The cheapest TV at Best Buy is $60; if this is after a 98% price drop the cheapest TV in 2000 would’ve been $3000. (If you were a child or not yet born back the

The cheapest TV at Best Buy is $60; if this is after a 98% price drop the cheapest TV in 2000 would’ve been $3000. (If you were a child or not yet born back then: TVs were not that expensive.) Rather, the size/quality floor has increased in a way that allows a facile analysis to claim a 98% reduction in price by comparing (eg) the cost of a top of the line plasma TV from 2000 to a cheap LED TV of the same size today. https://www.bestbuy.com/site/searchpage.jsp?browsedCategory=abcat0101001&id=pcat17071&qp=currentprice_facet%3DPrice%7E0+to+100&sp=Price-Low-To-High&st=categoryid%24abcat0101001 https://www.bestbuy.com/site/searchpage.jsp?browsedCategory=...