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I don't see how 'hidden' inflation could be fixed by higher interest. A favorite example (a widespread tactic, don't mean to single out the industry) is keepin

I don't see how 'hidden' inflation could be fixed by higher interest. A favorite example (a widespread tactic, don't mean to single out the industry) is keeping the price of groceries down by putting less product in a nearly identical package, with the 'new' weight nearly invisible ... or slowly substituting cheaper ingredients (hence quality) which the long-time customer is less unlikely to notice. I'd bet most of us could name names.

wcoenen 3y ago
Price inflation via shrinking packages is not hidden. It is measured and represented in inflation indices like the CPI. https://www.bls.gov/opub/btn/volume-12/measuring-shrinkflation-and-its-impact-on-inflation.htm https://www.bls.gov/opub/btn/volume-12/measuring-shrinkflati...
switch007 3y ago
> I'd bet most of us could name names. Yes, anlmost every product and every retailer here in the UK ! “New packaging, same great taste” ! Grapes used to be 500g. Now they vary between 400g and 500g Butter in smaller shops is 200g instead of 250g. Plus hundreds of other examples