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Comment by ryanmcbride

4 hours ago

Rounding is such a weird boogeyman to me because people are like "the companies are just going to use it to get more money from the customers" but, they're doing that anyway. They don't need this excuse to raise prices they'll just do it anyway.

Same thing when people complain that raising minimum wage will increase prices, meanwhile prices have increased for 50 years completely separate from wages. They don't need the excuse to raise prices they're just gonna do it anyway.

If they want companies to not raise prices the only answer is regulation, but regulation is communism and therefore bad.

I'm so god damn tired.

Let's face it, these arguments are simply post hoc rationalizations. If the proposal were instead to introduce a "milli" coin people would find some way that meant you were getting ripped off too.

> If they want companies to not raise prices the only answer is regulation

Or competition. Consumer electronics are much cheaper than they were in the past, and that's not because of regulation. (To be clear, I'm not saying that regulation is wrong or anything, I'm saying that "use regulation to lower prices" and "remove barriers to competition to lower prices" are both tools in the toolbox.

  • Since I'm already doing armchair stuff I'll just say that there's an argument to be made that consumer electronics HAVE to be cheaper due to the extremely inflated cost of essentials right now, which is the result of lack of regulation. It's not the system regulating itself it's just more bottom line chasing.