[LMB] No lefties in the Nexus

Marc Wilson marc.wilson at gmx.co.uk
Sun Oct 6 23:55:19 BST 2019


On Fri, 4 Oct 2019 17:58:33 -0400, Damien Sullivan
<phoenix at mindstalk.net> wrote:

>On Fri, Oct 04, 2019 at 01:41:05PM -0400, Fred Smith wrote:
>> On Fri, Oct 04, 2019 at 12:09:04PM -0500, Tony Zbaraschuk wrote:
>
>> > One may also note the assumption that things will always stay out of reach
>> > of the poor.  Over the long term, prices tend to drop -- one of the ways
>> > medicine advances is getting rich people to pay for untested things,
>> > and those which pan out often drop in price and therefore affordability.
>>
>> but, unfortunately, the value of a dollar (euro, yen, won, whatsis)
>> tends to drop too keeping some things forever out of reach.
>
>No, in general purchasing power has increased.  The price drop of techs
>maturing is faster than the purchasing drop of modest inflation.  This
>is why cars and computers and smartphones are common.

But there will never be a Bugatti for everyone.
--
Do not feel envious of the happiness of those who live in a fool’s
paradise, for only a fool will think that it is happiness.
  - Bertrand Russell


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