Is any game worth $50?

[Regus]

Ico is worth $50

No it isn't. I waltzed though it in under four hours, had I of payed full retail (christmas present) I would have been pissed.

[Captain Vegetable]

Originally posted by Ragnarok the Red
Well put Veggie :kirby:

Thanks...but what's this "Kirby" thing all about?

[GameFreak]

I used to purchase most of my games new for that price, usually more.

Most SNES and Genesis games used to go for $60 new. But now when I see what most of the games I payed so much for are going for now, I rarely purchase games when they are new and expensive.

There are exceptions though, some games, like Halo 2, I feel I will have to play right away. So it will get my money on day one.

When it comes to SNES and Genesis games, $15-$20 is my limit. I've gotten some games on Ebay for $1.25-$1.75, I think paying $4.00-$5.00 is too much for some games.

[skelly]

Originally posted by Regus
Check the Discount Thread! Just walk into your local Block Buster, and if they have any [i]NEW[i] copies of the game for sale, not a used one, ask them to price check it for you.

You'll see.

Worde. Thanks for the tip!

[BebopCowboy16]

Zelda was...I only paid 40 though !

[RoleTroll]

The price of a U.S. dollar, in U.S. dollar terms, remains at $1. Relative to foreign currencies, it doesn't necessarily rise or fall over time. Recently, for example, the dollar has been under pressure relative to the yen and Euro.

That being said, you know darn well what Haoh was saying. If the price of games had kept up with inflation, games that sold for $50 in 1980 would be selling for much higher prices today.

[gamevet]

Originally posted by Captain Vegetable
If a family making 20,000 dollars a year today is still making 20,000 dollars a year two years from now, they're not really making 20,000 dollars a year, acording to PV$1 (that's "Present Value of One Dollar") charts. Reguardless of the interest rates and at what level they fluctuate, the value of one dollar will always decrease with time.

This is to say, if I have 20,000 dollars and invest it at 10% per year for ten years, At the end of the 10 years I'll have $47,158.95.

Therefore, the present value of 20,000 today is aprox. $47,000 ten years from now at a 10% interest rate.

Therefore, I need $47,000 in ten years, to buy $20,000 worth of goods today.

The value of a dollar has gone down.

What you're refering to (income = value) is called money illusion, and is the most basic of the basic "no-no's" when dealing in economics. It just isn't true.

That's the really peared down explanation. So much so that, now looking back on it, it kind of makes no sence.

Yeah, it's called inflation. You have to make $47,000 a year, to buy what you could back then, when you were making $20,000 a year. Back then, $350 for a television was about as much as most people would pay. That would get you a 19" color TV. An IBM AT was also selling for over $1,000 back then. You can now buy a 30" television for under $400, a decent P.C. for under $800 and a console videogame for under $50. Back in the 80's, that kind of money did'nt come along too often.

When I graduated Highschool in 86, my old man made about $48,000 a year. We did'nt have a fancy house, big time electronics or a fancy car. We were living a very ordinary lifestyle, with a tight budget. It was'nt too often, that my old man, nor I would be willing to plop down $50 for a game on the old Atari 2600. We generally ended up with 2 or 3 games a year in our household. Nowadays, $50 is chump change.

[Captain Vegetable]

Originally posted by RoleTroll
The price of a U.S. dollar, in U.S. dollar terms, remains at $1. Relative to foreign currencies, it doesn't necessarily rise or fall over time. Recently, for example, the dollar has been under pressure relative to the yen and Euro.

You're wrong. The US dollar fluctuates dependant upon US interest/inflation rates.

That said, you're right! I did know what Haoh was getting at, and chose to be picky about it.