Consumers have long been warned they were going to be pushed to the “point of pain” in order to curtail their spending. It seems like we’ve finally reached it.
Yeah, this isn’t an inflation problem, it’s a corporate greed problem. Prices have doubled for a lot of this stuff, sure, but quantities have halved, plus the little bit that’s left is packed with awful tasting fillers. Money aside, why would anyone keep buying smaller packages of worse tasting junk food?
Americans are ‘hunkering down’ and buying less food as inflation bites, one grocery giant says—instead they’re raiding their freezers (fortune.com)
Consumers have long been warned they were going to be pushed to the “point of pain” in order to curtail their spending. It seems like we’ve finally reached it.