Hollywood Video Crisis Looms Large
Posted on March 29th, 2007 by Josh
While I was lucky enough to get my very own Nintendo Wii awhile ago it seems as if the shortages are not just affecting the consoles and accessories.
I went to Hollywood Video today to rent a game for some friends coming over tomorrow and they not only were they out of the game I wanted but every single Nintendo Wii game in the store was checked out. Every single copy of every single game.
Now I know how those people in Russia felt when they tried to buy bread only to find none on the shelves…
wait…what?
Filed under: Observations
The cost of bread exceeded that of grain in the early 90’s and so Russian farmers were feeding their stock bread, resulting in a shortage. You can buy a loaf of bread in Moscow these days for $.35. I can’t even get a loaf at the ‘day old’ store for twice that. Consider this, however…the inflation rate in Russia hit 2000% in 1992. At a standard price of $2.00, that loaf just hit the $4,000 mark. That Nintendo Wii just cost you $500,000