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11:43
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Originally posted by Iloveicecreams:
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I see your point. But let's forget the cheese that I happened to use as an example. Let's say that a "package" or a unit stays the same price and if it doesn't go up, then as you correctly say - inflation is zero. But what about inflation shrinkage? You know, like when you pay $7 for an item that was only last month 250grams and next year, it's still $7 but the package has shrunk to 200 grams. That in itself represents a 20% increase even though the "price" hasn't increased. Correct? If you dare look around, you'll see it everywhere. If you like, I'll make a list of all the rip offs which essentially means that you pay more and get less - regardless of the inflation number. Remember, there's statistics, statistics and then there's damn lies.
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I look forward to further weakness . I' ve been buying under $20. But w ill now look to the 18's again . The market gets bored very quickly .
(20min delay)