What Caused the 2020 Video Game Price Boom? [Retronomics]

In 2020, the video game market witnessed an unprecedented surge in prices, which continued for the next four years. Delve into the factors behind this remarkable price boom as I examine 23 thousand listings across 48 video game consoles from 2020 to 2023. Discover the precise moments when prices spiked and the extent of their escalation. Furthermore, I explore correlations with Stock Market fluctuations, Bitcoin, Ethereum, and even used car prices during the same period. This video provides an overview of the overall game market, with upcoming installments focusing on specific consoles, offering a deeper dive into the impact of the 2020 Price Boom on video game prices

Some of the 48 consoles include the Nintendo Entertainment System, Sony PlayStation 3, Sega Dreamcast, Xbox 360 and the Neo Geo AES.

#VideoGamePrices
#2020PriceBoom
#MarketAnalysis
#VideoGameMarket
#GamingTrends
#Retronomics
#DataAnalysis
#TrendAnalysis
#MarketInsights

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Sources for my data:
Pricecharting.com
Gamerstonks.com
Cargurus.com
finance.yahoo.com

Console images
https://commons.wikimedia.org/w/index...

stories referenced
10 Most Graded Games
https://www.subzerocomics.com/post/th...

PS5 Backwards compatibility rumors
https://screenrant.com/ps5-backward-c...


Timestamps for the Lazy
00:00 Intro
00:21 Welcome to retronomics
02:19 How Retronomics Works
04:59 Game Market Recap By Year
13:29 Monthly Breakdown
21:26 Graded Games
24:10 Final Analysis And Potential Causes