Biden comes out STRONGLY against "shrinkflation"
(twitter.com)
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While shrinkflation is annoying AF I agree, the reason Biden is annoyed with it is because, too many people can still afford to buy things. Prices are up, companies started shrinking them and packaging to cut costs for popular selling items, if they did not do so, those items would cost a LOT more right now and instead of affording some, many could afford none at all. The problem is not ShrinkFlation (while annoying) it is INFLATION. Biden team just found something to distract as a boogieman is all. IMO, certain items can stay smaller, they are very unhealthy to be eating to begin with. What you can NOT shrinkflation is an 8oz steak, eggs, milk, fresh fruit and veggies and the like.. you know REAL food. Chicken can be shrunk since they have the hens super and artificially bloated to begin with, smaller chicken breasts are more natural and better for people IMO. hah. Unless, you live in China. They have a real problem with fake meat products and even fake eggs, rice, noodles and fake tofu! We all need regulations on meat products IMO, to make sure if you buy a steak, it is actually, real beef cut from a cow as is, no stitched together junk. HRMPH.
Prices, in terms of value, are the same. The currency sucks.
True, value of the dollar is down so you need more of it to buy something. Pretty soon, we all will be burning stacks of paper cash in bins to keep warm because, it will be useless for anything else.