>games have increased from $60 to $70
>XBox X and PS5 are both rumoured to be ~$600
How the hell are they expecting ANYBODY to make such purchases during the holiday season when the economy is so unstable and people don't have extra money lying around? And not only that, they pick NOW as the time to increase the price of AAA games?
Why are they doing this?
Do you have the poor?
It's not the actual debt but a forecast. And most of the debt is owed to Americans. Sensationalist drivel.
I legitimately can't remember the last time I paid more than $40 for a game.
That's why they're coming out with the xbox ses and the diskless ps5
Trump bucks baybeeee. Im getting one of each and only watching netflix on both because no games
Does it even matter what the public debt is? The government can just write it off. There, no debt.
US can literally just print all the money they want for as long as they are the world global reserve currency.
the fact they don't is 100% because Americans are retards.
Same. I never paid more than $300 for a console either.
This but 25.
>mike patton
woah basde i love faith n omore
>US can literally just print all the money they want for as long as they are the world global reserve currency.
No we cant
Imagine how much better gaming would be if poorfags couldn’t enjoy it
>what is inflation
Currency value is determined by demand and supply. As long as cück nations continue using US dollars, the US government can hand out Trump bucks every month and the dollar will still get stronger.
Is this what american education teaches about economics?
This is a videogame board, not "north-american politics" board.
those are decent numbers brother
If there is too much of it nobody wants it
China and Russia are pushing USD into history just by trading oil and derivatives in yuans and euros.
Games have NOT increased from $60 to $70, numbnuts. Exactly ONE company has stated their next gen version of their video game will be priced higher. And it was 2K. The company famous for ripping people off at every chance.
This, but 0.
They want it because the US government can demand that taxes be paid in it.
>dude just print moar money it's so easy poverty solved bro
I posted this in the last thread we had about finances and video gaming so sorry if this is a double post
I'm a first year teacher in the state of Arizona, which is famous for being one of the lowest paying states for education
>Pay $15,600 annually for housing costs (mortgage/HOA)
>$3,600 for all utilities at their absolute highest multiplied across the entire year (I took the highest bill I ever received and used that for an annual estimate, reality is much lower)
>$400 for internet annually
>$1200 for cellular usage (have top tier plan)
>About $480 per year in gas, but some faggot'll probably say "Hurrdurr what if you drive more durr" so double that because fuck that guy
>$1400 annually for car insurance
>$3,000 annually for food (one person)
>Throw in $5,000 annually for no fucking reason, maybe some minor car tune ups, haircut, new outfit, whatever
Even after all of that, all of my annual bills, and $5000 subtracted for no reason, I still have about $6800 left over for the year after taxes. If I can manage this, and afford literally everything I've ever wanted in spades you have no fucking excuse.
Don't ever let anyone tell you teachers don't make enough.
No, most American debt is owed to China since China keeps buying the US govt's debt.
Also, I forgot to mention, just fucking pirate. What's wrong with you?
no one is reading all this shit, shill. i'm not going to pay for games when i can just pirate them
Look at the post above yours, I advocate for pirating
TL;DR he said teachers are paid adequately
China is actually pulling out of US's debt. US went from owing $1.4T to China to owing just around $1T to China. In a few years, the US could potentially be debt free from China, or at least, have it to manageable levels. China is collecting debt and trying to get the world to use the Yuan as their reserves, and it looks like it might be the case with how volatile the US markets are.
Japan is now the #1 foreign owner of US debt.
>$1200 for cellular usage
do you get unlimited data with that?
in Germany i pay 7.99 € for 3GB of data and unlimited calling/SMS
Read a book. It's not a 'free lunch' but a rational understanding of how sovereign currency issued by country with a monopoly on it's own money actually works.
The constraint on spending is not the amount of money the US government has on hand, but the resources available in the economy for the money to be spent on.
Hint: The US government's budget is not like your family's budget, unless you have a central bank in the garage.
Yeah, unlimited data, talk, text, and it applies in Canada/Mexico so it's great for travel.
Hmm, interesting. How recent are these changes?
ah well in that case, that's pretty good.
Stick to mobile shit and f2p shit if you can't afford games, no one owes you shit.
They realized it doesn't matter and that the people who are gonna buy a console at launch don't care if the system is 400 bucks vs 500, or whatever increase.
Everyone knows that you buy your games used for a nickle a piece 5 years after release.
US debt to China peaked at '10 at $1.4T.
It was at $1.2T in 2018 and now it's $1T in 2020. China's been calling its debt back rather than collecting interest, so the US is borrowing from other nations, namely Japan. UK went from 6th in total foreign debt to 3rd.
China, for one reason or another, doesn't trust USD as the world reserve currency. If you do a bit of research, you can see that China's been buying up a lot of gold every year. They're also the #1 in mining gold.