Vladimir 🎩
@xbtvladimir
166 Following
329 Followers
3 replies
1 recast
3 reactions
3 replies
1 recast
15 reactions
2 replies
0 recast
10 reactions
4 replies
0 recast
17 reactions
0 reply
0 recast
11 reactions
Funflation refers to the rapid rise in prices for leisure and entertainment activities, driven by post-pandemic demand, supply chain disruptions, and increased operational costs. As people seek out experiences like concerts, festivals, and vacations, businesses capitalize on this pent-up demand by raising prices. This trend is influenced by inflation psychology, where consumers accept higher costs for discretionary experiences, despite financial strain. However, funflation exacerbates the divide between luxury and affordability, potentially pricing out middle- and lower-income individuals. It may lead to shifts in consumer behavior, with people opting for fewer high-value experiences or turning to more affordable entertainment alternatives. Long-term, funflation could spark competition and innovation within the entertainment industry as companies and consumers adapt to rising costs. 1 reply
0 recast
10 reactions
9 replies
0 recast
16 reactions
6 replies
0 recast
22 reactions
0 reply
0 recast
11 reactions
8 replies
0 recast
18 reactions
6 replies
0 recast
13 reactions
0 reply
0 recast
19 reactions
10 replies
0 recast
20 reactions
3 replies
0 recast
16 reactions
0 reply
0 recast
18 reactions
16 replies
0 recast
14 reactions
1 reply
0 recast
25 reactions
5 replies
0 recast
14 reactions
3 replies
0 recast
9 reactions
0 reply
0 recast
0 reaction