Comment on Nintendo is increasing the price of Switch in the US this weekend | VGC
purplerabbit@beehaw.org 3 days agoI think it’s Nintendo being Nintendo and in general, a company being a company. The tariffs will be used as an excuse to raise the prices but even if they’d go away, the prices won’t come down. Because why would they? They got away with it. Might as well continue.
We see this trick over and over again. Usually it’s inflation. Oh, we need to raise our prices because of inflation and then inflation goes down but the prices don’t.
Oh, we need to raise our prices because of inflation and then inflation goes down but the prices don’t.
I mean, this is literally how inflation works. Inflation rates go down, but things don’t magically become cheaper again. It just doesn’t get more expensive as quickly. If they raise prices over what you’re willing to pay, then don’t buy it. That’s how prices drop.
Is it bullshit? Absolutely, no argument there. That’s just how things work unfortunately.
jarfil@beehaw.org 3 days ago
What if inflation goes down?
Price × 1.05 × 1.03 × 1.01… is still larger than the initial price.
Unless there is deflation, prices always go up.