fri, 06/12/2015 - 15:22 | 6191047 BiPolarFrenchman
BiPolarFrenchman's picture

Obviously, this is good for the consumer.

Take every product, shave it down until it's just the veneer of the former product, offshore production to Asia, cash the check. Rinse, repeat, rebuy.

LOST MY JOB AT THE FACTORY, BETTER START SHOPPING AT WALMART.

Fri, 06/12/2015 - 15:26 | 6191064 Smegley Wanxalot
Smegley Wanxalot's picture

Years ago ice cream was 2 quarts.  A few fucktard companies like Dreyers and Breyers started up the 1.75 quart thing, a 12.5% reduction, with no price change.  Now those same companies are at 1.5 quarts (14.3% reduction from the 1.75) and the prices have gone up, and I as a result fucking now have not bought them in years.  There are local companies here in TX that sell me my 2 quarts, and fuck the national corporate assholes.

Fri, 06/12/2015 - 23:45 | 6192444 daveO
daveO's picture

Local is the future. It cuts out the Jew York City middlemen.

Fri, 06/12/2015 - 15:27 | 6191065 Smegley Wanxalot
Smegley Wanxalot's picture

duplicate double click - sorry.

Fri, 06/12/2015 - 15:27 | 6191071 Palladin
Palladin's picture

 

Package Inflation is another way to hide it.

Take a look at the "new" package.

https://drive.google.com/file/d/0B51-74tGswAXR1hNbjA2cE5IeWc/view?usp=sh...

 

 

Do NOT follow this link or you will be banned from the site!