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#greedflation

10 posts8 participants0 posts today
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Kevin Karhan :verified:

I'd rather want a #honest #MSRP than a effectivley unavailable one.

  • OFC I don't expect a board partner to accept a margin of just $4, but it would be easier to accept a 5% higher MSRP than having no stock at MSRP.

And yes, I blame #AMD, #nvidia and #intel doing #Greedflation against #consumers because I'm very certain they don't sell #silicon at cost for a fixed price per unit depending on the order size, but rather charge a cut of the sold model (similar to #ARM does nowadays for their #licensing)...

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#stopbuyingabovemsrp
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Kevin Karhan :verified:

As #GamersNexus pointed out: This is #Greedflation!

There is no other explaination re: 42% above #MSRP for #GPU|s that ain't having hands-on customer support for extreme overclocking!

  • Like those were absurd but one could at least justify the price with the added cost of having to basically pre-pay at least 1 hour (if not multiple hours) of labour for a spechalized technician that walks people through on #extreme #overclocking!
www.youtube.com- YouTubeEnjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
#extreme#overclocking
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RaymondPierreL3

Another great article from Greg Jericho in The Guardian. One of the grwphs that caught my attention was the Household Spending in December 2024 (see article) it shows household spending catching up to the long term trend after the worst economic effects of the pandemic. It also occurs during the #RBA ’s heavy-handed cash rate hikes to, supposedly, ward off #inflation (which is in its remit). So household spending, according to the RBA is inflationary if left unchecked. Whereas we all know (because it has been reported many time by reputable economists - such as Greg, of course) that greed was the cause of #Greedflation. Prices rose undeservedly so after a fall in profits due to lockdown. That is, inflation was caused by corporations trying to recoup their putative losses and the households of #Australia were penalised for the lack of regulations on market profits and the insufferable tax subventions afforded the coprorate markets.

There are lessons to be learned here which will go unheeded by the electorate. Right wing govt (or centre right for that matter) is about securing profits for #Corporations . What the rest of us get are #Crumbs to keep us in place - that in a nutshell is #NeoLiberalism

Read more: theguardian.com/business/grogo?

The Guardian · The Reserve Bank should be looking at these numbers and wondering why it waited until February to actBy Greg Jericho
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