The newer technology costs more than the old, but, barring ridiculous price pumps like the kind from nvidia, they’re priced around what the old technology was when it was new, thus it’s cheaper given the effect of inflation. Either way, it doesn’t negate the point that people don’t forego new technology purchases because they’ll be cheaper in a couple years or so. That goes against the argument that deflation-haters love to claim, that somehow people will wait because it’ll be cheaper. People don’t actually seem to operate like that in practice.
The newer technology costs more than the old, but, barring ridiculous price pumps like the kind from nvidia, they’re priced around what the old technology was when it was new, thus it’s cheaper given the effect of inflation. Either way, it doesn’t negate the point that people don’t forego new technology purchases because they’ll be cheaper in a couple years or so. That goes against the argument that deflation-haters love to claim, that somehow people will wait because it’ll be cheaper. People don’t actually seem to operate like that in practice.