"Shrinkflation" is coming back as a narrative

[Lucius]

Lucius you have probably made my day with your tough and soft truth here. You hit the point one after other and lift me less words to say.

In that case, we think similarly, and only if as many people as possible realized how much they are actually using us for their personal goals, maybe something would change. Mass protests by farmers across the EU may be just the beginning of some big changes.

~snip~
We have the parliament elections coming up in a month; so these are the days for "buzzwords" and fake promises for us too. We will soon have weirder terms than "shrinkflation" coming For now candidates are signing up so for now the funniest thing IMO is a dude who has been absent a third of the parliament sessions who became a candidate again...

I also have elections this year, three times, but the most interesting ones for the parliament are not too uncertain, given that the ruling party has absolute power over everything, whether it is the media or the agency that will eventually enter votes from paper into digital system, not to mention a few hundred thousand more voters than people who have the right to vote at all...

~snip~
The reason is simple, there is too much money but not enough stuff for everybody. I mean there is enough stuff but not quality stuff. You are eating chicken for example but it is all fed with antibiotics. Have you ever seen a chicken farm? It is disgusting.

I watched a relatively recent documentary on N about how some chicken farmers in the US are now starting to grow mushrooms because they literally got sick of doing the business of raising poultry. And what about the breeding of cattle and literally lakes of excrement and urine that are then spread over the fields with the help of pumps, and all this practically at people's doorsteps.

[1714857871]

1714857871

[slapper]

Political parties are good at labelling economic mismanagement, no? A distraction to transfer criticism from risky budgetary measures to the private sector. Avoid getting lost in their cleverness. Cryptocurrency's relevance is driven by systemic monetary policy abuse

We shouldn't just accept the consequences of poor policies, Bitcoin HODLers. Cryptocurrency benefits from market liquidity, but not just price changes. Understand the economic consequences and promote sound money principles. Governments and the unstable financial system that requires Bitcoin should be distrusted. Supporting Bitcoin means supporting a future where value isn't squandered by the few but secured by trusted programming

[demonica]

Shrinkflation is another way that businesses do to maintain their earnings. Since inflation is there, raw materials are getting expensive as well for manufacturers so to maintain their earnings while keeping their price in the market the same, they reduces the size of their product. Tbh for a business' pov I think this is a smart move since customers tend to have a second thought of buying a product when their prices keep increasing. So I can't really blame these businesses since that's how capitalism works and that's their way of retaining their customers. Tho what I don't like about this thing is similar with shrinkflation, which is cost-cutting. They cut their expenses and it affects the quality of the product.

But regardless of these economic terms emerging, we all know that government plays a big role with it. The results of their actions will always reflect on the economy. Also, I agree that most of these terms have the same root cause which is the inflation. On the contrary, I don't think that this inflation occurs solely because they print too much money. Yes, that's one thing but there are also other factors.

[Wind_FURY]

Because the economic situation in some regions of the world continue to worsen, politicians are using newly invented economic terms like "Shrinkflation" to to blame the companies as being too greedy, and to "rationalize" the effects of printing too much money and having too much debt - that the government may never repay.
...

Shrinkflation is only the beginning of the collapse.

Shrinkflation isn't a new term, if I recall correctly, it's a phenomenon where due to the constant economic turmoil due to inflation, the size of the once beloved products are subjected to downsizing and the downsizing of the product can be subtle or obvious, with obvious one, you'd easily see it with their packaging and the weight of the product and with the subtle, they just create the product a bit more smaller than what it used to or skimp on ingredients, there's also one time where they sell fun size of some chips due to this, shrinkflation is a subtle one at best because you don't see it and piece it together once you saw it.

It is funny you used that word because there is actually a term for that.

It is called, Skimplation. If you think "Shrinkflation" is bad, wait till you experience "Skimpflation" which is much much worse.

'Skimpflation': An even sneakier form of shrinkflation

Products on shelves are getting quantifiably smaller, yet you're paying the same price: a practice known as 'shrinkflation'. But in addition to shrinking products, businesses are also cutting back on the quality and availability of their services, while keeping prices steady. This is called 'skimpflation' – and although the changes are sometimes significant, they often fly under the radar.

