USA Vs. Japan for PC Parts Prices (Let's talk about that Inflation Outlook)
**The Impact of Cryptocurrency on GPU Prices**
The current market situation with graphics card prices is complex and influenced by various factors, including the reduction in money supply due to the "sickness" that has affected the industry. This reduction in supply has led to a natural decrease in prices, which would have occurred even if this sickness never existed. However, the addition of cryptocurrency mining to the mix has further exacerbated the situation.
With many graphics cards being used for cryptocurrency mining, the reduced availability of these cards has resulted in higher prices for consumers who want to buy them for gaming purposes. This is particularly true when interest rates rise and money supply decreases, as this reduces the amount of money available for lending and increases borrowing costs. As a result, cryptocurrency prices are likely to fall, which would further reduce demand for graphics cards.
**The Best Time to Build a Gaming PC**
Based on my analysis, I predict that September will be the best time to build a gaming PC this year. This is because the market is expected to flood with new GPUs as cryptocurrency mining slows down, making it an ideal time to buy at discounted prices. With many graphics cards available in the market, consumers can expect to find better deals on components such as motherboards, RAM, and coolers.
Additionally, my experience of transitioning from Australia to Japan has shown me that the internet is faster and more reliable than expected. The availability of 1Gbps fiber internet for a relatively low cost of $30-$35 USD per month makes it an attractive option for those who want to stay connected while building their gaming PCs.
**The Challenges of Moving to Japan**
Moving to Japan has been a challenging experience, particularly when it comes to transitioning from Australia. The culture shock and differences in lifestyle have been significant, but the most difficult part was leaving my son behind for over two years. It's been a relief to finally be reunited with him and spend quality time together.
One of the interesting aspects of Japanese culture is the use of different terminology for everyday items. For example, "hard-offs" are used in Japan to refer to computer parts, which can be confusing for those who are not familiar with the local lingo. In this video, we visited a PC Used Junk Store and found a few decent deals on components, including a motherboard, 8GB RAM, and a cooler.
**Q&A Session**
We received a question from "Frozen Biscuit" (Limp Biscuit) asking how many hard-offs were in the video. Unfortunately, we didn't find any significant number of hard-offs in the parts hunt, but we did find some decent deals on other components. The use of hard-offs is becoming less common in Japan, and they are now mostly sticking to their name.
**Behind-the-Scenes Access**
For those who want more behind-the-scenes content and access to exclusive footage, consider joining our community by hitting the subscription button or ringing that bell. As a member, you'll get access to additional videos, including behind-the-scenes footage of our tech studio setup in Japan. We're excited to share this journey with you and provide more insights into the world of technology and finance.
**Conclusion**
In conclusion, the current market situation with graphics card prices is influenced by various factors, including cryptocurrency mining and reduced money supply. September is expected to be a good time to build a gaming PC as the market floods with new GPUs at discounted prices. Our experience of moving to Japan has been challenging, but we're excited to share our journey with you through these videos. Thank you for watching, and we'll catch you in another tech video soon.
