# Deflation, digital (digital deflation)

- Canonical URL: https://www.gerhardmerk.de/deflation-digital-digital-deflation
- Post ID: 590913
- Modified: 2023-07-25T20:59:14+00:00
- Language: en

## Definition

The fact that the price of what is perhaps the most important raw material today, namely information, has fallen steadily in recent decades. All goods that come into contact with digitalization are falling in price, although most of them are even improving in quality. For example, Apple launched the iPhone in 2007 for $599; a year later it still cost a third of that price (in the meantime, users may benefit from a variety of new functions and lower costs for existing iPhone and its substitutes). - See service provider, knowledge-based, service inflation. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1
