TWITTER Week of September 26, 2022 (see last week)
Consumer World Original
This week and next, we'll be showing you groceries that have been subject to "skimpflation." That is a new term meaning that a manufacturer has quietly reformulated a product, eliminating some expensive ingredients, and often replacing them with cheaper ones. Skimpflation is shrinkflation's evil cousin.
That is our Mouse Print* story this week.
It's an age-old question: is it worth repairing that major appliance or should you just buy a new one? Now Consumer Reports is helping to answer that question by creating this interactive chart. Depending on the appliance's age, original cost, and the repair cost, the chart recommends either repair or replacement.
With interest rates going up, savers can benefit too. Six-month treasury bills, which can be purchased for as little as $100, are paying close to four-percent interest. You buy these at Treasury Direct, the same place you can still get series I savings bonds paying 9.62% through October. Here are some more details.
A veteran of the food marketing industry, the Ingredient Inspector seeks out products that are the closest to homemade and points the finger at manufacturers that change their recipes substituting less healthy, less natural, or cheaper ingredients. This week, in conjunction with our spotlight on skimpflation, the Ingredient Inspector shows you how several products of yesteryear have been changed, and not usually for the better.
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