Thundercats Forums - View Single Post - Is anyone else annoyed by some of the prices?

Fuzz · 08-20-2011, 03:22 PM

Quote:

Originally Posted by Monkian

What you are seeing is most definitely inflationary. I don't know that I would classify it as greed though. The increase in prices is derived from two primary components: 1) The cost of petroleum(this is where the plastic in these toys is derived from), which is determined by a) the value of the U.S. dollar b) supply and demand and c) speculation and 2) Wage increases in developing nations where these products are made, namely, at least in this instance, China. The dollar is being debased by increases in the supply of money, namely quantitative easing. Globally, demand for petroleum is up. Speculators speculate that this trend will continue, which fuels demand for petrol and further increases the price, and last, but not least, the standard of living is increasing in China because they've gotten a taste of what double digit GDP growth can bring and are sick of working for $2 a day with no bathroom breaks. This trend will continue, long term. As a result, we will see increases in all products, not just toys. The 80's were a long time ago, economically speaking, and we will not be revisiting them, save a turn of events that is catastrophic for emerging economies, any time soon. Get used to it boys. Just be thankful that you have the discretionary income to spend on such things. Some people can barely even scrape together enough money to get to work each day.. that's if they even have jobs. So, go grab a mojito and enjoy the party, things are just getting started.

While you make a good point that petroleum plays a large part in the production cost of plastics, it's still moot because most 6"-7" premium action figures, such as NECA, only cost around $15 - $18.

Compare a deluxe 4" TC figure with say a 7" Neca Predator figure and tell me you don't feel completely ripped off.

08-20-2011, 03:22 PM	#16
Fuzz Thunder Kitty Join Date: Aug 2011 Location: Buffalo, NY Posts: 32	Quote: Originally Posted by Monkian What you are seeing is most definitely inflationary. I don't know that I would classify it as greed though. The increase in prices is derived from two primary components: 1) The cost of petroleum(this is where the plastic in these toys is derived from), which is determined by a) the value of the U.S. dollar b) supply and demand and c) speculation and 2) Wage increases in developing nations where these products are made, namely, at least in this instance, China. The dollar is being debased by increases in the supply of money, namely quantitative easing. Globally, demand for petroleum is up. Speculators speculate that this trend will continue, which fuels demand for petrol and further increases the price, and last, but not least, the standard of living is increasing in China because they've gotten a taste of what double digit GDP growth can bring and are sick of working for $2 a day with no bathroom breaks. This trend will continue, long term. As a result, we will see increases in all products, not just toys. The 80's were a long time ago, economically speaking, and we will not be revisiting them, save a turn of events that is catastrophic for emerging economies, any time soon. Get used to it boys. Just be thankful that you have the discretionary income to spend on such things. Some people can barely even scrape together enough money to get to work each day.. that's if they even have jobs. So, go grab a mojito and enjoy the party, things are just getting started. While you make a good point that petroleum plays a large part in the production cost of plastics, it's still moot because most 6"-7" premium action figures, such as NECA, only cost around $15 - $18. Compare a deluxe 4" TC figure with say a 7" Neca Predator figure and tell me you don't feel completely ripped off. Last edited by Fuzz; 08-20-2011 at 03:25 PM..