Author Topic: Aussie Dollar Discussion  (Read 8567 times)

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Offline pinsanity

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Re: Aussie Dollar Discussion
« Reply #45 on: January 14, 2016, 01:12:37 PM »
I really wish Stern USA would review the prices to help out AMD, so AMD can drop their prices. At the moment, this needs to be addressed.

Something has to give - and this discussion should be moved to the "price watch" thread. Stern cannot command the LE prices any longer.

Actually they shouldn't have to. AMD's wholesale buy price for machines from Stern is low enough that they already have enough price elasticity to absorb any recent currency fluctuations without gouging their consumer base. The fact that they choose not to, but instead peddle the tired old cliche of our falling Aussie dollar and the fact that the customer base laps it up as a valid excuse speaks for itself.

Anyway why would Stern want to kill their golden goose? The Aussie new Stern pinball market is one of the most overpriced markets on the planet in terms of the ratio of retail to wholesale price per unit sale.


PS: The Chinese (no double e) use the yuan as their form of currency, not the dollar and represents only 11% of the global currency reserves (which when you subtract mainland China from the equation is confined almost exclusively to currency trade within HK) once it comes into effect as one of the recognised basket of currency reserves, versus the US which accounts for 66% and is used as a recognised form of currency across multiple countries. Perhaps further reading might help our resident Milton Friedman to better understand the intricacies of our international currency market? Start with the Bretton Woods conference and the formation of the IMF and work your way to the present day.  #@#
« Last Edit: January 14, 2016, 01:28:05 PM by pinsanity »