NewsFix
Would you like to react to this message? Create an account in a few clicks or log in to continue.

English-language debate on news, current affairs, politics, ideas and more around the world.


A good way of keeping inflation artificially low.

4 posters

NewsFix :: News :: General News: U.K. and Republic of Ireland

Go down

A good way of keeping inflation artificially low. Empty A good way of keeping inflation artificially low.

Post by Andy Mon Jul 24, 2017 8:49 pm

Make chocolate and thousands of other items smaller for the same price. 
Rip off Britain rules in Tory times.

http://news.sky.com/story/shrinkflation-2529-products-are-now-smaller-but-cost-the-same-1095964
Andy
Andy
Poet Laureate & Traveling Bard of NewsFix

Posts : 6421
Join date : 2013-12-14
Age : 67
Location : Winning the fight to drain the swamp of far right extremists.

Back to top Go down

A good way of keeping inflation artificially low. Empty Re: A good way of keeping inflation artificially low.

Post by eddie Mon Jul 24, 2017 10:32 pm

A couple of christmases ago I remember people saying this about tins of chocolate, like Quality Street.
eddie
eddie
King of Beards. Keeper of the Whip. Top Chef. BEES!!!!!! Mushroom muncher. Spider aficionado!

Posts : 43129
Join date : 2013-07-28
Age : 25
Location : England

Back to top Go down

A good way of keeping inflation artificially low. Empty Re: A good way of keeping inflation artificially low.

Post by Andy Tue Jul 25, 2017 6:06 am

Its a neat way of suppressing the inflation figures and retail prices index, which of course are linked to pay and pension rises.
Andy
Andy
Poet Laureate & Traveling Bard of NewsFix

Posts : 6421
Join date : 2013-12-14
Age : 67
Location : Winning the fight to drain the swamp of far right extremists.

Back to top Go down

A good way of keeping inflation artificially low. Empty Re: A good way of keeping inflation artificially low.

Post by Raggamuffin Tue Jul 25, 2017 6:25 am

You think the chocolate companies are in league with the Government?
Raggamuffin
Raggamuffin
Forum Detective ????‍♀️

Posts : 33746
Join date : 2014-02-10

Back to top Go down

A good way of keeping inflation artificially low. Empty Re: A good way of keeping inflation artificially low.

Post by veya_victaous Tue Jul 25, 2017 7:13 am

Raggamuffin wrote:You think the chocolate companies are in league with the Government?

probably not it is just a side effect of the 'basket of goods' measure for inflation. I'd say it is more that treasury should have been aware and adjusted their measurements which they have chosen not to do, thus hiding inflation

we have the same problem down here, the basket of goods includes a 'chocolate bar' which was originally 50-60grams and has shrunk to 35-45grams, a better measure would be '100grams of chocolate' or some defined unchanging amount
veya_victaous
veya_victaous
The Mod Loki, Minister of Chaos & Candy, Emperor of the Southern Realms, Captain Kangaroo

Posts : 19114
Join date : 2013-01-23
Age : 41
Location : Australia

Back to top Go down

A good way of keeping inflation artificially low. Empty Re: A good way of keeping inflation artificially low.

Post by Andy Tue Jul 25, 2017 9:11 am

Raggamuffin wrote:You think the chocolate companies are in league with the Government?
Its a way of maximising profit without increasing turnover and having to pay more tax and VAT.
Andy
Andy
Poet Laureate & Traveling Bard of NewsFix

Posts : 6421
Join date : 2013-12-14
Age : 67
Location : Winning the fight to drain the swamp of far right extremists.

Back to top Go down

A good way of keeping inflation artificially low. Empty Re: A good way of keeping inflation artificially low.

Post by Sponsored content


Sponsored content


Back to top Go down

Back to top

- Similar topics

NewsFix :: News :: General News: U.K. and Republic of Ireland

 
Permissions in this forum:
You cannot reply to topics in this forum