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Joined 9 months ago
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Cake day: March 18th, 2024

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  • You charge the highest price you can for the people who don’t want to wait, then drop the price once you’ve run out of those customers. The temporary price of a sale creates a sense of urgency that it won’t be this cheap again for a while, and positive word of mouth from the sale customers drives more sales for a little while once it returns to full price.

    Starfield wasn’t worth $70 to me, but I bought it on sale for $45 a few months later.




  • We don’t have infrastructure to produce a lot of the components in the things we buy, and even if we did, it would inherently cost a lot more to produce than in the countries that are about to have tariffs placed on them. That the US ever was a manufacturing powerhouse was, in my understanding, a very “place and time” sort of deal after World War II. Not only were all of our competitors recovering from being bombed, but we also advanced to a services based economy very quickly, raising the standard of living beyond a point that manufacturing jobs can typically afford to support. I’m no economist though; I just watch one on YouTube, and “the middle income trap” is a frequent topic.