Quote:
Originally Posted by HarryT
Precisely - that's why I said "in real terms". If a CD costs $15 now, and was also $15 20 years ago, it actually now costs about a third of what it did 20 years ago in terms of your "buying power".
|
That may be true to a large extent - inflation computations are trickier than simple money to money because many things, including houses, cars.. improve dramatically over time - but it's beside the point. The price of music fell through the floor recently as did the price of news, of encyclopedias and lots of other stuff.
The music industry is starting to recognize it and adapt rather than fight a losing battle - one that brings then hate from tons of people who otherwise would be big the perfect customers.