Is Greed Causing Shrinkflation?

Andrew Heaton fact checks Elizabeth Warren's claim.


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President Joe Biden and Sen. Elizabeth Warren (D–Mass.) are blaming corporate America for "shrinkflation," where a company charges the same amount for a product while reducing the product's size or quantity. Recently, Senator Bob Casey (D–Pa.) introduced the Shrinkflation Prevention Act, which declares shrinkflation a deceptive business practice and would forbid companies to engage in it.

Casey, Biden, Warren, and other like-minded politicians maintain that the underlying cause of shrinkflation is "greed." But, as Andrew Heaton explains, greed is pretty much constant across industries and time periods. Shrinkflation is just a passive-aggressive form of inflation, which we are struggling with largely due to government fiscal policy.

Photo credit:  Flickr; Brett Jordan, Flickr. 


  • Andrew Heaton: Host, Writer
  • Austin Bragg: Producer, Editor
  • Meredith Bragg: Producer
  • John Carter: Producer