Re: Hiding a Recession
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isn't it the case that the logic used in your 2nd reply (adjusting prices for quality, productivity etc. is a "crock of sh*t") completely differ from the logic used in your first reply (that the same 99cents buys you "less" of a burger in the sense of quality and weight)? correct me if i'm wrong or misunderstood you in any way.
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::butts head in::
Computer technology will improve substantially as time passes, so you should expect more for the same price. Bacon cheeseburger technology advances rather slowly.
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why should the speed of advancement be a factor?
if inflation could be seen as getting lower quality or less of something for the same price, then why can't deflation be seen as getting more or something or higher quality at the same price? and why shouldn't those factors be taken into account when measuring economy wide price changes?
Barron
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