dfm wrote:
3 tons wrote:
rexlion wrote:
That would be one of the few things that is dropping in price these days.
I think it’s mostly due to the value of money going down…:)
3 tons
If the value of money is going down, the price of an item should be increasing!!!?
Bingo!! Suggesting nowadays, the battery’s relatively low price is ‘the exception’ (competition? market flooding? increased efficiency? over supply?)… In general Econ 101 terms, it’s not so much that the cost of goods and services keeps going UP, it’s that the value of our currency keeps going DOWN (Ugg!) due to the ongoing dilution of a nation’s monetary supply - this process can equate to a stealth form of taxation, thus the rational for (at least a lucky few :) ) COLA adjustments…
3 tons