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Price deflation has slowed down for computers. Sales are going to go through the roof! /s
Post Body
"We were promised jetpacks and flying cars, and all we got was this lousy chart"
The chart they are referencing: Price index, computers and peripheral devices
This is my jab at those who say price deflation is bad and say: "If the item is cheaper tomorrow then why would you buy it today?"
To which I retort, "Why do sellers sell in an inflationary environment when they know they can get more tomorrow?"
I'm of course ignoring the better argument that deflation can be bad for people who are heavily leveraged. Inflationary monetary policy is like being addicted to a drug. Withdrawal sucks.
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