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Comment by justonceokay

If you watch The Price is Right episodes from the 80s, it is clear that household items have only had mild inflation. Many items are prices a little lower than today but not outrageously so.

On the other hand, the quality of the items is often much nicer. So someone might win a $500 desk, but that desk is hand-made out of hardwood. Today you can still buy a $500 desk but it will be IKEA quality. A product of comparable quality would cost many $k

Airline tickets are a very clear-cut example of this. Tickets are cheaper than they were in the ‘90s (even with inflation) but you get a lot less for that ticket than you did 30 years ago

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