[carlmr]

You always have a mix. There will be growth in some markets, and inflation in others.

Humans tend to eat always roughly the same amount of food (except if they can't afford it). So food prices generally inflate with wage increases. Growth leads to bigger televisions, safer cars, faster internet being available at roughly the same price.

[eli_gottlieb]

>Humans tend to eat always roughly the same amount of food (except if they can't afford it). So food prices generally inflate with wage increases.

Quite the opposite. Over the long term, food prices have deflated, and the variety has dramatically increased of foods available at a given price and a given distance from the point of production.