• A_Random_Idiot@lemmy.world
    link
    fedilink
    English
    arrow-up
    173
    arrow-down
    3
    ·
    1 year ago

    Spreading rumors of price hikes, to justify later price hikes and quell customer outrage over it.

    Capitalism 101.

    • roofuskit@lemmy.world
      link
      fedilink
      English
      arrow-up
      30
      arrow-down
      1
      ·
      1 year ago

      They all cut way back on manufacturing last year due to the price drops from significantly reduced demand. So it’s 100% expected that prices will go up because they’ve created a reduced supply.

        • roofuskit@lemmy.world
          link
          fedilink
          English
          arrow-up
          6
          ·
          edit-2
          1 year ago

          There’s an unofficial open for everything these days, food, medicine, computer components, etc… there’s a handful of companies that corner the market for everything now and they all are perfectly happy matching supply and pricing.

      • 4lan@lemmy.world
        link
        fedilink
        English
        arrow-up
        4
        arrow-down
        1
        ·
        1 year ago

        so they are treating computer parts like diamonds now? Faking supply shortages to increase demand, therefore prices?

        Capitalism is so efficient.

        • roofuskit@lemmy.world
          link
          fedilink
          English
          arrow-up
          1
          ·
          1 year ago

          The graphics card market the last few years has really shown how much money there is to be made doing that. If they all reduce supply together or there simply isn’t anyone setup to compete with them, they can make a killing.

      • scottywh@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        I think they’re underestimating how long reduced demand can continue… Especially when they make things even less affordable.