• Blibittyblah@futurology.today
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    2 days ago

    I mean that they aren’t going to fall along with the stock, that prices will remain high regardless of supply or demand, because the new world order is “you’ll pay what we say.”

      • Blibittyblah@futurology.today
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        18 hours ago

        Why? When they can just hold firm and know you’ll pay it. That’s what every business does these days. Very little is true supply and demand.

          • Blibittyblah@futurology.today
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            12 minutes ago

            Value is just a number. A number that doesn’t have the ability to close the doors to a company. They will take out millions in loans, pay themselves a healthy bonus, and continue as usual.

            An American citizen can survive for years on credit alone if they are careful. Imagine that’s measured in decades for some “too big to fail” American businesses.

    • Eldritch@piefed.world
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      2 days ago

      Oh, I absolutely agree. I’m only saying that we haven’t even stopped going up yet, and we won’t for some time.

        • Eldritch@piefed.world
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          2 days ago

          It is a pretty good laugh to see Windows 11 and all of its old system requirements. Suddenly made a irrelevant as Microsoft Scrambles trying to keep themselves relevant. At one point it was 8-16 Gigabytes of RAM was the base. Now all of a sudden there are brand new Windows 11 laptops on the market with only 4 gigs.

          And it will still be a pretty shitty experience. You might be able to run a lot of the same applications, but I can guarantee you under Chrome you’re not going to be having tabs plural open. Just tab.

          • OwOarchist@pawb.social
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            2 days ago

            there are brand new Windows 11 laptops on the market with only 4 gigs.

            That’s just sad, man…

            My 2016 Chromebook – which was shitty even when new – has 4GB of RAM.

    • OwOarchist@pawb.social
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      2 days ago

      With unstable supply/demand ratios, prices are quick to rise and slow to fall.

      Prices can go up very easily as vendors charge more due to real or perceived scarcity and others raise their prices to match because they want to increase their profits.

      Prices only go down when one company tries to undercut its competitors, though. And, of course, they only undercut their competitor’s price by a little, because they still want to make as much profits as possible. This will hopefully result in a back-and-forth competition of trying to undercut one another and steal market share from the other by offering a lower (but still profitable) price. But unless the market is extremely volatile and liquid, this back-and-forth takes time, leaving consumers to wait while the next company contemplates its next price cut.

      And that’s the optimistic scenario, assuming there’s no oligopoly and no price collusion. If either of those are in play (and they often are), then prices will only go down if a new competitor enters the market.

    • Obviouslywrong@lemmy.world
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      2 days ago

      No demand is relevant for price is just that right now the demand is 400% of supply so a decrease in demand doesn’t make much of a dent when they’ve just bought up the whole supply for a year. It will affect things in 2028.