Randahl FinkJan 2, 2025

If anyone needed additional proof that inflation is high, shoplifting has risen by 90 percent in Denmark since 2019, and seven of the top ten categories of items stolen are foodstuffs.

Source (in Danish): https://nyheder.tv2.dk/krimi/2024-12-19-optagelser-afsloerer-butikstyves-tricks-enormt-stort-problem-siger-butikker

Optagelser afslører butikstyves tricks – "enormt stort" problem, siger butikker

TV 2 har som det første medie fået udleveret en lang række optagelser af tyverier fra landets store supermarkedskæder. Se optagelserne i artiklen.

TV 2 DANMARK
Show threadTanath
@randahl that's not evidence of inflation let alone proof. It's just as easily explained by corporate greed keeping prices high.
Jan 2, 2025 at 5:38pmMastodon for Android
Show threadRandahl FinkJan 2, 2025
@Tanath when prices increase, that is inflation. The term inflation is agnostic to the cause of the price increase.
Show threadTanathJan 2, 2025
@randahl that's one kind of inflation. The other kind is the decline in the value of money, usually from increased money supply, leading to lower purchasing power. This is usually what economists mean, not "prices go up". Prices being hiked can be caused by many things, usually not inflation.