And though prices are continually falling for tech goods, people do not refrain from buying (as the myth says they will).<p>You know the iPhone you buy today will be much less next year, but you still buy because it serves a purpose for you now.<p>They only type of spending perpetually lower prices would probably decrease is speculative buying. If you don&#x27;t need a particular good now, you may wait knowing the price will fall. But this is also a good thing.