"The Riff" with Byrne Hobart and Erik Torenberg cover image

E20: Content Moderation, AI in Advertising, and the Future of Social Security

"The Riff" with Byrne Hobart and Erik Torenberg

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Understanding Shrinkflation and Its Impact on Inflation Measurements

Exploring the concept of shrinkflation, the chapter explains how changes in product sizes are tracked by the Bureau of Labor Statistics to measure inflation accurately. It examines shrinkflation as a tactic to subtly raise prices, discusses price discrimination in dynamic pricing strategies, and highlights how inflation is experienced differently by online-engaged individuals.

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