I loved the story part Sir that will be 250 thousand dollars for the next three minutes That could be reality one day, I mean of course not in 20 years because even in 20 years the three minute conversations won't be that expensive but lets take a look at the previous 20 years and what people have come so far.

Since the year of 2000, people on average had to endure 2% inflation in USA. That means every year put up 2% on top of the thing you want. That means no matter what you had to become richer by 2%+ in order to not lose value in the things you own. Now houses of course made the most leap until 2008 but since than there has been a bit of drought, prices did dropped a bit and than went up again a bit but the volume has been issue.

Salaries didn't increase at all compared to 60+ years ago let alone 20 years ago, the salaries stayed around the same or just a bit more whereas inflation is increasing. Investments made huge leaps but than crashed at 2008 and than made another huge leap and crashed this year. Basically while inflation was going on, people didn't get richer to cover the difference.