BabyBoomer50s
Capitalist
- Joined
- Nov 27, 2018
- Posts
- 14,619
If all you need is ink, $3K per gallon is obviously insane. But if you want to print a color page at home, it takes more than a gallon of ink. You also need hardware and paper.If you consider $3000.00 a gallon for ink as being cheap, and a benefit to society.
The relevant metric is cost per page. Today it’s about 12 to 15 cents. That’s remarkable. Especially when the need to do that is increasingly rare.
In the 1970s monochromatic dot matrix printers were the predominant way people printed, (and usually at work, not home.) Monochromatic laser printers came along at around $4K just for the device. Toner and paper extra. The first inkjet printers in the early 80s cost over $1,000.
Today you can buy a wireless color HP DeskJet at Walmart for $54. Or you simply use an app on your phone to avoid the need to print anything.
BTW, if you adjust for inflation, the per page cost reductions are even more dramatic. Capitalism has a miraculous way fostering competition and innovation for the benefit of consumers, and making monopolies irrelevant and obsolete.