| Subject: | Re: [socialcredit] inflation | | Date: | Wednesday, March 11, 2009 15:33:30 (-0600) | | From: | Jim <jschroeder @....ca>
|
| In reply to: | Message 6448 (written by Joe Thomson) |
Hi Joe:
It doesn't make any difference to the consumer, but it makes a difference as
to how inflation is reported.
If I have a shampoo that I pay $x for 500ml, and the retailer now charges me
$x for 450ml, that is effectively a 10% increase in price to the consumer,
but the statistical agency says that the price increase is 0% because you're
still paying $x for the "same" product.
This would imply that inflation rates are grossly understated, which is what
I suspected.
Take care,
Jim Schroeder
http://social-credit.blogspot.com/
----- Original Message -----
From: "Joe Thomson" <thomsonhiyu@shaw.ca>
To: <socialcredit@elistas.com>
Sent: Wednesday, March 11, 2009 10:35 AM
Subject: Re: [socialcredit] inflation
> Would it really make any difference though? If you bought toilet paper
> that
> had fewer sheets in a roll, or shampoo, or breakfast cereal, or chips, or
> whatever, and their quantities were less in the package, wouldn't you just
> end up buying 'more' in the same given period of time to satiate your
> needs?
> The increase in cost to you over that period would still be reflected
> pretty
> well just the same, would it not?
>
> Joe
>
>
> ----- Original Message -----
> From: "Jim" <jschroeder@shaw.ca>
> To: <socialcredit@elistas.com>
> Sent: Tuesday, March 10, 2009 2:53 PM
> Subject: Re: [socialcredit] inflation
>
>
>> Thanks Keith.
>>
>> You confirmed my suspicions. If what you're saying is correct, and I
>> have
>> no doubt that it is correct, then the government is massively
>> underestimating the inflation rate on food, HABA etc... Food is an
>> essential item. These companies don't raise their prices, what they do
>> is
>> decrease their pack size, so instead of getting 500 grams, you get 450gm,
> or
>> instead of a 500 ml shampoo, you get 450ml, or instead of x amount of
> sheets
>> of toilet paper, you get x - a. It's all still the same price, so prices
>> haven't gone up according to the CPI, but if you measure the price per
> gram,
>> or ml, or whatever measurement is applied to the article, the price has
>> actually gone up significantly. Open a bag of chips, and you'll find
>> it's
>> mostly air. We pay alot of money to transport air.
>>
>>
>> Jim Schroeder
>>
>> http://social-credit.blogspot.com/
>> ----- Original Message -----
>> From: "Keith Wilde" <keithwilde@sympatico.ca>
>> To: <socialcredit@elistas.com>
>> Sent: Tuesday, March 10, 2009 7:52 AM
>> Subject: Re: [socialcredit] inflation
>>
>>
>> >
>> > Highly unlikely. Keepers of the CPI ini the U.S. (Dept. of Commerce?)
>> > have
>> > become famous in recent years for substituting hamburger for beefsteak
> and
>> > claiming that no price rise had occurred. We have a bit more faith in
> the
>> > Chief Statistician here in Ottawa, but a refinement of the kind you
>> > suggest
>> > is more than his budget would permit.
>> >
>> >
>> >
>> > At 06:15 AM 10/03/2009 -0600, you wrote:
>> >> Hello: Does anyone here know? Jim Schroeder
>> >>http://social-credit.blogspot.com/
>> >>---------------------------------------------------------------------
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>> >
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