"WEBVTTKind: captionsLanguage: ensince the start of 2022 prices on pc parts have been coming down to a point where i would feel comfortable recommending someone go out and build a new pc especially if they waited through what was the misery known as 2020 one however since coming to japan i have learnt a lot in the recent two weeks of being here especially compared to australia which from what i talked to you guys on the discord australia's situation is very similar to the us in terms of supply and prices on pc parts however japan is a whole different beast altogether so let's get on into the story of tech gas rocking up to japan in the last two weeks and talk about all things tech related and a little bit of finance thrown in there never pay full price for windows 10 or 11 again with today's video sponsor scd keys you can get activated for as little as 15 dollars using that coupon bftyc links in description below welcome back to tech yes city and in the last two weeks i've had to jump through a lot of hurdles to get back to japan but one thing i've noticed is there is a huge contrast between this country and the country that i live in australia and the biggest difference is inflation which if you're in the us or the uk or australia right now inflation is definitely making headlines and that's rightfully so because there is so much of it in these three countries however coming to japan the first thing i noticed was there was very little if any inflation here and since the last two and a half years since i've been here it really feels like a whole lot hasn't changed in pricing and that's actually a really good thing if you're planning to come to japan and since the yen is actually very weak compared to the us dollar the australian dollar and even the english pound it's actually going to make for one of the cheapest holidays you'll ever have and in fact being in japan everything has been practically a fire sale in terms of prices for instance i picked up a recently a lg c9 55 inch oled for roughly a little over 500 usd now it was used but it was in pretty much new condition and i was over the moon because that same oled tv in australia would cost me a minimum of 2 000 aussie dollars so there are some absolute bargains that you can get in japan on a variety of products but also when it comes to pc parts and the prices on used stuff that's also quite cheap as well doing a recent parts hunt in the last video that we did here on the channel i actually scored some pretty good deals especially online with the convenience of not even having to go outside and some of you guys did comment and say that i got a pretty good deal on a gtx 970 as well as a pretty good deal on an i7 37 70. but when it comes to new parts and all over the world i'm sure this is still a thing graphics card prices are still slightly elevated above msrp and in fact i was in tokyo because i had to exchange some money i was going to do a parts hunt but i was actually spending time with my son and i was exchanging money but i did manage to quickly pop into a tech store and i did manage to see a 30-70 ti just a tad over msrp however a lot of the other graphics cards were sitting up there at ridiculously high prices still so when it comes to gravis cards they are coming down in price but it still feels like they're the only component within the tech space that is still overpriced compared to what you're getting for your money though this stage you may be wondering why are the graphics card prices still high and that's because the demand for pc gaming i feel is still extremely high there's a lot of gamers that were waiting on the sidelines in 2021 that weren't prepared to pay those ridiculous prices and if you're one of those people that did ride out those high prices and now you're getting a decent price on a graphics card i salute you everybody welcome back to the price is right time to spin the wheel but with those gamers now coming through and also crypto mining still on the decline in terms of profitability it does make my personal outlook of the cheapest time to get a gravis card being around that september mark especially when we look at what is going on with the federal reserve in the usa and that is they're talking about taking 95 billion dollars a month off the balance sheet aka quantitative tightening now this is going to be a bit of finance talk but basically you can think of quantitative in the word when it's used with quantitative tightening or even quantitative easing that's the opposite and that's what they did the federal reserve and actually governments all around the world they did this in the last two years and they were going heavy on this with quantitative easing basically think of the word quantitative as mass so mass easing in that they're buying a lot of bonds making the price of loans cheap for people to go borrow now here's where we contrast this from japan to the us the uk and australia and this is where i think the inflation isn't a problem in japan because giving out someone the threat of cheap money doesn't necessarily mean that there'll be a heap of cheap money borrowed and pushed out into the economy and that's what i feel is exactly the case that has happened in japan versus that of the us and australia and the uk where i feel like people in these three countries were like hey cheap money it's never been this cheap we're going to go borrow to oblivion and actually in australia i got first-hand experience of this seeing someone come into a computer store when i was there with a friend one of my friends he works at a computer store and we're just talking about tech then this person came in with a macbook and they put the macbook on the desk and they started bragging about how they had i think it was only three pay slips that were unemployed before that and they managed to get a half a million dollar loan and so when you've got the individual getting a half a million dollars and that borrowed money with we relate to what in the banking