
Misir Mahmudov: This Book Will Save You Time
Crypto Voices
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The Hidden Effects of Inflation
Shrinkflation is the idea that as more money is created for inflation, currency loses its value over time. Producers of goods and services reduce the size and quality of their products in order to somewhat maintain the prices. Snickers package which weighed 232 grams and costs 74 pence, like 0.74 bh, in just four years by 2018, its weight dropped to 167 grams, and its price rose to 1.26 pounds. The same thing happened across the board with literally everything, the top of the row, and twigs - it's happening everywhere.
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