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The issue at hand is the return on investments, not the value of goods and services. I still purchase technology because the value of having access to that tech
by mikedouglas 15y ago
The issue at hand is the return on investments, not the value of goods and services. I still purchase technology because the value of having access to that technology exceeds the current cost - the resell value. No one is buying warehouses of Galaxy Tabs, expecting for a positive return a year from now, and if normal investments (for example, the capital required to build the Galaxy Tab) which normally have a positive return assuming 2% inflation suddenly become outstripped by deflation, then no one will invest.