Monday, February 2, 2009

India to Follow $2,000 Car with $20 Laptop

Scientists in India are planning to produce a laptop computer for the price of about $20, having come up with the Tata Nano, the world’s cheapest car at about $2,000, reports FT.

It's important to keep in mind that deflation is a good thing, it improves the buying power of a currency. That said, it should be noted that government is all about propping up prices. That's what the Federal Reserve is all about, and it is what the "stimulus" package is all about. The government is inflationist because they get newly printed money first, along with their "control's, the oligarch's. It's the average American that gets screwed by getting new money late in the game.


  1. The difference between the car and the laptop is this: one is an actual, drivable vehicle designed by a private company; the other is a nearly useless brick invented by tax-eating bureaucrats:

  2. Thanks for the update and the fascinating link. It is interesting how MSM, this time The Financial Times, do the PR leg work for government, and the truth has to be found out independently.