4 ms·

I think in the shorter term innovation does influence inflation a little bit. Like the article stated, if a product is new and offers some uniqe benefit everybo

by acilim 4y ago

I think in the shorter term innovation does influence inflation a little bit. Like the article stated, if a product is new and offers some uniqe benefit everybody will want to buy it and that will drive demand up. Like first automobiles, internet, cellphones. Probably not a huge influence but not negligible.

dellIsBetter 4y ago
The demand of digital cameras is down with new iPhone. Someone buy one new thing and do not on other, this is inflation neutral.
- acilim 4y ago
  Yeah. I was thinking more about some things that are completely new. My examples aren’t the best.