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In response to
"If I pay $1 for a hot dog and the vendor raises it to $1.50, that is also a 50% increase, but its also $.50."
by
Guy
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the percentage is a way of comparing it to any other rate increase. if the hot dog all of a sudden cost you $7, you wouldn't be saying "it's only six
Posted by
dogbert
Jul 13 '11, 18:46
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bucks", you would be saying it's a big increase. it's a big increase for netflix too. I for one still feel it's worth it, but that is irrelevant to this discussion
saying it's a 50% hike is not some conspiracy to inflate what the increase is, it's just a fact
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