Numbers are nice but WHICH numbers? And what, exactly, are you measuring?
The other thing is in comparing way back to now is the kinds of items that are bought. I remember that just buying a computer terminal as a DIY kit for not a lot more money than what a lot of Walmart computers cost now means NOW has a much higher quality / power to than back then. Ditto cars – much higher quality and a lot more features (albeit, the absolute cost is more now – thanks inflation!). That, however, I bet will be in another video.
(H/T: Cafe Hayek)
