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The price is the same, it has not fallen. You get a bigger TV for the same price but this is not the same thing as a lower price for the same TV, which is what
by reallydontask 7y ago
The price is the same, it has not fallen.
You get a bigger TV for the same price but this is not the same thing as a lower price for the same TV, which is what most people would recognise as lower inflation.
That's why I said it was a quirk
- jnty 7y agoThe price of a 32in TV has presumably gone down though right? And the same would surely be true of a 29in TV if you could find one. The fact that the market has moved on and you have to tweak your basket of goods is a measurement quirk, not a definition issue. It's not very different to finding out you can buy a 12-pack for as much as a 6-pack used to cost. Also deflation.