Valve recently raised the price on the Steam Deck, making the handheld gaming PC cost up to $949 for the 1TB OLED model. While that's a massive $300 increase over its original price, the Steam Deck is once again sold out.
Valve recently raised the price on the Steam Deck, making the handheld gaming PC cost up to $949 for the 1TB OLED model. While that’s a massive $300 increase over its original price, the Steam Deck is once again sold out.
People are now conditioned to need INSTANT GRATIFICATION FOR EVERYTHING ALWAYS!
“I want a Steam Deck! I can’t actually afford these new prices! I’m buying it anyways!”
Then retailers see the insane prices people pay for stuff without blinking. Steam Decks sell out after a 40% markup. RAM & SSDs & HDDs sell out at 4x what they sold for a year ago. So the prices never go back down.
And everyone goes full surprised-Pikachu-face when everything is now always goddamn expensive.
As we have seen, they won’t and never will. This is arguing for gravity to stop pulling so hard.
The mechanism to fix the problem you’re describing has broken long ago and everyone stopped trying to fix it. Your money needs more choices of where to be spent, then businesses will force each other to price things reasonably. If anyone can name all the companies that make a type of product, then that is not enough companies.
Look at Temo, Tiktok, Amazon, YouTube; people are bombarded with “buy this on impulse!” every day, 24/7, through notifications. They’re urged to buy high by dozens of influencers they’re bombarded with.
So they do.
And now that’s the culture. Competition isn’t going to fix that, and doesn’t naturally arise in that kind of environment anyway.
The thing is… I’m lucky enough to be able to afford all of this. In part, because I avoid terrible-value purchases. When the price of something goes up 40 to 400% percent, I say to myself, “Wow, it’d be really stupid to buy that thing RIGHT NOW.”
Too many people apparently lack that critical judgment, and just have FOMO in its place.
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People are now conditioned to need INSTANT GRATIFICATION FOR EVERYTHING ALWAYS!
“I want a Steam Deck! I can’t actually afford these new prices! I’m buying it anyways!”
Then retailers see the insane prices people pay for stuff without blinking. Steam Decks sell out after a 40% markup. RAM & SSDs & HDDs sell out at 4x what they sold for a year ago. So the prices never go back down.
And everyone goes full surprised-Pikachu-face when everything is now always goddamn expensive.
Show some fucking restraint for once, people!
Goddamn.
As we have seen, they won’t and never will. This is arguing for gravity to stop pulling so hard.
The mechanism to fix the problem you’re describing has broken long ago and everyone stopped trying to fix it. Your money needs more choices of where to be spent, then businesses will force each other to price things reasonably. If anyone can name all the companies that make a type of product, then that is not enough companies.
Yep, you can’t fix stupid.
I posit it’s a consumer culture issue.
Look at Temo, Tiktok, Amazon, YouTube; people are bombarded with “buy this on impulse!” every day, 24/7, through notifications. They’re urged to buy high by dozens of influencers they’re bombarded with.
So they do.
And now that’s the culture. Competition isn’t going to fix that, and doesn’t naturally arise in that kind of environment anyway.
The thing is… I’m lucky enough to be able to afford all of this. In part, because I avoid terrible-value purchases. When the price of something goes up 40 to 400% percent, I say to myself, “Wow, it’d be really stupid to buy that thing RIGHT NOW.”
Too many people apparently lack that critical judgment, and just have FOMO in its place.
People really underestimate how much money other people have. $950 is expensive, but there are so many people out there who can afford that.
Our economy has been running on debt for a long time now, and debt is a bottomless pit.
Also I speculate that these were almost definitely picked up mostly by scalpers.