Current articles about inflation, together with “Nov. knowledge elevate hopes for alleviating inflation” [front page, Dec. 14], are nicely and good when taking a macro have a look at inflation. Lacking in such discussions is whether or not costs will fall from inflated highs. Additionally lacking is the impact of shrinkflation — much less in a package deal for a similar or greater value. I ran throughout this on Dec. 14. The field of ice cream I normally purchase shrank from two quarts to 1.5 quarts and is now 1.44 quarts, however the value is identical. The honey I purchase elevated to $12.50 from $9. These are simply two examples of inflation’s results.
Although the president tries to be upbeat when discussing inflation, he and his advisers, and the teachers who examine and report on inflation, must get out and see what we’re coping with in the true world.
