Cereal For The Peasants? How The Elites Use “Skimpflation” To Control Our Eating Habits
Posted by freedomforall 1 month, 1 week ago to Government
Excerpt:
"People who have been reading my analysis for a long time are well aware of my expectations on the eventual outcome of the US economic debacle: A stagflationary crisis followed by a massive crash similar to the Great Depression (or worse). I based this prediction on a number of circumstances, but primarily I went back to the history of currency devaluations and central bank policy. These kinds of things have happened before and they tend to follow a pattern that is visible today.
Specifically, I studies the 1971-1981 stagflation crisis for reference and I found some startling similarities. It was one of the worst economic declines in American history next to the depression, and it’s an event that almost no one talks about. A lot of people (specifically Gen Z) believe that our current era is the worst financial era of all time and that their generation has been shafted by previous generations.
This is inaccurate; the stagflation disaster of the 1970s was far worse. That said, it shows us where our country is eventually headed and it’s not looking good. What is a manageable economic crunch today has the potential to become a calamity tomorrow.
One issue that I’m fascinated by that usually isn’t mentioned in mainstream economic discussion is quality degradation – The way in which products, services, construction, manufacturing, style and availability tend to break down when inflation suddenly spikes. This process is known as “skimpflation” and it was rampant in the 1970s and early 1980s. Most Americans today think of the 70s as a happy-go-lucky era of disco, bell bottoms and psychedelics, but in reality it was economically dismal.
Examining real life images and footage from the decade compared to the 1950s to 1960s, there was a stark shift in the quality of life. From the quality of cars, to the quality of clothes, to the quality of housing. Some US cities (like New York or Philadelphia) looked like warzones complete with rubble strewn slums. After sky-high inflation for several years causes a doubling and tripling of retail prices along with growing unemployment rates, the environment starts to feel real ugly."
"People who have been reading my analysis for a long time are well aware of my expectations on the eventual outcome of the US economic debacle: A stagflationary crisis followed by a massive crash similar to the Great Depression (or worse). I based this prediction on a number of circumstances, but primarily I went back to the history of currency devaluations and central bank policy. These kinds of things have happened before and they tend to follow a pattern that is visible today.
Specifically, I studies the 1971-1981 stagflation crisis for reference and I found some startling similarities. It was one of the worst economic declines in American history next to the depression, and it’s an event that almost no one talks about. A lot of people (specifically Gen Z) believe that our current era is the worst financial era of all time and that their generation has been shafted by previous generations.
This is inaccurate; the stagflation disaster of the 1970s was far worse. That said, it shows us where our country is eventually headed and it’s not looking good. What is a manageable economic crunch today has the potential to become a calamity tomorrow.
One issue that I’m fascinated by that usually isn’t mentioned in mainstream economic discussion is quality degradation – The way in which products, services, construction, manufacturing, style and availability tend to break down when inflation suddenly spikes. This process is known as “skimpflation” and it was rampant in the 1970s and early 1980s. Most Americans today think of the 70s as a happy-go-lucky era of disco, bell bottoms and psychedelics, but in reality it was economically dismal.
Examining real life images and footage from the decade compared to the 1950s to 1960s, there was a stark shift in the quality of life. From the quality of cars, to the quality of clothes, to the quality of housing. Some US cities (like New York or Philadelphia) looked like warzones complete with rubble strewn slums. After sky-high inflation for several years causes a doubling and tripling of retail prices along with growing unemployment rates, the environment starts to feel real ugly."
I clearly remember crying over the price of eggs, as real nutrition (not pre-packaged garbage) was very important to me as the mom of the family. My husband had nutritional issues and of course kids need to be well fed (and mine were). I just gave up other things to make sure they got their food but it was certainly NO FUN. I was lucky, though, to live in a small town, and so the issues and problems were less prevalent.
This idea of reducing food quality is already showing itself in the physical decline of the American people. (well, worldwide, too, but right now I am concerned about America. I hate to always be screaming we're going to Hell in a Handbasket....but honestly, what other take can one have on this? I am increasingly seeing that there are, indeed, fates worse than death.
Prices rose a LOT on a continual basis from one day to the next. Gasoline was in short supply as were a lot of things due to price controls established by the government. Cars were quite bad during those years due to regulations and attempts to cut costs. Wages were kept low.
Japanese cars started making their inroads when they focused on quality. Growing up in Detroit it was a SIN to buy a Toyota. Yet my brother and best friend did. They said the MOST American thing you can do, is buy the best you can for the least amount of money.
My buddy showed me the "stats" on issues with US vs Toyota vehicles. His father worked at GM. He changed his mind when the Fiero was catching fire, and GM decided to use it as an EMPLOYEE vehicle throughout the company. LOL.
He had detailed records of all of his warranty work on his old GM cars, and compared them to the Toyota.
I currently drive an Acura. I think it's made better than most American made models. It's 10yrs old, and I believe it will last 20 more. I had my last car for 20 years (Pontiac Aztek, ugliest car ever, not a lot of problems, bought used after driving a friends and really liking the drive)
It outlived granddad (age 78 in '71) and grandma (age 100 in '96.)
Here's an interesting page about refrigerators: https://rarehistoricalphotos.com/refr...
My Mazda is 25 this year and working well except for 2 (government forced) warning lights that don't affect
driving a bit. I haven't owned a Detroit made car since '73. I have never purchased one (although I bought
a German made Mercury Capri and used it from '74 to '81.)
When we divorced in 1992, that thing was still going strong, and continued to do so at least up until about 2017 when my ex died and I lost track of it. I also remember seeing fridges just like that in my doctors' offices!
You know FFA... You are alright!
training and experience to get it done correctly
My husband and I each drive a Lexus now, and we expect them to be our last vehicles, but if we do have to purchase and can't afford another Lexus, it'll definitely be Acura for us. Great cars. And I think I've left the actual topic entirely :-)
Great to here. I've only purchased 2 new cars for myself in my lifetime. I hope the Acura is the last one. At 57, I expect it will get me to 77 or 80. Which is beyond my expiration date, LOL...
A vehicle is a utility that gets me from A to B. At my age, I can afford one that is reliable and comfortable. And with my experience of keeping them... I tend to get my monies worth out of them (Although this one was expensive enough that 20yrs was my minimum, LOL)
as they are a LOT less expensive than their americn counterparts.
just as now with the fake biden oil embargo
it is just that today gen-z has their social media to share their "stories" with each other, thinking they are solving problems that way
managers who should have been fired far too often.
Information that should have been shared was squirreled away
when it could have been used to create jobs.
Almost always the data miser was a bleeding heart socialist
who felt (s)he should be in charge.
They are the ones who impose their 'design' and ignore the
streamlining that might shift power to someone who earned it.
These Ellsworth Toohey's now control election vote counting and sit
as judges to impose penalties on any who dare to be worthy of merit.