In the 19 sixties, humorist art bookwalt sounded an ominous alarm in a column titled package inflation. He took a dig at the american industry for devising new methods to make the product smaller while making the package larger. While we're busy looking at prices increasing, we probably are missing how the products we consume are shrinking in size. When service companies are forced to offer a relatively poor experience, at the same price, you experiencing what many people call shadow inflation.
In October last year, you asked us to talk about stagflation and we did! It’s an environment where high inflation and low economic growth can wreak havoc on society and while there are murmurs that stagflation may be just around the corner, there are other more immediate inflationary risks that should probably concern us. So in today’s episode for October 25th, we talk about this and more.