3 ms·

If that argument were correct, Moore's law would destroy the computer industry as everyone would perpetually wait to buy. As this hasn't happened, it may be wo

• maaku 14y ago
  That's taking the argument to an unrealistic extreme. Rather, non-zero interest rates and resulting inflation/deflation incentivize market inefficiencies. Not a big enough inefficiency to drive an industry out of business (unless we're talking hyperinflation), but enough to be measurable consequences.
• Steko 14y ago
  As evidenced by the large number of merchants that accept semiconductors as payment for goods and services.