mhoyeTo spell this out clearly, the reason RAM has quadrupled in price is that a huge quantity of RAM that hasn't been produced yet has been bought with money that doesn't exist to populate GPUs that also haven't been produced to go in datacenters that haven't been built powered by infrastructure that may never exist to meet a demand that doesn't exist at all to make profit margins that mathematically can't exist while economists talk about this thing they call the "rational markets hypothesis".
fraca7@mhoye To be fair modern economics have always been built on a very unstable ground (ie pure bullshit)
Benaresh@fraca7 @mhoye Reminds me of the Card/Krueger Study on minimum wage that concluded that raising the min-wage was good.
They got so much hate for a now widely accepted study and to this day free-market "economists" try to debunk it.
Or as John Kenneth Galbraith put it:
“Economics is extremely useful as a form of employment for economists.”