Games

Welcome to the largest gaming community on Lemmy! Discussion for all kinds of games. Video games, tabletop games, card games etc.
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Related communities
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Video games
Generic
- !gaming@Lemmy.world: Our sister community, focused on PC and console gaming. Meme are allowed.
- !photomode@feddit.uk: For all your screenshots needs, to share your love for games graphics.
- !vgmusic@lemmy.world: A community to share your love for video games music
Help and suggestions
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- !AutomationGames@lemmy.zip
- !Incremental_Games@incremental.social
- !LifeSimulation@lemmy.world
- !CityBuilders@sh.itjust.works
- !CozyGames@Lemmy.world
- !CRPG@lemmy.world
- !OtomeGames@ani.social
- !Shmups@lemmus.org
- !VisualNovels@ani.social
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- !Cities_Skylines@lemmy.world
- !CassetteBeasts@Lemmy.world
- !Fallout@lemmy.world
- !FinalFantasyXIV@lemmy.world
- !Minecraft@Lemmy.world
- !NoMansSky@lemmy.world
- !Palia@Lemmy.world
- !Pokemon@lemm.ee
- !Skyrim@lemmy.world
- !StardewValley@lemm.ee
- !Subnautica2@Lemmy.world
- !WorkersAndResources@lemmy.world
Language specific
- !JeuxVideo@jlai.lu: French
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Isn't the Switch 2 is cheaper in today's money than the PS3 was without a decade of inflation?
Edit: PS3 was 600€, adjusted for inflation (by some random online calculator) that's about 900 today. So yeah, the Switch 2 is about 60% as expensive as the PS3 was.
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.
"How relevant is inflation, considering there is so much inflation that..."
Inflation is the measure of how much buying power your money is worth. Wage stagnation is wages not keeping up with inflation. They are not the same thing.
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.