Hey Satsmate Stackers,
Over the past several decades, we have been witnessing more and more Americans become food-insecure and food-starved in this country. It all comes down to production, supply, and demand issues, corporate greed, and the corruption in our food supply.
Things in this country are more abundant than ever for those who have great means, but are more scarce than ever for those living paycheck to paycheck/ those in a lower class. I think this is something we can fix as a country, and in this podcast today, I will talk about the numerous ways in which our food has been declining in quality:
- Went to Frys the other day, your layman's grocery store
- Discussion of the steak that was bought (standard sirloin strips)
- The meat was fake, filled, tasted like it was pumped with water, and very fatty
- Still, it cost us over $15 for almost a pound
- Living in Shrinkflation - Getting Less for the Same Money (9.75 - 7.75)
- Inflation - Price hike on the respective goods
- Skimpflation - using lower quality ingredients and giving the appearance that all is the same
- Quality Degradation - I.e. more air in your Cheetos bag, or thinner bread slices
- Concentrationflation - Requiring use of more of something (i.e.soap)
- Package Redesign - Taller and skinnier products, but they can’t fit as much in them
- Drip Pricing - I.e. paying for your bags when you are at Sprouts, etc.
- All these things converge to make our food worse, make our dollar stretch less, and lastly enrich shareholder value further
- All these methods above are meant to enrich shareholder value, leaving you with much less
- We do it with everything to feed our kids, Sodexho, and a very young age, which is corporate slop
- As we get older, we do it ourselves with Sysco… Most restaurants end up using the same wholesaler; they just have a slightly different spin on it
- The food supply is completely controlled, and we just play along
- You can look at the slop bowl trend
- You can look at the fast food trend
- You can look at all the stuff going on with Trader Joe's, Listeria, Salmonella, and more
- Boars Head, or Campbells
- Food deserts are everywhere. We have the most food in the world here, but most of it is junk that keeps us sick, and still
- Refocusing ourselves on what matters more, and that is buying farm-to-table, going to farmers' markets, supporting local, and opting out of big food altogether
- The nastiest steak I have ever eaten will become a thing of the past if we stick by this.
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Best Regards,
SatsMate Stack
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Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L
Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing. With investing,
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