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Copper Catcher
Administrator
    
 USA
2092 Posts |
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Neckro
1000+ Penny Miser Member
    

Saudi Arabia
2080 Posts |
Posted - 05/25/2009 : 19:19:49
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| I noticed it on the cereals. But not much on the boxes/cans of other foods. |
Trolling is an art. |
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Country
1000+ Penny Miser Member
    

USA
3121 Posts |
Posted - 05/25/2009 : 20:25:22
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This article is dead on. Just check the half gallon ice cream box you buy. It's now got 48 oz. of ice cream in it - where did the extra 1/2 quart go ? Notice the canned goods - all of them are getting smaller by 1/2 oz. increments. Cat food - No longer 6oz, now 5.5 oz. It's everywhere to be found in your grocery store. The boxes and packages are getting smaller every few months. Those of you who have wives, I'll bet she knows all about this! |
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Edited by - Country on 05/26/2009 09:20:33 |
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Nickelless
Administrator
    

USA
5580 Posts |
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slickeast
1000+ Penny Miser Member
    

USA
2533 Posts |
Posted - 05/26/2009 : 00:45:08
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So ya'll are just figuring it out. I work in a grocery store and have been stocking shelves since 1989. I have seen it more in the last 3 years than I have over the previous 17 years. Totinos pizzas use to be the size of a large plate. Now they are about thr size of a saucer.
I remember about 2 years ago when one of the cereal companys cut the size on almost all of their boxes.
Just noticed that Classico spaghetti sauce just went from 26oz to 24 oz....for the same low price.
15 ounce cans of veggies instead of 16.
This way they can leave the prices the same and still pull the same profit. I don't like it because it is deceptive. Thay will plaster 20% more all over a package but not 10% less. |
You don't have to be the BEST you just have to be.......SLICK
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CoinHunter53562
1000+ Penny Miser Member
    

USA
1805 Posts |
Posted - 05/26/2009 : 09:35:57
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Nice article. I have known about this for a couple of years since I like food! Seriously though, some deflationists will argue that inflation for everyday goods is not happening, but what's the difference if you pay $5 for 5 ounces, or $5 for 4.5 ounces? Alot of people wouldnt notice the 1/2 ounce decrease and just assume the price hasnt gone up, but the price per ounce (or price per unit) is going up and many have no idea about this. It's good to raise awareness of this.
It reminds me of airline tickets. Last year I had discussions with friends about how airline tickets werent going up per se, but all the extra fees were (2nd checked bag costing $50 for example, or $5 for a snack box when they used to serve snacks for free).
I think there is a term in economics related to this called hedonics, but maybe someone here knows more about this subject. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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Neckro
1000+ Penny Miser Member
    

Saudi Arabia
2080 Posts |
Posted - 05/26/2009 : 10:51:33
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| I used to love those crackers the airlines gave ya when you flew to europe. Now it's nothing. =( |
Trolling is an art. |
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Copper Catcher
Administrator
    

USA
2092 Posts |
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wholelottabon
Penny Sorter Member


USA
76 Posts |
Posted - 05/31/2009 : 17:56:35
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| half gallons of Nestle Chocolate milk are now coming in 56 oz package |
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Gresham
Penny Pincher Member
 

184 Posts |
Posted - 05/31/2009 : 21:28:51
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| That is why we do all our shopping by the ounce. In many stores the ounce prices are listed with, so that we are always comparing oranges with oranges. Unless the quality itself is going down. |
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