Arva, Ontario | "I skate to where the puck is going to be, not where it has been.” – Wayne Gretzky I believe I am seeing inflation today. Who woulda thunk 'The Great One', as known in hockey circles, could offer insight to business schools. Aside from the visible indicators, energy, steel, lumber, skilled labor, there's been a lot of sneaky inflation. If you pay attention to package sizes and weights of a lot of grocery items, there's been a bunch of inflation. By sizing down with the same price, suppliers have essentially increased the price. If the 'statistician' is only looking at the price of a bag of chips, block of cheese, package of cookies, or container of coffee, and not paying attention to the weight, the item has shrunk, but the price is the same... "Nothing to see here folks, move along, move along..." I believe a lot of inflation has and is happening under our noses, despite what the ruling elite and academia are telling us. However, we will all be in a green utopia, and it wont matter. ********* Ken |