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Thread: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

  1. #21
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    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by greyhat View Post
    This article may highlight a common practice amongst consumer goods manufacturers; however to relate it to inflation is a bit of a stretch, at best it is statistical noise.

    The most common measure of inflation is the CPI, which is an index that measures the change in price of a "market basket" of consumer goods and services; however the methodology used factors out such noise. This is because the index is actually comprised of multiple indexes for multiple categories across multiple areas.

    I'm not arguing that what the article says doesn't affect people's wallet over time; however to say that this masks inflation measures isn't accurate. There plenty of other services where you "get more" and "pay less" now, computers for example. The average computer today is cheaper and more powerful and with more gizmos included than a decade ago.
    Perhaps, but what matters the prices of products sold as "luxuries?" You don't need a computer...I lived more than half my life without one. It's good for my job and I am glad one is there. It's fun to play on, like I am now. But I don't need it. What I need is food, clothing, shelter, hygiene products to keep me healthy, etc. I go to stores and see I'm paying more for less when I buy the things I need.

    The fact that things that keep me entertained are cheaper? Sounds like how old Rome handled their citizens...plenty of circuses and make sure they get a little bread every now and then. That'll keep em calm.
    If I stop responding it doesn't mean I've conceded the point or agree with you. It only means I've made my point and I don't mind you having the last word. Please wait a few minutes before "quoting" me. I often correct errors for a minute or two after I post before the final product is ready.

  2. #22
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    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by Captain Adverse View Post
    Never fear, the apologists always come out with some excuse to show that you are not really getting less quality than you used to pay for...it'll all come right in the end.
    You want to make a bet on that? No one's going to say anything of the sort.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

  3. #23
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    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by pinqy View Post
    You want to make a bet on that? No one's going to say anything of the sort.
    You already did... geez. Don't bother with me, I don't care what you think.

    Wow, I just learned how to use the ignore function...my first ever ignore. Learn something new every day.
    Last edited by Captain Adverse; 07-26-13 at 09:22 AM.
    If I stop responding it doesn't mean I've conceded the point or agree with you. It only means I've made my point and I don't mind you having the last word. Please wait a few minutes before "quoting" me. I often correct errors for a minute or two after I post before the final product is ready.

  4. #24
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    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by Captain Adverse View Post
    You already did... geez. Don't bother with me, I don't care what you think.
    When a valid statement contradicts your belief system, ignore them! Might as well add me to that list....
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  5. #25
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    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by Captain Adverse View Post
    Never fear, the apologists always come out with some excuse to show that you are not really getting less quality than you used to pay for...it'll all come right in the end. Of course you are still paying for cheap crap with essentially worthless money so it's all good right?
    If it still sells and increases your profit is that not a sound business decision? You focus on the "greedy" producer and not the stupid consumer. If these reduced value/quantity products still sell well at the non-reduced price then who is the one responsible for that?
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

  6. #26
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    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by ttwtt78640 View Post
    If it still sells and increases your profit is that not a sound business decision? You focus on the "greedy" producer and not the stupid consumer. If these reduced value/quantity products still sell well at the non-reduced price then who is the one responsible for that?
    People with limited cash and limited choices maybe. For example, if you can't find a product with the right price the suggestion is to shop around till you do right? But in order to do so you have to expend resources to go to different locales to find these lower prices...using funds either for gas or public transportation. So there go the savings you were seeking when you find the lower priced item. Spending quarters to save pennies?

    I don't put all the blame on producers. I am not a big fan of our monetary policy. I don't trust money that has no intrinsic value because you can print as much as you want of it, which in turn reduces it's purchasing power as people lose faith. It's like a shallow version of post-WWI German printed money with nothing to back it up only in that case there was absolutely NO faith in it. We still have faith because our government seems strong and dependable but that's all it is, our continued trust it's worth something. What ever happens if we start thinking "my tangible whatsis cannot be exchanged for your intangible piece of paper?"
    Last edited by Captain Adverse; 07-26-13 at 11:17 AM.
    If I stop responding it doesn't mean I've conceded the point or agree with you. It only means I've made my point and I don't mind you having the last word. Please wait a few minutes before "quoting" me. I often correct errors for a minute or two after I post before the final product is ready.

  7. #27
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    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by Kushinator View Post
    When a valid statement contradicts your belief system, ignore them! Might as well add me to that list....
    I'm still trying to figure out how he thinks I came out with "some excuse to show that you are not really getting less quality than you used to pay for." That's a puzzler. I don't think he actually reads anyone else's posts, just skims to see if it is lock-step with his own assertions and then decides what the opposing argument must be and argues against that.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

  8. #28
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    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by Kushinator View Post
    When a valid statement contradicts your belief system, ignore them! Might as well add me to that list....
    This is not the first time I've seen you volunteer to be placed on someone's ignore list. Instead of making a production out of it, why don't YOU ignore people and then everyone is happy. Ya think?
    If I stop responding it doesn't mean I've conceded the point or agree with you. It only means I've made my point and I don't mind you having the last word. Please wait a few minutes before "quoting" me. I often correct errors for a minute or two after I post before the final product is ready.

  9. #29
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    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    I've been buying groceries on a regular basis for about 40 years and I've witness virtually every product shrink in size in order to maintain its price-point on the shelf. And if you ever see something that's "New and Improved", rest assured that it's reduced in size - another good scam is "Concentrated" when it comes to laundry detergent, etc.

    While fast food and other restaurant meals get "jumboed" up, real or made-at-home meals get more expensive to put together. No wonder the average low income North American is ballooning in size when it's more economical to eat at McDonald's than eat at home.
    "Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." William F. Buckley Jr.

  10. #30
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    Re: HIDDEN INFLATION - "Fewer Sheets Needed to Get the job Done"

    Quote Originally Posted by Captain Adverse View Post
    This is not the first time I've seen you volunteer to be placed on someone's ignore list. Instead of making a production out of it, why don't YOU ignore people and then everyone is happy. Ya think?
    Perhaps if you put more effort in understanding the topics you wish to discuss, you wouldn't have to defend nonsense positions against experts in these particular fields.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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