scene known as money creation theory they're creating half a million dollars and then pushing that into the economy which is highly inflationary in nature especially when the interest repayments are very cheap and they don't have to pay back much money on that loan so that's where i feel like in australia us and uk all this inflation has come from actually the consumer where the governments and especially the central banks have given out the threat of inflation with cheap money and supplying that cheap money but it's ultimately the consumer that's taken the reins and taken over and said hey we're going to make sure this inflation's real by borrowing that money into existence and that's one thing that i have definitely learned coming to japan and seeing first hand because if you guys didn't know japan is pretty much the king in the world of quantitative easing the governments are constantly keeping the loans extremely cheap here and they're constantly buying bonds that's the bank of japan or boj so what this means is even though yes they're keeping the money cheap in japan and the government is still spending and creating a massive amount of debt it's ultimately the consumer the average person that isn't borrowing money to oblivion and pumping it into the economy creating massive inflation so that was one thing that i really learned in my time here in the last two weeks scratching my head about all these different theories that people have on money creation as well as modern monetary theory that i've seen now firsthand and where i pretty much relate that to what i think is going on and one thing as a deal hunter it's one thing that i'm personally very comfortable doing and that is buying low and selling high and i've done this with pc parts before that i did it with car parts and now i'm going to be doing that with what i feel is the yen i feel like buying the yen right now is an absolute bargain i feel when i compare one dollar aussie and i get over 90 yen for that that 90 yen just buys me so much more in a country that's extremely clean extremely safe and has a great standard of living anyway guys with that initial talk out of the way with what we saw as quantitative easing aka mass easing via governments we're now going into a different phase where especially in the us and australia and the uk is as opposed to japan japan's a little bit different i feel like they're going to try and just keep the cheap money up because there is really not many people borrowing here but in america they've got a serious problem where people have definitely borrowed way too much australia has this same problem and i'd say australia may be even worse than the u.s in that inflation was extremely bad even though the government was reporting some ridiculously low figure of three percent inflation in since 2019 to 2022 prices at the supermarket on average at least went up 25 percent and that's a huge number that's a massive kick for inflation coming in as the average person especially if you like to save money you don't like to borrow money but of course if you're borrowing money you're in a much better position because your loans have essentially gotten cheaper but how long that will be for nobody knows because what happens on the other side of the fence after quantitative easing can come quantitative tightening and basically that means mass tightening in that they're instead of printing money and creating money out of thin air or allowing the consumer to create money after the governments they can then destroy money the central banks essentially sell the bonds or they let them roll off and that money is then destroyed out of existence but basically when this happens it does create um so now what does this mean for you as a pc tech enthusiast well if you're the pc tech enthusiast that does save some money and you've been waiting to buy pc parts at a cheaper price all things considered that's all other things considered if you've got this cash and production doesn't stop and we don't have any more mishaps then parts will get cheaper with what's happening with quantitative tightening on the horizon as well as interest rates going up now if anything the last two years have taught us is that this whole thing is an absolute rollercoaster ride in predicting what's going to happen in the future we've seen shenzhen in china they've recently shut down due to this sickness and that does mean an artificial drop in supply and so if this sickness never came around production would be at a different level and supply would be at a different level and so if you coupled that with the reduction in money supply then you would have cheaper prices naturally though one thing with graphics card prices regardless of shenzhen is that there are so many of them out there and they're mining crypto and so when you have a reduction in money supply you will naturally see i believe crypto prices starting to fall since this market is heavily leveraged on borrowed money so if interest rates go up money supply gets choked crypto prices will come down naturally and they may come down dramatically and so what this means is then you may see a massive amount of gpus on the market a flood sale i'm predicting this to happen sometime around september that's been my outlook and so if you wanted to build a gaming pc i believe september will be the best time to build a gaming pc this year though as with anything related to the future i don't have a crystal ball but i am starting to analyze this stuff a lot more in depth and relay it to you guys so hopefully you enjoy these sort of tech and finance videos mixed i know some people in the comments are telling me you're not an economist you shouldn't be talking about that and my reply to that is well these lovely economists back in 2020 were saying that there was going to be no inflation and as we've seen in the last two years inflation has been anything but transitory and low unless of course you're in japan anyhow i hope you guys enjoyed