Can someone give me a brief explanation on how inflation is the main cause of our products and electronics are being manufactured poorly?
#asknostr
Discussion
Programmed obsolescence there is a doc about it.
Because of inflation, you need to keep earning because past earnings lose value, and you need to replace the lost value.
So they need you to replace your products frequently so you buy again and again.
It is easier
- to make shitty products, so you HAVE to replace aka planned obsolence,
- then making better and better quality products, so you change because of utility and quality.
planned obsolence >> competition
Just my 2-sat version.
It doesn’t directly affect it, it more indirectly affects it.
1) Inflation cuts into profit margins first without major price increases
2) To maintain profit margins you either cut material, labor, or time to produce.
Which leads to lower quality for the same item at slightly higher cost.
The same way the Big Mac shrinks in time...
Basically as a vendor you have to sell as many units as you possibly can. Ideally, the buyer acquires your product and it breaks down as they exit your store. They come back and buy again. The cycle continues as they lack critical thinking to understand the causation.
Inflation is indirectly the cause because it injects more money, diluting the existent supply. Since money means somebody actually put in the work to create value in the first place, putting in more artificial money means that nonexistent work floods the market competing with actual work.
The economist answer is "velocity of money". That's fancy talk for musical chairs.
Margins. 💁♂️
Cheaper materials yield higher margins. 💁♂️
Got no money, need cheap shit