I'm not sure where you're getting "technology is deflationary" since I basically need 1 phone at least, doubling it's speed doesn't really give me any more util

I'm not sure where you're getting "technology is deflationary" since I basically need 1 phone at least, doubling it's speed doesn't really give me any more utility for the most part as I, and most people, don't really get any added benefit out of that. It also doesn't let me get by with half a phone, since a half phone is useless.