How to keep inflation in check: 60% annual deflation

By accident this week, I discovered that the deflation rate (yes, deflation, not inflation) on at least one important product has been 60% per year for the last six years.  On top of that, it looks to me as if the quality of the product in question has improved as well. 

Six years ago I paid $300 for a popular WYSIWYG HTML website editor.  Yesterday I paid zero for a brand new (better) one—Nvu, pronounced “n-view”.  But let’s say I paid $1, just so we can calculate a deflation rate.  That comes to sixty-plus percent deflation per year. 

I like it when that happens to stuff I want to buy.  (By the way, podcasts are priced right, too: free.)

With enough excellent products doing that in key sectors of our economy, we wouldn’t need to worry about inflation.  (I wonder if WYSIWYG HTML editors are in the Commerce Department’s inflation basket.)