Author Topic: Is Hyperinflation On The Horizon?  (Read 167036 times)

Offline ExGingi

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« Last Edit: April 10, 2022, 12:40:58 PM by ExGingi »
I've been waiting over 5 years with bated breath for someone to say that!
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Offline Euclid

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Offline ExGingi

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Re: Is Hyperinflation On The Horizon?
« Reply #1182 on: April 10, 2022, 04:41:26 PM »
https://darchecha.substack.com/p/pre-pesach-frum-consumer-price-index

Pretty meaningless. No seasonal adjustment. I bought eggs for $1.17/dz. IIRC during COVID-19 eggs were distributed for free (along with blue milk), so that's real hyperinflation!  :P
I've been waiting over 5 years with bated breath for someone to say that!
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Offline AsherO

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Re: Is Hyperinflation On The Horizon?
« Reply #1183 on: April 10, 2022, 04:46:52 PM »
DDF FFB (Forum From Birth)

Offline avromie7

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Re: Is Hyperinflation On The Horizon?
« Reply #1184 on: April 10, 2022, 04:56:43 PM »
There’s no chance this person’s sampling is representative 3.6%?
over 2.5 months? That's pretty steep.
I wonder what people who type "u" instead of "you" do with all their free time.

Offline ExGingi

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Re: Is Hyperinflation On The Horizon?
« Reply #1185 on: April 10, 2022, 06:47:10 PM »
There’s no chance this person’s sampling is representative 3.6%?

over 2.5 months? That's pretty steep.

DDF and man on the street virology and epidemiology ideas look like PhD works compared to this inflation index.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline ExGingi

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I've been waiting over 5 years with bated breath for someone to say that!
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Offline Euclid

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Re: Is Hyperinflation On The Horizon?
« Reply #1187 on: April 10, 2022, 08:53:47 PM »
https://darchecha.substack.com/p/pre-pesach-frum-consumer-price-index
DDF and man on the street virology and epidemiology ideas look like PhD works compared to this inflation index.
The author is writing these articles to bring the unique frum economic issues to the public forum, and galvanize a push for better data. This negative reaction is likely part of his strategy. 

Offline Lurker

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Offline Joe4007

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Re: Is Hyperinflation On The Horizon?
« Reply #1189 on: April 12, 2022, 04:57:03 PM »
You know inflation isn't transitory when an 8.5% headline doesn't generate a single post in this thread...

Offline ExGingi

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Re: Is Hyperinflation On The Horizon?
« Reply #1190 on: April 12, 2022, 05:35:08 PM »
You know inflation isn't transitory when an 8.5% headline doesn't generate a single post in this thread...

https://twitter.com/MetreSteven/status/1513864945531863041
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Offline ExGingi

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I've been waiting over 5 years with bated breath for someone to say that!
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Offline aygart

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Re: Is Hyperinflation On The Horizon?
« Reply #1192 on: April 25, 2022, 08:44:19 AM »
Reuters: Indonesia's palm oil export ban leaves global buyers with no plan B.
https://www.reuters.com/business/indonesias-palm-oil-export-ban-leaves-global-buyers-with-no-plan-b-2022-04-25/
Feelings don't care about your facts

Offline yuneeq

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Re: Is Hyperinflation On The Horizon?
« Reply #1193 on: April 25, 2022, 08:49:05 AM »
Shrinkflation without shrinking the can. My favorite pet peeve. ETA: Better to call it something like decepflation


« Last Edit: April 25, 2022, 08:54:48 AM by yuneeq »
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Offline Euclid

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Re: Is Hyperinflation On The Horizon?
« Reply #1194 on: April 25, 2022, 09:03:00 AM »
Shrinkflation without shrinking the can. My favorite pet peeve. ETA: Better to call it something like decepflation


Is the weight on the label different? If not, there's probably legal recourse.

Offline avromie7

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Re: Is Hyperinflation On The Horizon?
« Reply #1195 on: April 25, 2022, 09:15:09 AM »
Shrinkflation without shrinking the can. My favorite pet peeve. ETA: Better to call it something like decepflation


Standard pesach packaging.
I wonder what people who type "u" instead of "you" do with all their free time.

Offline yuneeq

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Re: Is Hyperinflation On The Horizon?
« Reply #1196 on: April 25, 2022, 09:25:23 AM »
Standard pesach packaging.

And year round for spices. Cover 90% of the container with label and fill to 50%.



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Offline aygart

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Re: Is Hyperinflation On The Horizon?
« Reply #1197 on: April 25, 2022, 10:33:23 AM »
These pictures look somewhat extreme, but in general, I have been in plants packaging powder products and saw that when they are filled they are close to the top with some room to prevent spillag at which point they are weighed to ensure proper product quantity. By the time it reaches the end of the line there is already very noticeable settling that occurred and when buying it retail the container looks like it was underfilled.

Specific to spices, many companies want to keep a uniform container size and uniform pricing and simply adjust the fill to account for the differences.
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Offline jye

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Re: Is Hyperinflation On The Horizon?
« Reply #1198 on: April 25, 2022, 11:08:01 AM »
It’s an old problem called slack fill in the industry. It is deceptive and illegal both by federal and most state law but cases are rarely prosecuted and won. Consumer reports used to have Black Hole awards where readers would submit the most outrageous examples.

The are actually halachos in choshen mishpat regarding this. If it is not possible for the consumer to discern the missing product prior to purchase, AND the item commonly has more product it is likely mekach ta’us as nd actionable in beis din. If one started to use the product after opening it would get into a complex machlokes among the rishonim and poskim.

https://www.consumerreports.org/cro/magazine/2012/06/selling-it/index.htm

https://www.consumerreports.org/media-room/press-releases/2009/12/packages-that-are-full-of-air/

Offline yuneeq

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Re: Is Hyperinflation On The Horizon?
« Reply #1199 on: April 25, 2022, 11:15:17 AM »
These pictures look somewhat extreme, but in general, I have been in plants packaging powder products and saw that when they are filled they are close to the top with some room to prevent spillag at which point they are weighed to ensure proper product quantity. By the time it reaches the end of the line there is already very noticeable settling that occurred and when buying it retail the container looks like it was underfilled.

Specific to spices, many companies want to keep a uniform container size and uniform pricing and simply adjust the fill to account for the differences.

Saying good, but I haven't seen this from non-Jewish brands. Nor should they cover the entire container with a label, leave space to see the actual contents.
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