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Old 05-19-2010, 04:47 PM
 
Location: San Antonio Texas
11,431 posts, read 19,021,248 times
Reputation: 5224

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Consumer inflation vanishes, a boon for borrowers - Yahoo! News (http://news.yahoo.com/s/ap/20100519/ap_on_bi_go_ec_fi/us_economy - broken link)
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Old 05-19-2010, 04:49 PM
 
Location: Michigan
412 posts, read 405,438 times
Reputation: 185
There's always going to be inflation. Except when there's deflation
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Old 05-19-2010, 04:51 PM
 
Location: NC
9,984 posts, read 10,406,370 times
Reputation: 3086
Despite what the gold merchants will tell you prices have been pretty flat and in several areas have declined since early 2008. So while there is probably some inflation it is very marginal.
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Old 05-19-2010, 04:52 PM
 
Location: Sango, TN
24,868 posts, read 24,420,633 times
Reputation: 8672
We are worried about deflation right now, thats why inflation has almost stalled.
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Old 05-19-2010, 04:56 PM
 
Location: Great State of Texas
86,052 posts, read 84,589,524 times
Reputation: 27720
Shadowstats shows about 9% or so. Sounds about right.

Caught a sample of that at the supermarket yesterday...Kraft Pasta stuff in a box (forgot exact name) had "New Packaging". New box, new design, new colors..and.....NEW SMALLER SIZE..6.6 vs 7.7oz but no change in price.

I said .."Goodbye Kraft..it was nice eating that pasta and bought the Betty Crocker version still at 7.7." I even sent an email to Kraft and said they had nice new packaging but I saw the smaller size and they should have been more upfront and said "new package, smaller portion".
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Old 05-19-2010, 05:00 PM
 
Location: San Antonio Texas
11,431 posts, read 19,021,248 times
Reputation: 5224
Quote:
Originally Posted by HappyTexan View Post
Shadowstats shows about 9% or so. Sounds about right.

Caught a sample of that at the supermarket yesterday...Kraft Pasta stuff in a box (forgot exact name) had "New Packaging". New box, new design, new colors..and.....NEW SMALLER SIZE..6.6 vs 7.7oz but no change in price.

I said .."Goodbye Kraft..it was nice eating that pasta and bought the Betty Crocker version still at 7.7." I even sent an email to Kraft and said they had nice new packaging but I saw the smaller size and they should have been more upfront and said "new package, smaller portion".
No kidding. I wish that the gov't would make them state that smaller portions/sizes prominently on their labels. There are many products that are now smaller than before.
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Old 05-19-2010, 05:01 PM
 
Location: NC
9,984 posts, read 10,406,370 times
Reputation: 3086
Quote:
Originally Posted by HappyTexan View Post
Shadowstats shows about 9% or so. Sounds about right.

Caught a sample of that at the supermarket yesterday...Kraft Pasta stuff in a box (forgot exact name) had "New Packaging". New box, new design, new colors..and.....NEW SMALLER SIZE..6.6 vs 7.7oz but no change in price.

I said .."Goodbye Kraft..it was nice eating that pasta and bought the Betty Crocker version still at 7.7." I even sent an email to Kraft and said they had nice new packaging but I saw the smaller size and they should have been more upfront and said "new package, smaller portion".
9% is about 9.7% too high at least according to the 2009 stats from CIA world factbook and 5.2% higher then their 2008 figure.

https://www.cia.gov/library/publicat...k/geos/us.html
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Old 05-19-2010, 05:06 PM
 
Location: Neither here nor there
14,810 posts, read 16,223,190 times
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Over time there will always be inflation because we have a debt based monetary system.
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Old 05-19-2010, 05:06 PM
 
Location: Great State of Texas
86,052 posts, read 84,589,524 times
Reputation: 27720
Quote:
Originally Posted by wehotex View Post
No kidding. I wish that the gov't would make them state that smaller portions/sizes prominently on their labels. There are many products that are now smaller than before.
I got my eyes out for this now...every "new package" is smaller or more full of air. It's total marketing BS
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Old 05-19-2010, 05:30 PM
 
4,127 posts, read 5,072,472 times
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Apparently the grocers didn't get the memo because they keep raising prices.
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