https://gyokuro.dev/en/tags/6p-cheese/Recent content in 6P Cheese on Gyokuro Timehttps://gyokuro.dev/images/gyokuro-avatar.pnghttps://gyokuro.dev/images/gyokuro-avatar.pngHugo -- 0.147.9enTue, 14 Apr 2026 11:00:00 +0900https://gyokuro.dev/en/posts/shrinkflation-state/Tue, 14 Apr 2026 11:00:00 +0900https://gyokuro.dev/en/posts/shrinkflation-state/A wedge of Japanese cheese has lost 40% of its weight over 70 years while the packaging stayed the same. Japan's economy has done exactly the same thing. Nominal GDP swells, tax revenue hits records, and the contents – real wages, disposable income, the actual quantity of goods in consumers' hands – keep shrinking.