theRepublic said:
This refutes the point you are trying to make. If inflation is actually higher than reported, the inflation adjusted prices of those old consoles would be even higher. Let's take the NES for example. In the US, the NES launched at $200. Since it has been 27 years, they must have used 2.84% as the inflation rate over that time to come up with $426. If we assume that number is under-reported, we can try a higher number. Let's say 3.84%. At that rate over 27 years, it would be $553 of today's dollars. |
That wasn't my point. My point was the bolded. The highest earning people have improved their incomes however the level of disposable income as a ratio compared to overall income has dropped for the majority of people over the past 30 years. So whilst the NES is relatively more expensive the income distribution was relatively flatter so it was overall more affordable than the strict inflation adjustment would imply.
Tease.