today's video if you did be sure to hit that like button for us also if you want to see a little tour of the new tech yes studio that's being set up in japan then i can give you a tour of that as well as talking about japanese real estate in general where i got this apartment here three-bedroom apartment about 40 minutes out from tokyo i've now got one gigabit per second fiber so it's absolutely crazy just seeing how fast this internet is compared to australia where i'm just watching my videos upload in like 10 seconds in japan as opposed to sitting in australia for hours just waiting for my videos to upload is a lot quicker here and the good thing is about the internet here it only cost me like a usd wise about 30 to 35 dollars a month for unlimited one gigabit per second fiber that doesn't throttle either download or upload speeds but if you guys want to see that happen i can make a video like that happen for you and with that aside thanks for the support thanks for watching the vids and also thanks for commenting all the time i really appreciate it it's been a pretty difficult time transitioning from australia into japan in the last couple of weeks i've been prioritizing my son who i haven't seen in over two years it has just been a relief off my shoulders to be able to see him again be able to hug him and just be able to spend time and play jewel masters which is his favorite game right now we've been playing that been playing some wii u mario 3d and he's really good at that game so and i've been told he shouldn't be getting into gaming but gaming's in my dna and i'm sure it's in at least half his dna so that's a pretty good thing and we've got the question of the day which comes from frozen biscuit uh just spelt like limp biscuit but it's frozen instead of limp and they ask how many hard offs were in this video i'm not sure if this came from a troll account or whatnot but we went to the pc used junk store it wasn't pc sorry it did junk stores and they're called hard offs in japan and there was three hot offs that were in that parts hunt and unfortunately they weren't that great i didn't get any hard-ons at least for one of the deals there was a um a decent deal there with the motherboard eight gigabytes ram cooler and that was a decent combo we picked that up for around 25 usd but besides that the hard offs are kind of falling out of meta and uh they are sticking to the name now and i hope that answers that question and with that aside i'll catch you guys in another tech video very soon if you stayed this far and you want to see the content as soon as it drops manage to hit that sub button ring that bell also if you want some behind the scenes access for as little as a dollar a month you become a member here and hit that join button where you can get some extra behind the scenes footage and me also giving my thoughts and opinions about different things here at tech yeah city and without aside i'll catch you guys in another tech video very soon peace out for now from japan byesince the start of 2022 prices on pc parts have been coming down to a point where i would feel comfortable recommending someone go out and build a new pc especially if they waited through what was the misery known as 2020 one however since coming to japan i have learnt a lot in the recent two weeks of being here especially compared to australia which from what i talked to you guys on the discord australia's situation is very similar to the us in terms of supply and prices on pc parts however japan is a whole different beast altogether so let's get on into the story of tech gas rocking up to japan in the last two weeks and talk about all things tech related and a little bit of finance thrown in there never pay full price for windows 10 or 11 again with today's video sponsor scd keys you can get activated for as little as 15 dollars using that coupon bftyc links in description below welcome back to tech yes city and in the last two weeks i've had to jump through a lot of hurdles to get back to japan but one thing i've noticed is there is a huge contrast between this country and the country that i live in australia and the biggest difference is inflation which if you're in the us or the uk or australia right now inflation is definitely making headlines and that's rightfully so because there is so much of it in these three countries however coming to japan the first thing i noticed was there was very little if any inflation here and since the last two and a half years since i've been here it really feels like a whole lot hasn't changed in pricing and that's actually a really good thing if you're planning to come to japan and since the yen is actually very weak compared to the us dollar the australian dollar and even the english pound it's actually going to make for one of the cheapest holidays you'll ever have and in fact being in japan everything has been practically a fire sale in terms of prices for instance i picked up a recently a lg c9 55 inch oled for roughly a little over 500 usd now it was used but it was in pretty much new condition and i was over the moon because that same oled tv in australia would cost me a minimum of 2 000 aussie dollars so there are some absolute bargains that you can get in japan on a variety of products but also when it comes to pc parts and the prices on used stuff that's also quite cheap as well doing a recent parts hunt in the last video that we did here on the channel i actually scored some pretty good deals especially online with the convenience of not even having to go outside and some of you guys did comment and say that i got a pretty good deal on a gtx 970 as well as a pretty good deal on an i7 37 70. but when it comes to new parts and all over the world i'm sure this is still a thing graphics card prices are still slightly elevated above msrp and in fact i was in tokyo because i had to exchange some money i was going to do a parts hunt but i was actually spending time with my son and i was exchanging money but