this post was submitted on 16 Mar 2024
93 points (97.0% liked)
Games
16758 readers
746 users here now
Video game news oriented community. No NanoUFO is not a bot :)
Posts.
- News oriented content (general reviews, previews or retrospectives allowed).
- Broad discussion posts (preferably not only about a specific game).
- No humor/memes etc..
- No affiliate links
- No advertising.
- No clickbait, editorialized, sensational titles. State the game in question in the title. No all caps.
- No self promotion.
- No duplicate posts, newer post will be deleted unless there is more discussion in one of the posts.
- No politics.
Comments.
- No personal attacks.
- Obey instance rules.
- No low effort comments(one or two words, emoji etc..)
- Please use spoiler tags for spoilers.
My goal is just to have a community where people can go and see what new game news is out for the day and comment on it.
Other communities:
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's not inflation - it's price gouging by corporations. Wages aren't going up nearly as quickly as corporate profits.
It's definitely inflation. Normally, we see around 2% annual inflation.
Here's what it's done recently in the US:
https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm
It's not as bad as it was in 2022 and early 2023, but it's still high relative to the norm.
That's not necessarily bad; it was in significant part driven by the Federal Reserve holding rates down during COVID-19. If that hadn't happened, there might have been a recession, lot of people losing jobs back then.
And then 5 trillion more were dumped in by congress. Half during the Trump admin and almost that much under Biden's