I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
Yep. Whenever anyone online says 'people wouldn't buy things if they knew they'd be cheaper next year', I respond 'why did you buy the phone you typed this on? It would have been cheaper next year!' I've never received an answer to that. Conversation has stopped stone dead every single time.
The “nobody has ever bought a computer” part is a bit of a convoluted way of explaining this phenomenon though - i had to go back re-listen to realise what he’s saying is that if deflation is not what is actually happening in computing, then almost no-one would ever have been able to afford a computer with anything near the amount of power they have now
no, he is refuting the argument that nobody would ever buy anything if it was expected to cost less next year. because in processing power terms, the cost of same amount of processing power has been going down for 60 years but people still overwhelmingly buy computers. this example goes to show that indeed people will buy things even in a deflationary environment.