i did manage to quickly pop into a tech store and i did manage to see a 30-70 ti just a tad over msrp however a lot of the other graphics cards were sitting up there at ridiculously high prices still so when it comes to gravis cards they are coming down in price but it still feels like they're the only component within the tech space that is still overpriced compared to what you're getting for your money though this stage you may be wondering why are the graphics card prices still high and that's because the demand for pc gaming i feel is still extremely high there's a lot of gamers that were waiting on the sidelines in 2021 that weren't prepared to pay those ridiculous prices and if you're one of those people that did ride out those high prices and now you're getting a decent price on a graphics card i salute you everybody welcome back to the price is right time to spin the wheel but with those gamers now coming through and also crypto mining still on the decline in terms of profitability it does make my personal outlook of the cheapest time to get a gravis card being around that september mark especially when we look at what is going on with the federal reserve in the usa and that is they're talking about taking 95 billion dollars a month off the balance sheet aka quantitative tightening now this is going to be a bit of finance talk but basically you can think of quantitative in the word when it's used with quantitative tightening or even quantitative easing that's the opposite and that's what they did the federal reserve and actually governments all around the world they did this in the last two years and they were going heavy on this with quantitative easing basically think of the word quantitative as mass so mass easing in that they're buying a lot of bonds making the price of loans cheap for people to go borrow now here's where we contrast this from japan to the us the uk and australia and this is where i think the inflation isn't a problem in japan because giving out someone the threat of cheap money doesn't necessarily mean that there'll be a heap of cheap money borrowed and pushed out into the economy and that's what i feel is exactly the case that has happened in japan versus that of the us and australia and the uk where i feel like people in these three countries were like hey cheap money it's never been this cheap we're going to go borrow to oblivion and actually in australia i got first-hand experience of this seeing someone come into a computer store when i was there with a friend one of my friends he works at a computer store and we're just talking about tech then this person came in with a macbook and they put the macbook on the desk and they started bragging about how they had i think it was only three pay slips that were unemployed before that and they managed to get a half a million dollar loan and so when you've got the individual getting a half a million dollars and that borrowed money with we relate to what in the banking scene known as money creation theory they're creating half a million dollars and then pushing that into the economy which is highly inflationary in nature especially when the interest repayments are very cheap and they don't have to pay back much money on that loan so that's where i feel like in australia us and uk all this inflation has come from actually the consumer where the governments and especially the central banks have given out the threat of inflation with cheap money and supplying that cheap money but it's ultimately the consumer that's taken the reins and taken over and said hey we're going to make sure this inflation's real by borrowing that money into existence and that's one thing that i have definitely learned coming to japan and seeing first hand because if you guys didn't know japan is pretty much the king in the world of quantitative easing the governments are constantly keeping the loans extremely cheap here and they're constantly buying bonds that's the bank of japan or boj so what this means is even though yes they're keeping the money cheap in japan and the government is still spending and creating a massive amount of debt it's ultimately the consumer the average person that isn't borrowing money to oblivion and pumping it into the economy creating massive inflation so that was one thing that i really learned in my time here in the last two weeks scratching my head about all these different theories that people have on money creation as well as modern monetary theory that i've seen now firsthand and where i pretty much relate that to what i think is going on and one thing as a deal hunter it's one thing that i'm personally very comfortable doing and that is buying low and selling high and i've done this with pc parts before that i did it with car parts and now i'm going to be doing that with what i feel is the yen i feel like buying the yen right now is an absolute bargain i feel when i compare one dollar aussie and i get over 90 yen for that that 90 yen just buys me so much more in a country that's extremely clean extremely safe and has a great standard of living anyway guys with that initial talk out of the way with what we saw as quantitative easing aka mass easing via governments we're now going into a different phase where especially in the us and australia and the uk is as opposed to japan japan's a little bit different i feel like they're going to try and just keep the cheap money up because there is really not many people borrowing here but in america they've got a serious problem where people have definitely borrowed way too much australia has this same problem and i'd say australia may be even worse than the u.s in that inflation was extremely bad even though the government was reporting some ridiculously low figure of three percent inflation in since 2019 to 2022 prices at the supermarket on average at least went up 25 percent and that's a huge number that's a massive kick for inflation coming in as the average person especially if you like to save