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Joined 1 year ago
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Cake day: July 5th, 2023

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  • Shrink flation is a form of price gouging because it’s deceptive.

    Before inflation hit I bought the same brand of chips for over a year. The company both raised the prices and reduce the size of the container.

    Effectively raising the price on me twice while hiding half of the price increase.

    Once I saw that they had reduced the size of the bag of chips by 20%, and had tried to price gouge me, I switched to a different brand of chips.

    Some inflation is going to happen naturally and I accept that. But this was not natural inflation where corporations had to raise the prices. It was greed.

    The initial price increase was enough to cover inflation. The rest went to shareholders. If the price increase had been fair, they wouldn’t have hid it behind shrinkflation.