So when I bought my first iPhone in 2009 for about $500 I thought it was a lot of cash for a phone. Now the new iPhone X is coming out in a few days and it will cost just about $1,300 -- under the system in which assets are calculated there has been no "inflation" in the cost of an iPhone because the telephone is so much more powerful... Its just that there's a problem with that analysis (i understand how it started) in fact, your phone doesn't do anything more than the first version (slight exaggeration). But overall you check your emails, you make your calls...new programs such as WhatsApp and Skype were introduced, but that's just a different way of communicating. In fact the only real benefit is that images are better, its got a faster processor, which is all good, but to say that the value added is worth an increase in the price of the phone of nearly $800...I find that hard to stomach. The whole value adjustment (bigger screens for your TV) started i...
Life of a Norfolk farmer