money you don't like to borrow money but of course if you're borrowing money you're in a much better position because your loans have essentially gotten cheaper but how long that will be for nobody knows because what happens on the other side of the fence after quantitative easing can come quantitative tightening and basically that means mass tightening in that they're instead of printing money and creating money out of thin air or allowing the consumer to create money after the governments they can then destroy money the central banks essentially sell the bonds or they let them roll off and that money is then destroyed out of existence but basically when this happens it does create um so now what does this mean for you as a pc tech enthusiast well if you're the pc tech enthusiast that does save some money and you've been waiting to buy pc parts at a cheaper price all things considered that's all other things considered if you've got this cash and production doesn't stop and we don't have any more mishaps then parts will get cheaper with what's happening with quantitative tightening on the horizon as well as interest rates going up now if anything the last two years have taught us is that this whole thing is an absolute rollercoaster ride in predicting what's going to happen in the future we've seen shenzhen in china they've recently shut down due to this sickness and that does mean an artificial drop in supply and so if this sickness never came around production would be at a different level and supply would be at a different level and so if you coupled that with the reduction in money supply then you would have cheaper prices naturally though one thing with graphics card prices regardless of shenzhen is that there are so many of them out there and they're mining crypto and so when you have a reduction in money supply you will naturally see i believe crypto prices starting to fall since this market is heavily leveraged on borrowed money so if interest rates go up money supply gets choked crypto prices will come down naturally and they may come down dramatically and so what this means is then you may see a massive amount of gpus on the market a flood sale i'm predicting this to happen sometime around september that's been my outlook and so if you wanted to build a gaming pc i believe september will be the best time to build a gaming pc this year though as with anything related to the future i don't have a crystal ball but i am starting to analyze this stuff a lot more in depth and relay it to you guys so hopefully you enjoy these sort of tech and finance videos mixed i know some people in the comments are telling me you're not an economist you shouldn't be talking about that and my reply to that is well these lovely economists back in 2020 were saying that there was going to be no inflation and as we've seen in the last two years inflation has been anything but transitory and low unless of course you're in japan anyhow i hope you guys enjoyed today's video if you did be sure to hit that like button for us also if you want to see a little tour of the new tech yes studio that's being set up in japan then i can give you a tour of that as well as talking about japanese real estate in general where i got this apartment here three-bedroom apartment about 40 minutes out from tokyo i've now got one gigabit per second fiber so it's absolutely crazy just seeing how fast this internet is compared to australia where i'm just watching my videos upload in like 10 seconds in japan as opposed to sitting in australia for hours just waiting for my videos to upload is a lot quicker here and the good thing is about the internet here it only cost me like a usd wise about 30 to 35 dollars a month for unlimited one gigabit per second fiber that doesn't throttle either download or upload speeds but if you guys want to see that happen i can make a video like that happen for you and with that aside thanks for the support thanks for watching the vids and also thanks for commenting all the time i really appreciate it it's been a pretty difficult time transitioning from australia into japan in the last couple of weeks i've been prioritizing my son who i haven't seen in over two years it has just been a relief off my shoulders to be able to see him again be able to hug him and just be able to spend time and play jewel masters which is his favorite game right now we've been playing that been playing some wii u mario 3d and he's really good at that game so and i've been told he shouldn't be getting into gaming but gaming's in my dna and i'm sure it's in at least half his dna so that's a pretty good thing and we've got the question of the day which comes from frozen biscuit uh just spelt like limp biscuit but it's frozen instead of limp and they ask how many hard offs were in this video i'm not sure if this came from a troll account or whatnot but we went to the pc used junk store it wasn't pc sorry it did junk stores and they're called hard offs in japan and there was three hot offs that were in that parts hunt and unfortunately they weren't that great i didn't get any hard-ons at least for one of the deals there was a um a decent deal there with the motherboard eight gigabytes ram cooler and that was a decent combo we picked that up for around 25 usd but besides that the hard offs are kind of falling out of meta and uh they are sticking to the name now and i hope that answers that question and with that aside i'll catch you guys in another tech video very soon if you stayed this far and you want to see the content as soon as it drops manage to hit that sub button ring that bell also if you want some behind the scenes access for as little as a dollar a month you become a member here and hit that join button where you can get some extra behind the scenes footage and me also giving my thoughts and opinions about different things here at tech yeah city and without aside i'll catch you guys in another tech video very soon peace out for now from japan bye\n"