The reason is simple, there is too much money but not enough stuff for everybody. I mean there is enough stuff but not quality stuff. You are eating chicken for example but it is all fed with antibiotics. Have you ever seen a chicken farm? It is disgusting.

At least halt of the world population should disappear so the other half can live like human beings. Thanos get to work mf.

Actually businesses that make those "Shrinkflated and Skimpflated" products have expenses too. Expenses like employee wages - which they need to increase, expenses on raw materials, shipping costs, logistics costs, and several other operational costs all increasing to run the business. But the government and the media create a narrative that businesses = greedy/evil,  to conceal the fact that it's the government's fault for inflating the money supply. It's inflation why everything is more expensive.

[serveria.com]

Because the economic situation in some regions of the world continue to worsen, politicians are using newly invented economic terms like "Shrinkflation" to to blame the companies as being too greedy, and to "rationalize" the effects of printing too much money and having too much debt - that the government may never repay.

I believe as Bitcoin HODLers, we should welcome more money-printing because Bitcoin will absorb some of that excess liquidity, and make the price surge. But it should also make us more distrustful of the policy makers because they know there's no "Shrinkflation", only inflation and the negative effects of money-printing.

I'm not sure if it's good for Bitcoin. In fact, anything that reduces purchasing power prevents people from buying extra Bitcoin and forces them to focus on buying necessities like food, water, clothing, shelter, energy etc. They simply can't afford to invest anymore.

[mindrust]

Actually businesses that make those "Shrinkflated and Skimpflated" products have expenses too. Expenses like employee wages - which they need to increase, expenses on raw materials, shipping costs, logistics costs, and several other operational costs all increasing to run the business. But the government and the media create a narrative that businesses = greedy/evil,  to conceal the fact that it's the government's fault for inflating the money supply. It's inflation why everything is more expensive.

Th governments are as helpless as the corporations.

When you think about it, the govs are not evil too. The companies have increasing expenses that's why they are skimping and shrinking their products and the governments have more people to take care of that's why they create more money. It is not the governments' fault that we are breeding mindlessly like animals.

What was the govs gonna do? Stop printing money? And what good would that do? It would increase the unemployment and people would die of hunger...

At least when they print more money, we have the money to buy shit for our meals. We have been eating total shit for the last i dunno, since McDonald's&KFC started to the business?

The problem is people (and I don't mean educated people who only make as many kids as they can look after) breed like animals in some parts of the world.

[Darker45]

Sometimes, I'm torn between wishing everything would turn so much worse so that everybody up there will realize how badly they run the government and managed the economy, and for the people to be finally fed up and forcefully demand accountability and better services from them, and praying that things would improve soon so that everybody would live a good life.

Ordinary people are just being fooled all the time. Shrinkflation, stagflation, inflation, or whatever new terminologies those up there come up with, these are nothing but symptoms of their incompetence, greed, selfishness, apathy.

[tabas]

I'm not sure if it's good for Bitcoin. In fact, anything that reduces purchasing power prevents people from buying extra Bitcoin and forces them to focus on buying necessities like food, water, clothing, shelter, energy etc. They simply can't afford to invest anymore.

Inflation will just make everything too expensive and that's true that instead of having extra funds to invest, majority of the people are going to buy necessities than choose to invest. I've heard of this term shrinkflation before but still, it ends up with the same common thought about inflation. Whatever the terms we make or invent just to define and justify some of these situations that are produced and done by inflation, one thing is for sure that this is inevitable and this is like death and taxes, a permanent thing on this world.

[wxa7115]

Because the economic situation in some regions of the world continue to worsen, politicians are using newly invented economic terms like "Shrinkflation" to to blame the companies as being too greedy, and to "rationalize" the effects of printing too much money and having too much debt - that the government may never repay.

I believe as Bitcoin HODLers, we should welcome more money-printing because Bitcoin will absorb some of that excess liquidity, and make the price surge. But it should also make us more distrustful of the policy makers because they know there's no "Shrinkflation", only inflation and the negative effects of money-printing.

