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Re:How Inflation Works by acilim on Saturday June 18, 2022 @11:41AM (#31790852)
I think in the shorter term innovation does influence inflation a little bit. Like the article stated, if a product is new and offers some uniqe benefit everybody will want to buy it and that will drive demand up. Like first automobiles, internet, cellphones. Probably not a huge influence but not negligible.
Re:How Inflation Works by dellIsBetter on Saturday June 18, 2022 @11:51AM (#31790965)
The demand of digital cameras is down with new iPhone. Someone buy one new thing and do not on other, this is inflation neutral.
Re:How Inflation Works by acilim on Saturday June 18, 2022 @12:11PM (#31791168)
Yeah. I was thinking more about some things that are completely new. My examples aren’t the best.