matteo on Nostr: I honestly think we’re at the point where you’re looking closer to 4-5x the price ...
I honestly think we’re at the point where you’re looking closer to 4-5x the price tag if you’re looking for sturdy products that will hold up. Just depends on when you’re comparing the price of the product from.
This is the fucked up part- From a buying power standpoint things have actually gotten cheaper on average, the number is an illusion, inflation is just a symptom of debasement.
From the lens of buying power, that the same thing you’re paying a 400% premium on is probably worth the same amount in the price in ‘1990 dollars’ (let’s say a premium product was $100 then, and $400 today) and other more ‘affordable’ products in the same category are likely just cheap garbage, or it’s the ‘same’ product made with lesser quality, AKA garbage.
Sorry for the rant but I recently got to number crunching and ran some figures on this exact topic, it was pretty eye opening.
🤙
Published at
2025-02-09 10:26:25Event JSON
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"content": "I honestly think we’re at the point where you’re looking closer to 4-5x the price tag if you’re looking for sturdy products that will hold up. Just depends on when you’re comparing the price of the product from.\n\nThis is the fucked up part- From a buying power standpoint things have actually gotten cheaper on average, the number is an illusion, inflation is just a symptom of debasement. \n\nFrom the lens of buying power, that the same thing you’re paying a 400% premium on is probably worth the same amount in the price in ‘1990 dollars’ (let’s say a premium product was $100 then, and $400 today) and other more ‘affordable’ products in the same category are likely just cheap garbage, or it’s the ‘same’ product made with lesser quality, AKA garbage.\n\nSorry for the rant but I recently got to number crunching and ran some figures on this exact topic, it was pretty eye opening.\n\n🤙",
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