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A comment on A fridge from 70 years ago has better features than the fridge I own now. Parent comment

Re:A fridge from 70 years ago has better features than the f... by user3939382 on Monday July 31, 2023 @10:06AM (#36942667)
There probably are a mix of factors. A big one that I see is that consumers moved away from "pride in ownership". Modern consumer culture weighs absolute price more than price per quality, so you get products that reflect that priority. Real inflation is also about double the rate of the official numbers IMHO, so the resources to invest in quality aren't as available.
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Re:A fridge from 70 years ago has better features than the f... by ffhhttt on Tuesday August 01, 2023 @02:01AM (#36952835)
> Real inflation is also about double the rate of the official numbers IMHO,

It’s funny that one reason CPI hasn’t increased as fast as nominal prices in some cases is because it also factors in the quality of goods.

e.g. modern cars are more expensive but also significantly better (they both have more features and last longer) I think this applies to a whole bunch of other products too.. I don’t know how accurate it is though, guess it depends on user preferences.

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