That's why instead of raising the price of a new game to $70, They just added more microtransactions. I mean they tried raising to 70 but people wouldn't have it, but microtransaction just gets the "aww shucks" treatment.

They call it the gig economy, but if they were being honest they would call this the nickel and dime economy.

Prices are driven by figuring out what the meeting point between the maximum someone will pay for a product or service, and how many people will pay for a product or service at a very low price.

If a company sells widgets at 100 dollars a piece, would they make more money if they were sold for 90 dollars a piece or 110 dollars a piece? They may move fewer at 110 dollars a piece but would the difference in price make up for it? It's hard to say, and a great deal of time and money is spent on figuring out what price will produce the greatest return on sales.

Imagine you're on a team trying to pinpoint this number and suddenly, over night, every single person in your market has 2000 extra dollars to spend. Great! A boon to sales is sure to come, and with it, because demand has increased, so to must cost, because the supply has not changed.

Now imagine you're a competitor, you also sell widgets but you've been selling them for 90 dollars all this time. All of a sudden, you can't keep shelves stocked. And you notice a competing widget selling for 110 dollars a piece!! It's essentially the same product, and you're moving them so fast, and people have 2000 extra dollars to spend, you bump the price up to match it. Because the supply has gone down, the prices must increase.

More spending means higher prices. Universally. You're living in an era with some of the worst inflation we've ever seen, and you have the audacity to suggest companies wouldn't raise their prices when people have more money to spend?

My brother in Zenu, they're raising prices when people have historically little to spend. Supplemental income for all Americans means money in our pockets that they believe belongs to them. You, the consumer are an obstacle between them and their money, and they'll bleed every cent they can out of you. UBI is painting a big sign on everyone's head that they have more money to spend, of course prices will go up to match.

It’s absolutely insane what they charge. Another example is an MRI

I had an MRI done a few months back. I took probably max 30 minutes of the machine’s time. My bill was $5000. Fortunately insurance covered all but $200, but collectively it raises all of our insurance rates when a hospital charges $5000 for an hour test.

I did some math. A new MRI is 1 million to 3 million dollars. We’ll go on the upper end of 3 million.

Let’s say they do 8 MRIs a day.

They make $40,000 a day per MRI A 5 day work week they bring in $200,000/week $800,00/ month

That MRI is paid off in 4 months.

I get there’s other expenses. Rent is a few thousand a month. The techs probably made $20 a piece while I was there. There’s definitely maintenance on the machines. But come on? $5,000 for an MRI?

Let’s go a little deeper and see why the actual machines are so expensive. Are they actually that expensive or is GE, Siemens, Phillips making a huge markup?

I don’t hate capitalism like a lot on here, but I believe our needs health, education, housing, electricity needs to be highly regulated and it should not be for profit.

Also sorta unrelated but not really, but I love bringing up that Corporations should not own single family housing.

They raise prices knowing we aren't making any more money, now imagine what they'll do when they know everyone has a lot of extra money to spend?