Jason shows more proof from his daily life that inflation/shrinkflation is getting much worse in just the last few months. In economics, shrinkflation is the process of reducing the size or quantity of a product while the price of the product remains the same or slightly increases. In some cases, the term also indicates the lower quality of a product or its ingredients while the price remains the same. The word "shrinkflation" is a combination of the words shrink and inflation. British economist Pippa Malmgren is generally credited for inventing the term in 2009. The phenomenon is quite common in the food and beverage industry.
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason's work at his blog website at www.jasonburack.com.