People routinely spent over $1,000 on computers, cameras, video cameras, etc and a phone does all of those things well. You can read about how inflation is cal

People routinely spent over $1,000 on computers, cameras, video cameras, etc and a phone does all of those things well. You can read about how inflation is calculated, it makes sense: https://www.bls.gov/cpi/questions-and-answers.htm https://www.bls.gov/cpi/questions-and-answers.htm