The two are not mutually exclusive, are companies greedy? Of course, the whole reason to create a company is to make more money for yourself, and the more money you can make the better, and if you can get away with selling inferior products then that is exactly what any company will do.

However it is also true that governments are printing too much money and this is putting pressure on those companies to remain profitable, so blaming those companies for raising prices, reducing the content of the product or both makes no sense, as companies should be free to charge whatever they want for their products, and it is up to each person to decide if they want to buy that product for the listed price.

[Kakmakr]

I think you are not using the word "shrinkflation" in the correct context.

"Shrinkflation" is the practice of companies reducing the size of a product, while maintaining it's sticker price.

It is actually a marketing strategy to fool consumers into believing that prices are beating the rise in inflation, but they are reducing the size or weight of the product.

You paid $2.50 for a can of soda (500ml) in 2023 and in 2024, the company reduce the content to (400ml) and they still charge you $2.50. (The size or design of the can are slightly altered to look the same, but it holds less soda)

[LastKiss]

Because the economic situation in some regions of the world continue to worsen, politicians are using newly invented economic terms like "Shrinkflation" to to blame the companies as being too greedy, and to "rationalize" the effects of printing too much money and having too much debt - that the government may never repay.

I believe as Bitcoin HODLers, we should welcome more money-printing because Bitcoin will absorb some of that excess liquidity, and make the price surge. But it should also make us more distrustful of the policy makers because they know there's no "Shrinkflation", only inflation and the negative effects of money-printing.

Shrinkinflation happened in all countries around the world because as we can see the world population is already more than 8 billion and keeps increasing every year by around 0.8 - 1.0%, to fulfill the world's needs companies are forced to do shrinkflation also not only to fulfill the market but the raw materials prices is also increasing. In my country that affected by Shrinkflation right now is chicken, chicken right now is very small due to the fast harvest, many people put their money into something that gives us fast returns rather than investing in industries or production.

We need to open our eyes to care about this matter because our population does not match to our current production, not many young people want to dive into the production sector.

[pinggoki]

So they want to blame companies for being greedy while they keep printing more money and piling up debt. Yeah we should be cool with extra money in circulation because it could boost Bitcoin's value but at the same time, there's a side-eye at policymakers who might not be upfront about the real deal like no fancy terms, just plain old inflation and the downsides of printing too much money. It's not our fault to have these trust issues with government

That's what they do my guy, these companies that they're blaming are people that are in their circle so it's just a show so people don't have to blame the government, the companies can take the blame. I don't think this has to do with the printing, they've been doing this stuff for centuries so it's not a surprise to me that now we're suffering in all of this, they're definitely greedy, both the companies and the government.

[arimamib]

~

Shrinkinflation happened in all countries around the world because as we can see the world population is already more than 8 billion and keeps increasing every year by around 0.8 - 1.0%, to fulfill the world's needs companies are forced to do shrinkflation also not only to fulfill the market but the raw materials prices is also increasing. In my country that affected by Shrinkflation right now is chicken, chicken right now is very small due to the fast harvest, many people put their money into something that gives us fast returns rather than investing in industries or production.

We need to open our eyes to care about this matter because our population does not match to our current production, not many young people want to dive into the production sector.

That is a critical issue regarding shrinkflation, which is indeed a phenomenon affecting many countries globally. Shrinkflation, where companies reduce the size or quantity of products while maintaining prices, is often a response to rising production costs, including raw materials, labor, and distribution expenses. This practice allows companies to manage their costs while still meeting market demand.

Shrinkflation can have significant implications for consumers, as they may receive less value for their money without necessarily seeing a decrease in prices. This can particularly impact lower-income individuals and families who rely heavily on these essential goods for their daily needs. The preference for quick returns over long-term investments in industries or production can exacerbate the issue, because it may lead to underinvestment in sectors critical for sustainable economic growth and development.

[franky1]

shrinkflation =  smaller sizes same price
skimpflation = lesser quality product/ingredients same price
greedflation= some or all of above + price increase
excuseflation= raises prices even if not affected by any of the above

[Wind_FURY]

Actually businesses that make those "Shrinkflated and Skimpflated" products have expenses too. Expenses like employee wages - which they need to increase, expenses on raw materials, shipping costs, logistics costs, and several other operational costs all increasing to run the business. But the government and the media create a narrative that businesses = greedy/evil,  to conceal the fact that it's the government's fault for inflating the money supply. It's inflation why everything is more expensive.

