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Nintendo has raised its employees base salary by 10%

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

#231

Post by gabriel-uribe »

keiferski wrote: post #186
taeric wrote: post #181

Earlier quoted context omitted.

I mean... You are looking at a place that is about 250 square feet? There isn't an appetite for offering units that small in the US.

I don’t agree at all — plenty of college students, 20-30s somethings would love a space like this in NYC, SF, etc. at a lower price point than what’s currently available. The limits seem to be from legal restrictions on minimum apartment size, not market demand.

I think so too. I'm an early 30s that would love to pay a fraction of the current market rates for a Tokyo-sized unit in SF.

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

#232

Post by __turbobrew__ »

Sateeshm wrote: post #131
epsteingpt wrote: post #25

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.

Inflation makes servicing debt cheaper which incentivizes getting loans to build things.

It also leads to those who have little bargaining power to become underpaid as they cannot negotiate higher salaries as inflation squeezes them.

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

#233

Post by taeric »

keiferski wrote: post #186
taeric wrote: post #181

Earlier quoted context omitted.

I mean... You are looking at a place that is about 250 square feet? There isn't an appetite for offering units that small in the US.

I don’t agree at all — plenty of college students, 20-30s somethings would love a space like this in NYC, SF, etc. at a lower price point than what’s currently available. The limits seem to be from legal restrictions on minimum apartment size, not market demand.

Apologies, on that I agree. What we don't seem to have, is a willingness to build and offer these places.

That is, I was specifically saying there is a lack of appetite to offer these. Not that there is lack of appetite to buy/rent them.

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

#234

Post by TheGRS »

themaninthedark wrote: post #207
indoordin0saur wrote: post #179

Earlier quoted context omitted.

I'm not an economist, so maybe someone more knowledgeable can weigh in. But my understanding is that deflation is worse. If you can just stick $10k under your mattress and expect it to be worth 10% more in a year you have no incentive to invest. Businesses will just hold their cash, banks won't have money to loan out and the sort of investments that provide new jobs, goods and services are a risky high-effort bet com…

Sure 10% deflation would be a problem but so is 10% inflation. What about 1 or 2% deflation? People would still need food, to replace or repair cars. People would still want and need to buy houses. Inflation to my mind supposes that we have to have perpetual growth, which is something that is not realistic. If we grow 3 times the amount of corn that we need this year, do we need to plan to grow 3.1 times next year? O…

My general impression with most discourse about the economy and statements like "Inflation to my mind supposes that we have to have perpetual growth" is that it looks at transactions within the economy as zero-sum. And that is a false assumption. It grows and shrinks for myriad of reasons that aren't directly related to monetary policy. The monetary policy is there to attempt to keep things stable and predicable, that is all.

> If we grow 3 times the amount of corn that we need this year, do we need to plan to grow 3.1 times next year? Or decrease the cost by 2%? If all the inputs stay the same, where do you get the gains from(assuming that the process is as efficient and automated as possible)?

I think I get what you're driving at, but let me ask this question. Do you believe the price of corn in 1976 reflects the same market forces as the price of corn in 2026? Not the inflationary number alone, but why that corn costs what it does today versus 50 years ago?

There are microeconomic changes for sure, different farming techniques and maybe a different way of buying and selling surplus corn. But the life of a farm hand has likely changed, the average background of them has likely changed, the ownership model of the farm may have changed. The downstream buyers of corn have likely changed from mostly canned good manufacturers to fresh produce providers. And the macroeconomic forces surrounding everything has absolutely changed.

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

#235

Post by kuhsaft »

Sateeshm wrote: post #131
epsteingpt wrote: post #25

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.

Inflation can exist because of a lot of things: natural loss of value, resource scarcity, monetary policy, greed, etc. And it's even harder to make sense of with fiat currency.

> Seemed like a vicious cycle.

The issue is inflation and deflation both tend to be positive feedback loops. Inflation can promote behavior that promotes inflation. Deflation can promote behavior that promotes deflation.

Note that I use "tend to" and "can promote". It's all based of off assumptions on how people value things and their behaviors, as is all economic models.

> why prices HAVE to keep going up

It really doesn't have to. We do so because economic models show that we should because of the way we behave. But, we also behave the way we do because of the economic systems that we've designed.

Prices have to keep going up if you want a system that promotes endless consumption and growth in consumption.

It also lets you have a "non-zero-sum" economy, where it appears everyone is making a "profit". But, in reality it isn't.

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

#236

Post by kraquepype »

TheGRS wrote: post #225
chasd00 wrote: post #171

Earlier quoted context omitted.

> I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. That’s $22 per person. Would like to see what they ordered. Not saying I don’t believe it but that’s pretty high. My family of 4 can eat chilfila for that and chikfila is kind of pricey for fast food where Popeyes is pretty much trash.

Whoa...harsh words. I consider their fried chicken sando the best in the biz, yes even over Chik-fil-a

Yeah 9 times out of 10 I'd rather go to Popeyes. It is greasy but it's spiced well and I can't think of a single bland thing on their menu.

I'll say though that the customer experience at Chick-fil-a is top notch, and they really have drive through down to a science. Buying the food their has always been a pleasant experience.

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

#237

Post by taeric »

gabriel-uribe wrote: post #231
keiferski wrote: post #186

Earlier quoted context omitted.

I don’t agree at all — plenty of college students, 20-30s somethings would love a space like this in NYC, SF, etc. at a lower price point than what’s currently available. The limits seem to be from legal restrictions on minimum apartment size, not market demand.

I think so too. I'm an early 30s that would love to pay a fraction of the current market rates for a Tokyo-sized unit in SF.

When I was younger, this was only doable in larger US cities if you had roommates. And was quite common in that scenario.

Doesn't change that it would be nice to have such offerings without having to navigate all of the extra stuff that comes from having roommates.

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

#238

Post by bpt3 »

socalgal2 wrote: post #219
epsteingpt wrote: post #25

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…

Prices in California seem out of control to me. Recent examples, BLT + Coffee = $36, Plate of broccoli, plate of peas, small pizza, tap water = $95. Plate of 2 tacos, burger, 2 drinks = $120. 2 sandwiches = $60 As for Japan. ATM food is often cheaper. If you want cheap though, there are plenty of much cheaper places in the world. For rent, there are cheap options I wish existed in the states. As many point out tho, s…

Or you can eat much better food all around for much less in other establishments.

Businesses charge what they can get away with, and you're actively wasting money if you're referencing prices you actually paid for those meals recently.

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

#239

Post by __turbobrew__ »

gruez wrote: post #110
genxy wrote: post #87

Earlier quoted context omitted.

US tech wages are what everyone should be making. Tech looks high compared to everyone else, but it is more that everyone else's wages got suppressed.

>Tech looks high compared to everyone else, but it is more that everyone else's wages got suppressed. Where do you draw the line? Maybe everyone should be earning $10M/year like AI researchers, and anything to the contrary means it's "suppressed"?

> Where do you draw the line

You can own a house and support a family of 5 on a single income and retire at 65.

Where I live that is only really possible for SWE, lawyers, doctors, and execs.

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

#240

Post by fhn »

Sateeshm wrote: post #131
epsteingpt wrote: post #25

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.

part of it has do do with scarcity and gas prices. Gas is used to produce and transport. If gas prices go up, prices go up just to pay for gas. Basic supply and demand. There are more humans, more cars so the demand is higher and gas is a finite resource. Alternative energies help but gas still heavily used.
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