про дефляцию
[thinking aloud] The high-tech industry has always lived in deflationary times. That is, over the last 50+ years, computing, storage, and communications kept getting exponentially better. Under the circumstances, a rational consumer would be better off if she delayed her technology purchases until it became absolutely necessary. [here we can talk about Irving Fisher's impatience theory].
What if the current deflationary situation in the West is directly linked to consumer expectations, created through years of high-tech experience, that tomorrow's going to be better than today? Also, would a new nuclear threat from Russia, besides increasing military spendings, create expectations (probability distribution) that we better consume today because there might be no tomorrow?
What if the current deflationary situation in the West is directly linked to consumer expectations, created through years of high-tech experience, that tomorrow's going to be better than today? Also, would a new nuclear threat from Russia, besides increasing military spendings, create expectations (probability distribution) that we better consume today because there might be no tomorrow?