> I understand the orthodoxy, but the computing industry has had four decades of overwhelming deflation and has been quite vibrant the entire time. This is an

> I understand the orthodoxy, but the computing industry has had four decades of overwhelming deflation and has been quite vibrant the entire time. This is an interesting point I haven't thought of. Perhaps the reason it happens with the computer industry is that the utility of digitization is so high that the impetus to do the work now usually outweighs waiting for a cheaper price. Thanks for the insight, though. It has changed how I view this issue.