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Yep, my point was that - when it comes to electronics - the combination of fairly low inflation with economies due to mass production, competition, diffusion, e
by jaclaz 8y ago
Yep, my point was that - when it comes to electronics - the combination of fairly low inflation with economies due to mass production, competition, diffusion, efficiency or what not, results in a substantial deflation, i.e. a "same" or "comparable" electronic device tends after a few years to cost less (in absolute price).
The iPhone is an exception as the good Apple guys managed - one way or the other - to keep the price constant or nearly constant.
Of course it remains clear that - say - US$ 1,000 15 years ago were "more" than US$ 1,000 today.