Far too many people apparently. New phones every year or more often. Apple products built with the intention to prevent their repair. I was reflecting on the i

Far too many people apparently. New phones every year or more often. Apple products built with the intention to prevent their repair. I was reflecting on the increasing gap recently between price and quality. If inflation were the cause of increased prices the expectation is that quality would stay the same. Quality is going down however. Where is that difference going then? Shareholder pockets. What is the value of hoarding all that cash? If the Fed didn't print more there would not be enough currency liquidity in the market. This is what we see today. Deflation is staved off only through QE. It should be through incentives to spend, but there are too many incentives to hoard.