crazy 1984

Cameras can have physical shutters if needed

It’s only for your protection. /s

kali is great for that!

Did you see the inflation going down drastically between the period of july 2014 and jan 2016? This is not about the oil only!

The text said Innovation drives inflation up! So funny! Actually Innovation drives inflation down: Think when we need to send a letter and now we just send a text message, much less resources included!

Yep, innovation means prices understate the true level of inflation. Eg: If technology reduces costs by 5% and the CPI measures 2%, then the real rate of inflation is at least 7%.

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.

The demand of digital cameras is down with new iPhone. Someone buy one new thing and do not on other, this is inflation neutral.

Yeah. I was thinking more about some things that are completely new. My examples aren’t the best.

You'd have sent a tiny fraction of the messages you text now. Plus, you must include the hidden cost of all intermediate machines and infrastructure. I am not sure if it could end with a draw...

On only one interaction maybe you is correct. But not on 1B interactions.