“This fear of inflation, I think, is way overstated,” Mr. Bernanke said. “We’ve looked at it very, very carefully. We’ve analyzed it every which way.”
That’s just a load of B.S., Ben.
Correction, “It stinketh and causeth the flowers to grow, Mr. Chairman.”
Here’s what we’re dealing with in the food aisle, Mr. Bernanke.
Click here for a slide show of other products with Shrinking packages as food prices rise.
Burning our buying power Photo.
Inflation: In our shops we see it in raw materials. Copper up 159% since December 2008.
Look at these facts very, very carefully, Ben- baby.
Paying more while getting less than we used to- that’s what we call INFLATION.
We wonder just what it is that you think inflation is?
I understand what you’re saying but perhaps the silver lining is portion control?
Well that may be true for foods, but when we need a ton of copper or steel, it needs to be the full ton, not the new and improved one. Thanks for the thoughtful comment!
[…] This is what we see when we go to purchase an item at the store for the same price, but get less product. […]