Monday, February 2, 2015

Computer prices are example of Good Deflation

Computer prices have been deflated all along. We get so much more out of our computer for $1,500 than you ever used to get out of it for $1,500. There's more computing capability in my iPhone for $500 than there was that launched the moonshot. And how much did we pay for that? That is a perfect example of perfect, good deflation."