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Skimpflation

Sustainable Minimalists

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How Do Corporations Get Away With Skimping Inflation?

Pepsico and proctor and gamble both raised their prices at the same time. The two companies reported increased profit as a result. This is skimp flation, in which consumers pay the same amount or even more for products that are less than what they used to be. Retailers offset higher costs by buying lower quality fabric,. manufacture these clothes more cheaply - leaving out the lining in the dress or coat.

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