Since 2007, the world’s Central Banks have collectively put more than $10 trillion into the financial system since 2008. To put that number into perspective, it’s equal to roughly 15% of global GDP.
This kind of money printing is literally unheard of in modern history. And it has set the stage for a roaring wave of inflation to hit the financial system. Indeed, the first signs are already showing up... not in the “official” Government data (which is bogus) but in how those who run businesses around the globe are acting.
Most people believe that when inflation hits, prices have to go higher. This is true, but higher prices can be manifested in multiple ways. Firms usually do not simply raise prices in nominal terms as price elasticity can kill revenues because it would hurt sales.
Instead, companies resort to a number of strategies to maintain profit margins without hurting their sales. One of them is to simply leave part of a package EMPTY, thereby selling LESS product for the SAME price (a hidden price hike).
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
2 comments:
How about the quality of product as well. For example, gasoline. Our fuel today is nowhere near the quality is used to be.
Then add the cost of repairing all the the equipment and motors because of this crap fuel.
This article is more spot on than most realize.
Ben and Jerry's is still a pint. Haagen Dazs is not.
Cereal boxes are now 1/4 to a 1/3 empty, that's lot of "settling while shipping"
Pretzel and Chip bags have more air in them so you can not tell how much is in the bag until you open it (it is also an anti crushing tool)
Even the lottery is in the game.
Power ball pulled the "more numbers per game" and when that didn't work, they went to $2 a ticket. Now Mega Millions is doing the same thing.
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