641
$6.2B in profit wasn't enough: Nvidia hikes GeForce Now prices for Canada and Europe
(www.theregister.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 19 Oct 2023
641 points (97.3% liked)
Technology
60105 readers
1980 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
People are still paying these prices. All industries are booming. Taylor Swift’s Eras Tour made like $750M. Most countries went overboard on stimulus spending during covid. To the tune of trillions of dollars. That money is still slowly making its way into the economy. I think it will take years to normalise. In the mean time, US debt is at $33T and climbing fast, meaning we should expect QE at some time in the future, exacerbating inflation further.
The prescribed solution to this mess is crystal clear: higher taxes AND reduced spending. Both. At the same time. Very important. Otherwise we should expect inflation and rates to remain high for the foreseeable future.