I recently had to order some O1 Tool Steel and found that one supplier’s price had almost doubled in 3 months.
A 1/2 gallon of ice cream shrunk to 1.5 quarts a while back. Tuna cans are smaller.
Inflation has been going on for a while, but it’s just been cleverly “hidden” by creative packaging. I think it’s now going to be totally “in your face.”
In Australia, inflation is calculated by leaving out transport costs and food costs. Apparently, they are so "volatile", that they cannot be included.
Isn't that a joke? And most other nations have these "creative" ways of doing the figures.
“A 1/2 gallon of ice cream shrunk to 1.5 quarts a while back. Tuna cans are smaller.”
I mentioned that very thing to my parents about a month and a half ago.