Re:Carrefour puts ‘shrinkflation’ price warnings on food to ...
by josu on Friday September 15, 2023 @08:58PM
(#37530945)
If this is true, why are inflationary periods relatively rare?
Re:Carrefour puts ‘shrinkflation’ price warnings on food to ...
by Draiken on Saturday September 16, 2023 @07:34AM
(#37533873)
Rare for whom? At any point in time this is happening in many countries around the world.
I don't see how the frequency changes my assertion though. That's the regular boom/bust cycle from capitalism. There are many theories on why that happens but the fact is: they happen.
Re:Carrefour puts ‘shrinkflation’ price warnings on food to ...
by AstralStorm on Saturday September 16, 2023 @04:25PM
(#37538374)
Well were it even a cycle. It's an even increasing oscillation until it explodes and corrective action is taken.
I hope this time it will be corrected... permanently.
Everyone raises prices to increase profits, increasing inflation, that increases prices further...
I don't understand why people are so happy to blame governments when companies, in which profit is their raison d'être, are just "reacting to the government".
Of course both are to blame, but let's stop pretending companies are victims while record profits are seen everywhere (adjusted to inflation). Many (if not most) are clearly taking advantage of this exact sentiment against the government to pocket even more profit. It's not me, it's the inflation!