(Topic ID: 291861)

PinGreed is a cancer. Is there a cure?

By Damonator

3 years ago


Topic Heartbeat

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  • Latest reply 2 years ago by jgelman
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    #210 2 years ago

    Pinball prices. Who is to blame? The order in which the chaos came and will continue to come

    1.Covid emerges
    2.Lockdown orders cripple global Supply Chains causing Supply/Demand imbalances
    3.Lockdown orders redirect discretionary money flow from vacations to recreation
    4.US govt. panics and prints trillions of dollars
    5.US govt. panics and distributes money to millions of Americans who did not need it
    6.The two major asset classes inflate, i.e. Stocks & Housing, due to 4 & 5
    7.Americans feel richer because their assets have inflated
    8.Lockdowns are lifted, what’s left of the economy reopens
    9.Consumer options for discretionary spending increase
    10.Supply/Demand normalizes in all markets that benefited from Covid
    11.The US dollars loses buying power globally
    12.Materials and labor in US continue to increase due to inflation
    13.Pinball demand slowly decreases due to rising prices & shift in spending
    14.Kaneda wins a 5th TWIPY award!!

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