The Picard Maneuver@lemmy.world to Gaming@lemmy.worldEnglish · 3 months agoNo sale today, sorry.lemmy.worldimagemessage-square14fedilinkarrow-up1588arrow-down17
arrow-up1581arrow-down1imageNo sale today, sorry.lemmy.worldThe Picard Maneuver@lemmy.world to Gaming@lemmy.worldEnglish · 3 months agomessage-square14fedilink
minus-squareHexesofVexes@lemmy.worldlinkfedilinkEnglisharrow-up20arrow-down1·3 months agoSo if the average price was $50 in 2000, and is about $70 today, assuming a linear rate of price increases, it would be $1663.33 in 4024. This is a terrible model: it likely underestimates as inflation is geometric rather than arithmetic. For a geometric model we have r=1.011329 over this period, thus extrapolating we get a price of… $208,200,000,000 Which is insane, because it is so low for Nintendo!
minus-squareBeigeAgenda@lemmy.calinkfedilinkEnglisharrow-up7·3 months agoAnd the minimum wage in 4024 is $2082, so it’s only the heads of Elon, Zuckerberg and Bezos that can afford it.
minus-squareHexesofVexes@lemmy.worldlinkfedilinkEnglisharrow-up2·3 months agoDon’t forget Nixon’s head!
So if the average price was $50 in 2000, and is about $70 today, assuming a linear rate of price increases, it would be $1663.33 in 4024.
This is a terrible model: it likely underestimates as inflation is geometric rather than arithmetic.
For a geometric model we have r=1.011329 over this period, thus extrapolating we get a price of…
$208,200,000,000
Which is insane, because it is so low for Nintendo!
And the minimum wage in 4024 is $2082, so it’s only the heads of Elon, Zuckerberg and Bezos that can afford it.
Don’t forget Nixon’s head!