Well… while the price of the Switch 2 certainly causes sticker shock, when you adjust for inflation it’s only about as expensive as the SNES was at launch and is in fact cheaper then the NES was at launch. However, in the PS3’s case when adjusted for inflation it was about 1.5 times as expensive as the SNES at launch (for the 20 gb version, the 60 gb was double).
Comment on Switch 2 Sales Reportedly Struggled Over The Christmas Period
carotte@lemmy.blahaj.zone 1 day ago
nintendo is having its PS3 moment
a comically overpriced console with few interesting exclusives made by an arrogant company high on the success of its predecessor
Sludgehammer@lemmy.world 1 day ago
towamo7603@lemmy.world 21 hours ago
Now adjust for wage stagnation.
Janx@piefed.social 5 hours ago
This tired old argument completely ignores the fact that consumer purchasing power was much higher back then. Everything costs a higher portion of our paychecks now, especially housing, healthcare, and education.
Cromer4ever@lemmy.world 1 day ago
When I got my PS3 as a gift, I thought it was beautiful in its time, but no, it’s like the Switch 2 xD
UnfortunateShort@lemmy.world 23 hours ago
Isn’t the Switch 2 is cheaper in today’s money than the PS3 was without a decade of inflation?
Lfrith@lemmy.ca 19 hours ago
How relevant is inflation when cost of living has gotten so inflated that the idea of home ownership went the way of renting. So if anything in today’s money eating costs can hurt the wallet even more with how essentials are eating up more disposable income.
People bring up inflation as though salaries have kept up like NBA salaries have kept up due to their strong union. But, for every day people salaries have stagnated in relation to cost of property, rent, utilities, and food.
UnfortunateShort@lemmy.world 13 hours ago
“How relevant is inflation, considering there is so much inflation that…”
echodot@feddit.uk 12 hours ago
Inflation is the measure of how much buying power your money is worth. We just stagnation is we just not keeping up with inflation.
Wage stagnation isn’t a result of inflation because inflation happens first. So yeah when working out the equivalent price of a product inflation needs to be taken into account but so does how much money everybody has.
If $1 in 2005 is worth $15 today, but I still only get $6 an hour then it isn’t correct to say that a product that cost $15 today is effectively the same as a product costing $1 in 2005 because it’s not taken into the fact that I don’t get more money.
SupraMario@lemmy.world 1 day ago
Don’t forget that rents their old games back to you, which is why they’re so against emulation.