Re: New every Two - Downgrade

The Ghost of General Lee wrote:
On Wed, 26 Apr 2006 19:49:06 GMT, "Quick"
<quick7135-news@xxxxxxxxxxxxxxx> wrote:


I can't think of any other example of this phenomenon.
Where a fairly common piece of high tech equipment
has become to be thought of as an inexpensive, disposable
item.


Quick, you must not be old enough to remember when the first portable
digital calculators came out in the 70's.;-) I think my father paid
over $200 for one that today's equivalent can be bought at any dollar
store.


But I don't think thats what he meant. He is saying that something with a higher real value is thought to be worth much less.

In 1970 the $200 calculator cost $200 for everyone to buy because there was no subsidy.

But suppose in 1970 you could get the calculator for say $75 if you had a certain amount of funds in your banking account. You get get a replacement calculator every two years if your relationship continued with the bank. Many people would think that the calculators value was $75.

.

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