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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (1758)	10/28/2007 8:29:19 AM
From: dybdahl	Respond to of 71462

I think you answered the question about relevance of technological developments yourself: people are more sensitive to price hikes in subsegments. When technology changes, the applications for it changes, too, and the product life time changes. For instance, environmental rules have shortened the lifetime of much furniture in many countries a great deal, and when food production is optimized for lower price, something often goes away and the body requires more food to satisfy the needs for substances, which increases the amount of money that people pay for food. In other words lower food prices mean higher food budgets, and fixed furniture prices may lead to higher furniture budgets. As everything is going high-tech, more and more products are not really comparable with similar products that are just a few years older. I can't give 20 year old food recipes to young people any more, since the raw materials have changed too much - for instance, most carrots today have too much carbonhydrates to taste well warm, so you need to change the recipes to specify low-carbonhydrate carrots. And no, not all shops here indicate what kind of carrots they sell.