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LOL, the blog gives a lot of detailed reasons, even summarizes it [1] and but some random stranger gives an outdated opinion from the '90s, which is not even wr
by npalli 8mo ago
LOL, the blog gives a lot of detailed reasons, even summarizes it [1] and but some random stranger gives an outdated opinion from the '90s, which is not even wrong just plain humorous. If slave labor, how come everything else is also not so cheap.
[1] Virtually all the major mechanisms that can drive efficiency improvements — improving technology and overlapping S-curves, economies of scale (including geometric scaling effects), eliminating process steps, reducing variability and improving yield, advancing towards continuous process manufacturing — are on display here
- websiteapi 8mo agohuh? it is all cheaper relatively. which exported good from china is more expensive now than the 90s adjusted for inflation? it's literally what the graphs in the article say... increased efficiency and what I am saying are not in contention.
- jacobthesnakob 8mo agoWhy are you putting the onus on the commenter you’re replying to, to show you examples that disprove the point of the article when you’re the one being a contrarian? TVs are super famous as the economic example of a good getting cheaper in nominal terms every year as they get better specs. Because it’s such a strange phenomenon. You looking for cheaper real goods, opposed to nominal, misses half (or more) of why TVs are so interesting. Why don’t you show us some other goods that are cheaper in nominal terms compared to the 90s “because China”?
- websiteapi 8mo agoI included a link that explains this. Anyone who thinks things becoming cheaper without mentioning china is delusional.
- jacobthesnakob 8mo agoYou linked a macroeconomics paper. You’re asking for examples from microeconomics. Are you going to provide your example products or do you get off on disproportionately wasting other peoples’ time?
- websiteapi 8mo agoThe article itself already provides them with the TV… you can use cell phones too if you’d like. A palm pilot vs a Xiaomi. Virtually any electronics junk that you’d find on Amazon is cheaper now. What’s the common factor…? China. Again, in the paper.
- spockz 8mo agoBasically almost anything electronic? Camera’s, microphones, wireless microphones, battery packs, etc.? Plethora of kids toys all made in china. Most of them are crappy throway, so whether they are really cheaper than the quality toys you can play with for longer… Then, I noticed that some frozen salmon in our supermarket was mega cheap at €9/kg, as opposed to the more standard €14-16/kg, and the country of origin???? China.