If you read the economic news, you'd have this impression that falling prices or deflation is "bad" for the society. Really now?
Below is an example of "GOOD" deflation, where you get more value for your money; as seen through the evolution of computers-not just in terms of prices but importantly in the quality of the product!
From 4 Block world,
(hat tip: Professor Mark Perry)
Below is an example of "GOOD" deflation, where you get more value for your money; as seen through the evolution of computers-not just in terms of prices but importantly in the quality of the product!
From 4 Block world,
(hat tip: Professor Mark Perry)
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