Americans are ‘hunkering down’ and buying less food as inflation bites, one grocery giant says—instead they’re raiding their freezers
Americans are ‘hunkering down’ and buying less food as inflation bites, one grocery giant says—instead they’re raiding their freezers
Instead they're raiding their freezers and pantries.
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.
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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?
Yes, and I truly don't think they are accounting for shrinkflation (which has been ongoing for about 8 years now) when they calculate food inflation. The amount of money they put into engineering deceptive packaging alone must be insane.
And on top of it all, the fillers are literally trash. A lot of what Americans eat is outlawed in the EU, Canada, etc. In addition to poverty that's fueling obesity, cancer, etc. It's crazy that we keep allowing this but some rich people need to be richer so I guess it's fine, eh