This chapter explores the concepts of shrinkflation and skimpflation, discussing how consumers are receiving less for the same price in products and ingredients. It delves into the strategies employed by companies early in the pandemic to gradually increase prices and the impact of factors like greed and corporate consolidation on inflation. The chapter also debates the idea of implementing price controls or taxing windfall profits to address exploitation during crises.
One of the things we rely on is for the companies who make the stuff we need to not stick it to us, the customer. But it’s become painfully clear that’s just what happened during the pandemic and that it’s still happening today. What can we do about it?
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