Is price inflation actually an issue? If you bought an internet-capable computer in 1982, it would have cost you at least $1,500, and in many cases a lot more. That's the equivalent of $5,200 today. And yet, internet computers DON'T cost $5,200. Much more capable computers cost much less. How does this fit into the whole 'inflation' theory? Isn't DE-flation just as common due to technological progress?
>>540459819Shit that's not important for living (phones, computers, etc.) costs a lot less, but essentials like food and gas keep rising in price
>>540459819People selectively examine deflation in certain product categories while completely disregarding the inconvenient ones. There are additional quality of life factors that are very difficult to price in dollars so they go unconsidered when quality of life discussions occur (productive dating culture, how accepted you feel by your community, state of popular culture, quality of education and workplaces, etc.) When considering all of these factors, it is abundantly clear that we live in the most trying of times bar none.
The original PC was aimed at corporate users and priced accordingly.Home users were buying VIC-20s, Commodore 64s, Apple IIs, and similar machines that were much cheaper.With the cloud thing coming, this situation is probably going to return. Only corporations and richfags will have real computers.Everybody else will have a dinky little toy with minimal processing power that will be useful only connected to the cloud.
>The Commodore 64 launched in August 1982 with an original retail price of $595. Commodore quickly dropped the price during a fierce market competition, lowering it to $300 by mid-1983 and down to $149 by 1985.That's the 1982 equivalent of the PC you're using now, not an OG IBM PC.Modern equivalent of that would be some server/workstation with hundreds of GB of RAM and a high-end CAD video card.
>>540459819And this is before factoring in the proportionally different costs of living and taxes (all increased to today).
>>540459819There was no internet capable computer then. And for 1500 bucks the ad tells you that you just get the box to hook up a cassette tape drive and TV with a signal splitter.I set up hundred of these in the day.
>>540461946Yup. Fiat currency does that.
>>540462060Fiat currency + Racial Pluralism + Women's rightsNo society has ever survived even one of them.
>>540459819ARGH FUCKIN RETARDS KEEP POISONING THE WELL WITH THEIR NAIVETYYEAH PRICE INFLATION FUCKING MATTERS DICKHEAD, STOP GIVING NAIVE RETARDS IDEAS
>>540459819>food more expensive>housing unreachable for over 80% of population>but shit produced in 3rd world is cheap as fuckso let me get this straight>stuff everyone can live without is cheap>stuff everyone NEEDS for survival is expensiveboomers need to go to hell
>>540461946consider yourselves lucky>t. swissi keked at 14k hours for a house. lol. lmao.
>>540459819Now compare the industrial capabilities of the IT sector then and now.
>>540462019>There was no internet capable computer then. Certainly not for home users. Internet wasn't even available to normies in 1982 (it was still called ARPANET back then).The closest you could get as a home user was like a TRS-80 with CompuServe dialup, BBS or maybe a x25 gateway like Tymnet. Mostly only people working at universities could access ARPANET/CSNET in 1982.