inclementimmigrant@lemmy.world to PC Gaming@lemmy.caEnglish · 5 days agoIt can still get worse: Double-digit price increase expected for RAM in the New Yearwww.pcgamer.comexternal-linkmessage-square63fedilinkarrow-up137
arrow-up137external-linkIt can still get worse: Double-digit price increase expected for RAM in the New Yearwww.pcgamer.cominclementimmigrant@lemmy.world to PC Gaming@lemmy.caEnglish · 5 days agomessage-square63fedilink
minus-squarePattyMcB@lemmy.worldlinkfedilinkEnglisharrow-up4·5 days agoAh, the free market and the conundrum of infinite growth
minus-squareaksdb@lemmy.worldlinkfedilinkEnglisharrow-up2·5 days agoIncreasing prices is a valid instrument to reduce demand. They are far beyond their capacity.
minus-squarePattyMcB@lemmy.worldlinkfedilinkEnglisharrow-up2·4 days agoBut the prices never come back down, unfortunately
minus-squareaksdb@lemmy.worldlinkfedilinkEnglisharrow-up1·4 days agoThat depends. If it turns into the other direction that they have much less demand than they produce, they have to reduce prices until enough people buy again so “it keeps flowing”.
Ah, the free market and the conundrum of infinite growth
Increasing prices is a valid instrument to reduce demand. They are far beyond their capacity.
But the prices never come back down, unfortunately
That depends. If it turns into the other direction that they have much less demand than they produce, they have to reduce prices until enough people buy again so “it keeps flowing”.
Took Econ 100 did ya?