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Comment CDs are a luxury item. (Score 4, Insightful) 337

I quote from the article:

Also interesting is that, as the price of CDs increase, shipments increase. This trend is not nearly as strong as the former, and is only based on a decade of data provided by the RIAA. Possible explanations for this trend include that CDs are a luxury item--unlikely, I should think--or that the economy's rise during this period (1990-2000) lead to an increase in spending.

What, is this guy crazy? Of course CDs are luxury items! When I was flush with my phat geek paycheck, I was buying CDs like there was no tomorrow. When I got laid off last year, what do you think one of the first things I stopped buying was? CDs, of course! I can live without the latest White Stripes CD, I can't live without making my mortgage payment and buying food.

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