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In the area of music, digital technology introduces a lot of deflation in the costs of both production and distribution. Over this period, how big is inflation
by artsrc 15y ago
In the area of music, digital technology introduces a lot of deflation in the costs of both production and distribution.
Over this period, how big is inflation relative to noise?
- tomp 15y agoWell, as soon as you're talking about trends, you're implicitly disregarding/smoothing the noise. Over the long term, trends are what matters, and inflation is a pretty consistent, not entirely insignificant trend.