Dagens Nyheter: Europe was covered by a shrinkflyation wave

Show original
iStock Inhabitants of the countries Europe even more often face that the weight or volume of goods becomes less. As Dagens Nyheter is noted, this phenomenon is called a shrinkflyation. The term Filippa Malmgren thought up in 2009 the former adviser President of the United States George W. Bush Jr. In her opinion, similar change of goods is a sign of approaching sharp strengthening of inflation. With such the West already faced in the 1970th years. Now history repeats itself. Inflation conducts to higher expenses of producers. Not to be ruined, those or raise the prices of the goods, or reduce the sizes...