No. Consoles have never been more affordable. Deflation in technology has made consoles 65x less costly in real times. It is the currency that is pricing itself to death, not video game consoles. When using the expansion of base money to calculate inflation, instead of CPI, the average inflation has been ~8% a year since 1971. Thus, actual console prices are: - Atari 2600 (1977): $199.99 → $134.39 - NES (1985): $199.99 → $86.15 - SNES (1991): $199.99 → $54.19 - Nintendo 64 (1996): $199.99 → $38.62 - PlayStation (1995): $299.99 → $60.72 - PlayStation 2 (2000): $299.99 → $45.82 - GameCube (2001): $199.99 → $27.10 - Xbox (2001): $299.99 → $40.64 - Xbox 360 (2005): $299.99 → $32.73 - PlayStation 3 (2006): $499.99 → $50.60 - Wii (2006): $249.99 → $25.30 - Wii U (2012): $299.99 → $9.51 - PlayStation 4 (2013): $399.99 → $10.03 - Xbox One (2013): $499.99 → $12.54 - Switch (2017): $299.99 → $7.10 - PS5 (2020): $499.99 → $9.03 - Switch 2 (2025): $449.99 → $6.76 - PS5 Pro (2026): $899.99 → $13.85 - Xbox Helix (2028): $1,800.00 → $27.69 Consoles are "expensive" today because the population has been ransacked by inflation. Consoles are cheaper than ever, but we are also poorer than ever. This is why we save in #Bitcoin.
Kräftig's avatar Kräftig
Consoles are going to price themselves to death. $1200 base model!? https://news.kagi.com/s/g4u6q7
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