The point is not that it stops people from buying things, but that on a macro scale it will cause people to delay or dampen their consumption. Sites like http:/

The point is not that it stops people from buying things, but that on a macro scale it will cause people to delay or dampen their consumption. Sites like http://buyersguide.macrumors.com/ http://buyersguide.macrumors.com/ show this phenomenon exists, the question is how much of an effect it has when it's a few % yearly discount spread out over every good and service.