Th governments are as helpless as the corporations.

When you think about it, the govs are not evil too. The companies have increasing expenses that's why they are skimping and shrinking their products and the governments have more people to take care of that's why they create more money. It is not the governments' fault that we are breeding mindlessly like animals.

What was the govs gonna do? Stop printing money? And what good would that do? It would increase the unemployment and people would die of hunger...

At least when they print more money, we have the money to buy shit for our meals. We have been eating total shit for the last i dunno, since McDonald's&KFC started to the business?

The problem is people (and I don't mean educated people who only make as many kids as they can look after) breed like animals in some parts of the world.

The point isn't about whether some entity -government/corporations - are evil or not. It's how the government are shifting the blame away from themselves, and to the corporations while making themselves look like they didn't do anything to cause the current economic/financial condition.

The point is also about people who read it in newspapers or watch it in YouTube/T.V., people merely believe what they are being told like sheep - without critical thinking.

[Assface16678]

Actually businesses that make those "Shrinkflated and Skimpflated" products have expenses too. Expenses like employee wages - which they need to increase, expenses on raw materials, shipping costs, logistics costs, and several other operational costs all increasing to run the business. But the government and the media create a narrative that businesses = greedy/evil,  to conceal the fact that it's the government's fault for inflating the money supply. It's inflation why everything is more expensive.

Th governments are as helpless as the corporations.

When you think about it, the govs are not evil too. The companies have increasing expenses that's why they are skimping and shrinking their products and the governments have more people to take care of that's why they create more money. It is not the governments' fault that we are breeding mindlessly like animals.

What was the govs gonna do? Stop printing money? And what good would that do? It would increase the unemployment and people would die of hunger...

At least when they print more money, we have the money to buy shit for our meals. We have been eating total shit for the last i dunno, since McDonald's&KFC started to the business?

The problem is people (and I don't mean educated people who only make as many kids as they can look after) breed like animals in some parts of the world.

The point isn't about whether some entity -government/corporations - are evil or not. It's how the government are shifting the blame away from themselves, and to the corporations while making themselves look like they didn't do anything to cause the current economic/financial condition.

The point is also about people who read it in newspapers or watch it in YouTube/T.V., people merely believe what they are being told like sheep - without critical thinking.

What's new in the government? They always want to look innocent or good in the public but in reality the people already know how they work or how they manage the country, shrinkflation is a term where in because of the inflation and high cost goods the business owners choose to the option of cutting the portion of their products but the price will be the same, that's why many people are becoming more poor or hungry because the money they has from their salaries are become more not enough for their daily lives, imagine the inflation keeps on raising while the minimum wage are still the same, and the government didn't give a damn about the situation, notice how will they react when the social media are involves they will fake their image in the crow to look decent and a responsible part of governement thay suppose helping thr poor peoples of family.

[Wind_FURY]

Actually businesses that make those "Shrinkflated and Skimpflated" products have expenses too. Expenses like employee wages - which they need to increase, expenses on raw materials, shipping costs, logistics costs, and several other operational costs all increasing to run the business. But the government and the media create a narrative that businesses = greedy/evil,  to conceal the fact that it's the government's fault for inflating the money supply. It's inflation why everything is more expensive.

Th governments are as helpless as the corporations.

When you think about it, the govs are not evil too. The companies have increasing expenses that's why they are skimping and shrinking their products and the governments have more people to take care of that's why they create more money. It is not the governments' fault that we are breeding mindlessly like animals.

What was the govs gonna do? Stop printing money? And what good would that do? It would increase the unemployment and people would die of hunger...

At least when they print more money, we have the money to buy shit for our meals. We have been eating total shit for the last i dunno, since McDonald's&KFC started to the business?

The problem is people (and I don't mean educated people who only make as many kids as they can look after) breed like animals in some parts of the world.

