this post was submitted on 01 Sep 2023
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[–] NENathaniel@lemmy.ca 2 points 1 year ago (1 children)

Governments mandating lower prices when taxes are raised won’t go well either. They’ll simply lower the quality of the goods and the same price

[–] devrandom@lemmy.ca 3 points 1 year ago (1 children)

Absolutely agree. "Shrinkflation" is already a real problem used by many companies to give the appearance of not raising prices.

[–] streetfestival@lemmy.ca 3 points 1 year ago* (last edited 1 year ago)

Also 'skimpflation' - like reducing the proportion of expensive ingredients or reducing the quality of ingredients