Rachel Wolfe
speaker
900 appearances
20 recordings
1 series
first heard Mar 2022
last heard May 2024
Rachel Wolfe’s voice in public audio — every appearance, attributed to the second.
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Appearances
We'll see it as money.
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the new price for a cup of coffee.
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The best medicine in this case is just time.
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It might not happen tomorrow or in a few weeks or months, but eventually people's perceptions of how much something should cost will come back in line with reality rather than prices coming back to meet people's expectations.
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I heard some crazy stories.
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This was within three years of getting this appliance.
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Today, large appliances have many more sensors and switches that their 10-year-old counterparts mostly lack.
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So the inside of these machines has become much more complicated, both to be more energy efficient and also to meet demands from consumers who want smart machines that can do more than ever before.
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Everything from the ability of an oven to heat up on your commute home to refrigerators that can produce symmetrical ice cubes.
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You name it, they seem to have dreamed it up.
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And they also use a lot less power and water than they once did.
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There are much tighter energy efficiency standards than there were just a few years ago.
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And manufacturers have to meet those standards in order to sell their products.
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So it's an interesting discrepancy between how much appliances cost right now versus how much people are spending every year on them.
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So American households actually spent 43% more on home appliances in 2023 than they did a decade earlier in 2013.
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And that rose from an inflation-adjusted average of $390 a year to $558 a year.
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However, at the same time, prices have actually gone down.
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So they're down about 12% over that same decade.
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And all the experts I spoke to said one reason for the discrepancy could be a higher rate of replacement.
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People might be spending less on the individual appliances, but needing to replace them more.
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Showing 161–180 of 900 · page 9 of 45
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