The point isn't about whether some entity -government/corporations - are evil or not. It's how the government are shifting the blame away from themselves, and to the corporations while making themselves look like they didn't do anything to cause the current economic/financial condition.

The point is also about people who read it in newspapers or watch it in YouTube/T.V., people merely believe what they are being told like sheep - without critical thinking.

What's new in the government? They always want to look innocent or good in the public but in reality the people already know how they work or how they manage the country,

shrinkflation is a term where in because of the inflation and high cost goods the business owners choose to the option of cutting the portion of their products but the price will be the same,

that's why many people are becoming more poor or hungry because the money they has from their salaries are become more not enough for their daily lives,

imagine the inflation keeps on raising while the minimum wage are still the same, and the government didn't give a damn about the situation, notice how will they react when the social media are involves they will fake their image in the crow to look decent and a responsible part of governement thay suppose helping thr poor peoples of family.

Plus it's either the corporations perform "Shrinkflation" on their products/services, OR maintain the quanitity as what it had before, BUT increase the prices of their goods and services. It's simple economics. If a centralized entity in control of the money printer turns it on, and grows the total supply of money, then inflation will always follow.

Simply, inflation and deflation are caused by changes in the monetary policy and government spending.

[franky1]

Plus it's either the corporations perform "Shrinkflation" on their products/services, OR maintain the quanitity as what it had before, BUT increase the prices of their goods and services. It's simple economics. If a centralized entity in control of the money printer turns it on, and grows the total supply of morny, then inflation will always follow.

Simply, inflation and deflation are caused by changes in the monetary policy and government spending.

inflation is measured primarily by the consumer price index...
meaning prices of goods and services are inflation factors

when costs go up this makes public services cost more. which causes the treasury insufficient to pay for public services, which the causes governments to print money, to get money to pay for public services..
to cut the circuit. governments even try to do their own shrinkflation. by still charging people the same taxes but offering less public services. but eventually end up needing to money print

however printing money then causes consumer good sellers greedflation to raise prices because they see more money in the economy to take advantage of.

what being suggested is greedflation of consumer goods prices then cause even higher money printing. which if it continues, leads to hyper inflation

the big question is chicken or egg
some say its the egg.. governments printing money to bail out banks in 2008 started consumer greedflation, and the snowball began
yet some will say it was the greedflation of real estate before 2008

the latest round starting 2019-2020 was the covid trigger
governments printing money for healthcare, and campaigns to keep people home and socially distanced. and such, followed by issues with goods shipments,  followed by retailers needing to increase prices to get back to business in less customer visiting times,

[mindrust]

inflation is measured primarily by the consumer price index...
meaning prices of goods and services are inflation factors

Inflation is the expansion of the money supply.

Inflation, the name comes from the verb "to inflate" which means "to expand", like a balloon. Prices don't expand. They may hike. It is the increasing/expanding money supply which causes the price hikes because there aren't enough goods and services to counter the demand coming from the newly printed currency.

[franky1]

inflation is measured primarily by the consumer price index...
meaning prices of goods and services are inflation factors

Inflation is the expansion of the money supply.

Inflation, the name comes from the verb "to inflate" which means "to expand", like a balloon. Prices don't expand. They may hike. It is the increasing/expanding money supply which causes the price hikes because there aren't enough goods and services to counter the demand coming from the newly printed currency.

try looking passed the kindergarten dictionary explanation and see how the real world outside your house measures things
yes yesterdays national debt becomes tomorrows GDP where the domestic product is too a measure of inflation as its all part of the consumer price index. but you have to look into the details of how things happen and effects one thing has on the other,
hence the chicken and eggs
which came first

real estate greedflation 1990's-2007,
or
US gov spending 1990's gulf wars and middle east defense post 9-11
or
bank bailouts via money printing 2008
market recovery and CPI growth
covid money printing
covid market decline
debt ceiling raising
skrinkflation, greedflation, excuseflation

also to note: inflation is not simply inflation of money supply. because sometimes that printed money gets syphoned and hidden away at the top and never enters the general circulation.
examples of this is the differences of trickle up economics vs trickle down economics
for instance if general populous are given government cheques. then retailers get more income and their CEOS take that extra profit and hide it in the investment markets