| july 20 2008 | | KD. | Kraft announced it's results this morning and beat market estimates.
The Talking-Heads couldn't work out how Kraft were able to beat analysis estimates with the increased input costs of their product, particularly cheese and pasta. Everyone is aware of inflation in the cost of food except our governments who ignore it lest it scare people into realising they are responsible for inflation by printing money with no increase in production and therefore robbing the working man.
What these extremely clever people missed I could have told them. Kraft sell their KD for the same or slightly increased prices which look like there is little inflation. The con is they reintroduce new packaging while at the same time reducing the amount they put in each packet. Stealth price increases like this are used all the time by food companies to disguise price increases.
Less product, higher price, multiplied by the millions of items work out to a huge increase in revenue. This is what the experts won't tell you. Inflation is robbing you. Your money is worth less and less until the two words come together and your money is worthless. Buy gold.
| | Respond... |
|
|
 |
|
