71–80 of 240 posts
I don't particularly care about shrinkflation. It gets calculated in the CPI (obviously) and most of the time it's goods that are unhealthy and overpriced to begin with.
But a lot of us enjoy eating unhealthy foods. And as long as we don't have diabetes, heart disease, high blood pressure, etc then it's not a problem.
In EU prices for food stuff have to also list price per KG.
This is also common in the US. Example below. Top row is blurry but bottom row shows “per ounce” price on the bottom right. Tiny print and I imagine barely anyone actually shops that way. I’m guessing there must be some US requirement for this otherwise I’m not sure why it’s commonplace. https://supersafeway.com/wp-content/uploads/2016/08/Screen-S...
This feels so foreign to me; I largely ignore the overall price and shop by unit prices within a reasonable size range.
Great idea! I'm afraid this would require at least a hundred employees to keep it current and useful, though. But, as a society, we definitely need this. Maybe if some government agency could back it up?
A ton of automated scraping is what it needs. Just the main UK supermarket chains would do, as it seems rather British in the choice of products even though there's no pricing actually shown.
So is shrinkflation actually included in official inflation numbers? If all bars of soap in the country become smaller by 10%, does 'official' inflation number go up? Are the folks tracking official inflation index equipped to measure all the various products per kilo, etc?
“Inflation? There’s no inflation, we’ve created millions of jobs and pay has increased!” - Current Administration
The sadistic think about brands is that people are paying for marketing team to continue to lie to them and brainwash them, to convince them to continue buying their products!
Media is full of brands - gosh I wonder how they have all that budget for expensive marketing campaigns !
It's so incredibly hard to wean someone off brands. I've been campaigning my family for years, but they still seem allergic to Aldi/Lidl etc.
Take cereal (eww):
Aldi Corn Flakes (500g) - £0.75 ($0.93)
Kellogs Cornflakes (500g) - £2.25 ($2.79)
3x more expensive! THREE. (some people might be thinking that $2.79 is nothing but just think in relative terms)
Yes Kellogs Cornflakes taste a bit nicer but that's not the comparison to make: a small serving of oats with some fruit is a MUCH better breakfast meal. Oats are roughly same amount of calories per gram but much more filling and less sugar, salt, fat etc and double the protein. But we're all addicted to cereal because the adverts brainwashed our parents in to thinking it's a healthy meal to have in the morning.
(EDIT: oops guess I'm a hypocrite) And has anyone tasted a McVities Digestive biscuit recently? (similar to a graham cracker, a distant relative of the shortbread - very very popular in the UK)? Absolutely vile. If you're still buying them you're literally an idiot and COVID must have destroyed your taste buds. Aldi own brand digestives taste like the old recipe of McVities Digestives at 1/3 of the price!
A lot of times people don’t even use the entirety of a product they pay for. Shrinkflation can essentially just cut that part out. Even if you eat 100% of something, your brain was probably satiated after eating 80%, the rest is excess.
For stuff like candy you won’t notice a missing gummy bear or two. You’ll get the same satisfaction.
Earlier quoted context omitted.
This is also common in the US. Example below. Top row is blurry but bottom row shows “per ounce” price on the bottom right. Tiny print and I imagine barely anyone actually shops that way. I’m guessing there must be some US requirement for this otherwise I’m not sure why it’s commonplace. https://supersafeway.com/wp-content/uploads/2016/08/Screen-S...
> I imagine barely anyone actually shops that way. This feels so foreign to me; I largely ignore the overall price and shop by unit prices within a reasonable size range.
Earlier quoted context omitted.
Sure. Starvation is more deadly than obesity however, and globally more prevalent.
https://www.who.int/news-room/fact-sheets/detail/obesity-and... >In 2016, more than 1.9 billion adults, 18 years and older, were overweight. Of these over 650 million were obese. >39% of adults aged 18 years and over were overweight in 2016, and 13% were obese. https://www.who.int/news/item/06-07-2022-un-report--global-h... >The number of people affected by hunger globally rose to as many as 828 million in 2021 I wou…
> Around 2.3 billion people in the world (29.3%) were moderately or severely food insecure in 2021
It’s easy to talk on a forum like this, where the median salary is massive compared to global/country median, that poor people shouldn’t be able to afford as much bad food. I think when you do so you’ve lost touch with the average person who is affected by things like shrinkflation.
I don’t get it, would people rather pay higher prices up front? A lot of times people don’t even use the entirety of a product they pay for. Shrinkflation can essentially just cut that part out. Even if you eat 100% of something, your brain was probably satiated after eating 80%, the rest is excess. For stuff like candy you won’t notice a missing gummy bear or two. You’ll get the same satisfaction.