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Clocks prices have gone up since 2020. Unless a cheaper better way to make clocks has emerged inflation causes prices to grow.
by ipaddr 8mo ago
Clocks prices have gone up since 2020. Unless a cheaper better way to make clocks has emerged inflation causes prices to grow.
- fooker 8mo agoLuxury watches have gone up, 'clocks' as a technology is cheaper than ever. You can buy one for 90 cents on temu.
- ipaddr 8mo agoThe landing cost for that 90 cent watch has gone way up. Shipping and to some degree taxes has pushed the price higher.
- pas 8mo agothat's not the technology of course it's silly to talk about manufacturing methods and yield and cost efficiency without having an economy to embed all of this into, but ... technology got cheaper means that we have practical knowledge of how to make cheap clocks (given certain supply chains, given certain volume, and so and so) we can make very cheap very accurate clocks that can be embedded into whatever devices, but it requires the availability of fabs capable of doing MEMS components, supply materials, etc.
- simianwords 8mo agonot true, clocks have gone down after accounting for inflation. verified using ChatGPT.
- ipaddr 8mo agoYou can't account for inflation because the price increase is inflation.
- simianwords 8mo agothis is not true
- pas 8mo agoyou can look at a basket of goods that doesn't have your specific product and compare directly but inflation is the general price level increase, this can be used as a deflator to get the price of whatever product in past/future money amount to see how the price of the product changed in "real" terms (ie. relative to the general price level change)
- peaseagee 8mo agoYou cannot verify anything using a tool that cannot validate truth.