sanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 days agoLenovo Warns PC RAM Prices Will "Never" Go Back to Normalwww.thegamer.comexternal-linkmessage-square106fedilinkarrow-up1319arrow-down111
arrow-up1308arrow-down1external-linkLenovo Warns PC RAM Prices Will "Never" Go Back to Normalwww.thegamer.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 days agomessage-square106fedilink
minus-squaregramie@lemmy.calinkfedilinkEnglisharrow-up17·12 hours agoIt’s obviously to Lenovo’s benefit to have people believe that RAM prices will not drop, so that they will not wait out the current price surge. The price will drop if supply exceeds demand, and if competition increases.
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up3·4 hours agoSupply demand economics was a great concept in grade 8, but in the real world, price fixing and monopolies rule unchecked.
minus-squareInternetCitizen2@lemmy.worldlinkfedilinkEnglisharrow-up1·edit-23 hours agoMyth vs reality type thing. A charitable thing to say is that its an incomplete theory. There are political interests to keep it that way.
It’s obviously to Lenovo’s benefit to have people believe that RAM prices will not drop, so that they will not wait out the current price surge.
The price will drop if supply exceeds demand, and if competition increases.
Supply demand economics was a great concept in grade 8, but in the real world, price fixing and monopolies rule unchecked.
Myth vs reality type thing. A charitable thing to say is that its an incomplete theory. There are political interests to keep it that way.