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Nintendo has raised its employees base salary by 10%

mynintendonews.com

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Re: Nintendo has raised its employees base salary by 10%

#131

I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. In Japan, there's a big issue when a snack raises its price 2 cents (3 yen - source: https://finance.yahoo.com/news/japanese-snack-company-apolog... ) The country for better or worse seems to be frozen in time - salaries have not caught up with the heady levels of SV (or even Europe) but neither have rents or prices for common go…

As a kid, I always wondered why prices HAVE to keep going up. Seemed like a vicious cycle.

Re: Nintendo has raised its employees base salary by 10%

#132

I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. In Japan, there's a big issue when a snack raises its price 2 cents (3 yen - source: https://finance.yahoo.com/news/japanese-snack-company-apolog... ) The country for better or worse seems to be frozen in time - salaries have not caught up with the heady levels of SV (or even Europe) but neither have rents or prices for common go…

Japan gets an economic pass because they have such a strict monoculture. In the same way you can "break" the laws of thermodynamics by getting every atom to move in the same direction at the same time, you can "break" the laws of economics by getting every person to make the same illogical choice at the same time.

is it similar?

to break the laws of thermodynamics locally, you need to have an open system where the tally is made up elsewhere

is japan following a unified culture of choices the result of other people doing extra outside of japan?

Re: Nintendo has raised its employees base salary by 10%

#133
post #56

Earlier quoted context omitted.

Did you include tax? Also, that meal doesn’t include drinks. Poppies is significantly cheaper if you’re taking it home and supplementing with your own drinks.

Yes, but that meal is for 6-8 people. I don't think you can get to $68 for half as many people, even with drinks and tax. I just tried it with the "8pc meal" and 3 fountain drinks for the same location, and it came to $39.36, including tax. (If you want to try for yourself, I picked the Popeye's at 45 N Orange Blossom in Orlando, FL.)

> I don't think you can get to $68 for half as many people, even with drinks and tax.

A 5pc chicken tenders, Mac and cheese, and a large drink is $25 before tax. If there are three people who get a similar meal (but not exact so they don't share the family meals) then the total is $75 before tax. Seems like the original price quote of $68 is certainly plausible for a group of three. I am sure its possible to feed three people for less like you claim, but that doesn't mean the $68 is impossible to reach.

Re: Nintendo has raised its employees base salary by 10%

#134

I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. In Japan, there's a big issue when a snack raises its price 2 cents (3 yen - source: https://finance.yahoo.com/news/japanese-snack-company-apolog... ) The country for better or worse seems to be frozen in time - salaries have not caught up with the heady levels of SV (or even Europe) but neither have rents or prices for common go…

People forget that prices don't rise automatically. Businesses decide to raise prices. There isn't some magical force called inflation cuasing prices to go up. It's human decision-making all the way down.

Re: Nintendo has raised its employees base salary by 10%

#135

I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. In Japan, there's a big issue when a snack raises its price 2 cents (3 yen - source: https://finance.yahoo.com/news/japanese-snack-company-apolog... ) The country for better or worse seems to be frozen in time - salaries have not caught up with the heady levels of SV (or even Europe) but neither have rents or prices for common go…

As a kid, I always wondered why prices HAVE to keep going up. Seemed like a vicious cycle.

It's a vicious cycle if we get in an "inflationary spiral", but most of the time a small inflation is pretty healthy.

Re: Nintendo has raised its employees base salary by 10%

#136
post #102

I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. In Japan, there's a big issue when a snack raises its price 2 cents (3 yen - source: https://finance.yahoo.com/news/japanese-snack-company-apolog... ) The country for better or worse seems to be frozen in time - salaries have not caught up with the heady levels of SV (or even Europe) but neither have rents or prices for common go…

> I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. Does it?

no, a combo meal (entree, side, drink) there is ~$10.

Re: Nintendo has raised its employees base salary by 10%

#137

I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. In Japan, there's a big issue when a snack raises its price 2 cents (3 yen - source: https://finance.yahoo.com/news/japanese-snack-company-apolog... ) The country for better or worse seems to be frozen in time - salaries have not caught up with the heady levels of SV (or even Europe) but neither have rents or prices for common go…

[flagged]

Sounds like you don't pay for a family of people. I went out to dinner last night at a low/mid tier restaurant and it was over $100.

Re: Nintendo has raised its employees base salary by 10%

#138
post #134

I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. In Japan, there's a big issue when a snack raises its price 2 cents (3 yen - source: https://finance.yahoo.com/news/japanese-snack-company-apolog... ) The country for better or worse seems to be frozen in time - salaries have not caught up with the heady levels of SV (or even Europe) but neither have rents or prices for common go…

People forget that prices don't rise automatically. Businesses decide to raise prices. There isn't some magical force called inflation cuasing prices to go up. It's human decision-making all the way down.

Human decisions but usually with external factors: increasing costs, pressure to grow, etc.

If they could get away with raising price just because they feel like it they would do it earlier and more often.

Re: Nintendo has raised its employees base salary by 10%

#139

Earlier quoted context omitted.

[flagged]

I’m sorry but this comment is hysterical. I have experience with construction and engineering and I shudder to think what type of monstrosity you’ve built.

Anybody remember Groverhaus?

Re: Nintendo has raised its employees base salary by 10%

#140
All the other major game studios are dying and Nintendo is taking care of their employees. Just goes to show that focusing on making great games, being protective of golden goose IP, and making unique hardware rather than just trying to push prettier pixels is a winning strategy.
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