this post was submitted on 04 Nov 2023
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Profits going down I guess. People save money when inflation is crazy, and if the company profits go down, their stocks go down also. If that happens, leadership may be replaced etc etc.
Ive cancelled most of my subs because they didn't even provide enough value before the price hikes.
So the people who remain and who are fine with paying YouTube or Netflix, they will have to pay more to support higher profits.
Probably in 2030, people will both pay and watch lots of ads since that gives maximum profits. Pretty much how cable TV went.
As an argentinian I find people from the US treating your anual Inflation as if it was doomsday amusing
You can't use Argentina as a benchmark here haha.
"First time?"