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.
[ Parent
| on HN ]
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.