11mo ago

Sony to raise PlayStation 5 price by 20% in Japan

8 comments

Aren't prices supposed to trend downward as technology ages?
- While thats true the Yen’s purchasing power has sank(alot), related 5 Year USD to Yen chart, showing an almost halving
  
  Yeah, Japan has some pretty crazy monetary policy
- Ah, I remember that timeline. The one where things got, what do you call it...better?
Currency crisis be like that
But did they increase their slaves' wages ?
- The minimum wage in Japan is still usually only ¥1,000 (just over $8).
  So, I would say, No.
  
  Higher than US lol
  Although I doubt anyone is getting 7.25 per hour since at that point, it is pretty much not working but just providing free labour for the benefit of the better people

8 comments