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742 sats \ 1 reply \ @Undisciplined OP 13 Nov 2023 \ parent \ on: Meta Econ Takeover Day 26 meta
I don't know if I want to know how they do it.
There have been several affordable restaurants we've liked that were soon shut down by the health inspector, so yeah fingers crossed for money laundering.
I prefer shrinkflation over actual price inflation.
There are two margins of shrinkflation: extensive and intensive.
  • The extensive margin is the most focused on. That's physical size.
  • The intensive margin is less talked about. It's the quality of inputs.
I'm with you on preferring extensive shrinkflation, but I'd rather have prices rise than quality drop.
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446 sats \ 0 replies \ @ek 13 Nov 2023 freebie
There are two margins of shrinkflation: extensive and intensive.
  • The extensive margin is the most focused on. That's physical size.
  • The intensive margin is less talked about. It's the quality of inputs. I'm with you on preferring extensive shrinkflation, but I'd rather have prices rise than quality drop.
Oh, interesting, didn't know that!
Yeah, definitely not less quality. Just give me less of the same quality. That helps my wallet and my body potentially, lol
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