A report by consumer group, Which?, finds that many groceries are sneakily being sold in smaller quantities without a commensurate reduction in price. Best selling author and former member of the President’s Working Group on Financial Markets, Pippa Malmgren, has dubbed this phenomena — ‘shrinkflation.’ Double Down asks her to explain the inflationary warning behind shrinkflation.
Honey, I Shrunk the Groceries!!
11:24 GMT 10.05.2016 (Updated: 12:48 GMT 10.05.2016)
Honey, I Shrunk the Groceries!!
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On today’s episode of Double Down, hosts Max Keiser and Stacy Herbert are joined by best selling author, Pippa Malmgren, to discuss ‘shrinkflation:’ when deflation in grocery packaging size masks real inflation in prices.
