Monday, November 9, 2015

INFLATION - THE SNEAKY KIND

Everybody worries about inflation so the government is very careful to hide the real cost of doing business and of course the corporations never cease in finding ways to stick it to us.

This little gimmick has been around for a few years mostly unnoticed.  Till you pick up something with a known weight memory (like 5# of sugar) that now seems suspiciously lite, perhaps because it is only 4# now at the same ole price 20% inflation at best.  Bacon use to be 1  pound now it's twelve ounces.  Many other items have been reduced in size and have went mostly unnoticed.  

On top of that if you take a peak at commodity charts what you will find is damn near every commodity it at or approaching low  points on their graphs.  Then you might ask yourself why the hell the price you pay at the store for damn near everything is at all time highs.  The only exception in the stores I shop are the price of chicken..

While the producers are paying low bucks for their ingredients they are charging us at all time highs on most things,  while downsizing their containers and maintaining the prices where they were when you got a pound of thing.  I would guess that for food stuffs inflation is running somewhere in the neighborhood of 30%.  The two of us today spend more money for food while eating less.  That might be the one advantage of growing old , as you get older your appetite gets smaller.

One can only wonder how a young family with kids gets buy on the 30K half of the nation makes.  When we were a young family everything was made from scratch and a lot of hamburger was served, milk was purchased directly from the farm at a buck a gallon.

Today's corporations will not be happy till we all are reduced to peasant status with some already there.  Some corporation the other day actually said "We Americans have to share the pain of everybody else's suffering"  While their pocketbooks overflow with cash.  It will end some day soon and it will not be pretty.

When the farmers growing our food cannot meet the cost of production down she'll come.

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