Deflation from technology, but prices still increase.
In this episode, Aaron and Trishul discuss deflation due to improvements in technology. They use computers, TVs, and cars as analogies for real estate, education, and healthcare. Even if prices of new cars aren't going down, it's the benefits and value that have driven the increases in prices. They guess how it may be possible for the cost of education to trend toward zero, while a four-year university can continue to outpace the CPI.
Our Economy: What is Technology?
The Great Deflation of Computer Prices
Deflation
Inflation
Big Mac Index
Lumber
Cheap TV?
New Car Inflation
Solar Panels over Time
Population Growth Rate
Online Learning Platforms
Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Bay Area Financial Planner with GraystoneAdvisor.com, and Trishul is an East Coast Wealth Manager (InvestingForever.com). MindMoneySpectrum.com and YouTube.