That's the narrative from the top. The reality is that people will pay what they will pay--and enough people are just stupid enough to continue to buy on credit or something else that will make someone else at the top even more money, so this whole covid issue is a profit center for many industries and companies so they don't want it to end. The chinese had the best economic year ever in covid--that should say it all.Huge parts of the supply chain are expected to be fucked well into 2025 because in the mass production and panic buying the sudden explosion in demand exploded base component costs and those components purchased at those high prices need to be used up and gone before anybody is going to lower their prices to meet the new (pre 2019+inflation) pricing.
Based on current demand they are expecting those components to be kicking around at that pricing until 2025 or so and because there are huge stockpiles that companies already paid for when demand crashed they arent ordering more so output on those components has decreased but to maintain operation they had to then increase prices to cover their operating expenses since the economy to scale metrics changed and blah blah blah techno-economic jargon.
Basically, covid broke a lot of supply chain shit and putting it all back together is gonna take some time, the important people recognize that they have to get it done sooner than not because the market won't support these conditions for very long and there are talks of bailouts or tax breaks to speed things along but we have no say in any of that so we are all just along for the ride. YAY...
I am just lucky that I have too much GW plastic crack right now to have much time to play, and the game my friends dragged me back into is WoW and you can run that on an overclocked potato, no need to upgrade for a bit, hoping to ride it out, otherwise I may just need to find a new hobby or settle for lower settings because this shit is not going to fly for long.