It’s not just rising prices that are doing a number on Americans’ wallets. Now, we’re not even getting our money’s worth.
“Shrinkflation” is the practice of charging the same amount — or even more money — for less of a given product. And U.S. Sen. Bob Casey (D-PA), chair of the Senate Subcommittee on Children and Families, says it's also a major driving force behind rising prices of goods and services and strain on budgets.
