I was hesitant to use the car example exactly because of this argument. My point was if you wanted a new car you paid 3-4k. Now a similar new car would be 30-

I was hesitant to use the car example exactly because of this argument. My point was if you wanted a new car you paid 3-4k. Now a similar new car would be 30-40k. Oh sure it is all around a better car. You can however see the same approximate scale in many goods. Such as food and big ticket items (like refrigerators, lawn mowers, etc). What made cars much better is better manufacturing allowed by the use of computers (both in the manufacture and in the car). Adding a few dozen controller nodes does not add nearly 30k to the value of a car. Most of that is inflation. Before the inflation hit in the 70s my parents bought a home for about 14k. Last time I looked if they wanted to sell it was around 120-140k. I have not looked but I would take a guess that a 'used car' price would scale depending on model and usage with current used car prices and age of the car. Conspicuous consumption of goods is a interesting argument and probably worth talking about. But my point was scale and inflation.