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Game prices are too low, says Capcom exec - Eurogamer
(www.eurogamer.net)
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Maybe not the best comparison considering in the past couple years inflation on food has been artificially inflated due to corporate greed.
I wouldn't mind paying slightly more for games if the money was actually going into developers pockets.
All that being said though, unless it's a very specific title, I've been waiting for sales for the past decade. I only buy a game or two for full price a year (usually Nintendo because they rarely do sales)