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> Then show me the profit margins? If they just pocketed all the money, where did it go? [ Insert set of news clips of various billionaires and their billions that they've gotten ever more of ] > I'm pretty confident this is one of those situations where as soon as I start to lay out out examples, they'll immediately be dismissed I mean, I'm going to take issue with these since they're all examples of video games which were, when I was a kid, an emerging medium. Like that's basic economies of scale, not to mention the cost of all computers have fallen substantially, why would video-games be exempt from that? And if you're anticipating that kind of response, why don't you pick more cut and dry examples? Groceries, rent, healthcare, childcare... Hell, try it with books. Books are CERTAINLY cheaper to produce today than they've ever been, and I'm not even counting e-books. The cost of living has outpaced wages for decades, and the idea that "competition drives prices down" is a myth that only survives in Econ 101 classrooms and libertarian subreddits. |
Yeah, I figured you wouldn't have an actual response.
We were talking about grocery stores. Feel free to show me the massive profit margins that grocery store companies have on their products that they apparently are all massively overcharging us for. That's your thesis, so it shouldn't be hard to find the data.
> I mean, I'm going to take issue with these
A reminder that what you said was:
> NEVER. In my LIFE. Have I seen this in action.
> Literally every single category of product that I buy is more expensive now than when I was a kid.
So I provided multiple examples against your "NEVER" that you immediately shrugged off. I'd be lying if I said I was surprised.
> not to mention the cost of all computers have fallen
Wait, so you just lied before? Why?