this post was submitted on 03 Dec 2025
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Static lower prices might, but deflation does not. If prices will be lower tomorrow or next week, it's wiser to hold on to your money and buy later.
Sounds good in theory, but I don’t think that holds up in practice. For example, computers getting more affordable and powerful year by year didn’t stop people from buying them.
If the price is lower than the opportunity cost of NOT having it, people will buy it now, even if the product will be priced better next year.
It absolutely delay people buying. If you held out for 6 more months, you'd get a substantially faster computer. Thats the second variable you're introducing with this example. If your current computer was "fast enough" you'd wait, and people did.
That describes most of my life, under Moore's Law.
I handled it in the traditional way: I bought what I wanted, and then I immediately cussed about my shitty timing to my friends the next day.