4 ms·
The whole electronics market is deflationary, and it's doing just fine.
by imaginenore 10y ago
The whole electronics market is deflationary, and it's doing just fine.
- colanderman 10y agoI don't see anyone seriously suggesting to use electronics as a trade medium.
- SEK3NLM 10y agoThe point is that your US Dollars, which are a trade medium, are increasing in purchasing power vs. electronics every year, yet people still buy electronics and computers. So the claim that people won't spend a currency because they can hold onto it and buy more of that same good, is debunked by the success of electronics and particularly computers and smart phones. The iPhone 7 is three times faster than the one 2 years ago. People have worked out that there's value in having the product even though a cheaper one will come in the future.
- 45h34jh53k4j 10y agonah ach, swift, amex, visa, mastercard, unionpay, ebay, paypal, venmo, facebook, wechat; wont ever catch on
- deleted 10y ago[deleted]