Isn't a devaluation the same as inflation, just measured against other currencies?
Basically inflation measures against itself at an earlier time, devaluation measures against other currencies at the same moment. So it both describes the fact that the currency in question is using purchasing power, measured from different points of view.
But I'm not knowledgeable on the topic, I just mentally stumbled a little when reading this thread which seemingly (to my interpretation of what was written) made them sound like different concepts entirely.
It's inflation fornouschains foreign products, but also makes us products cheaper to the rest of the world which means it's an incentive for exports.
Might have had some interesting effects on the economy if we didn't simultaneously have tariffs making it so that 1) it's hard to buy the machinery to increase US industrial capacity, and 2) nobody wants to invest in the US economy because tariffs cause economic slowdowns.
The price response in secondary markets (refurbished drives here) can be much bigger than the direct effects caused by increases in price for newly produced goods, I think? If the price goes up for new drives, purchasers of new drives hold on to current product for longer, and they are the suppliers to the secondary market. Also, more people might buy from the secondary market than from the primary market due to the price increase, creating a greater supply pressure and price response than is seen in the primary market. I guess it all depends on the shape of the demand curve.
The tarrifs are pretty big, depending on the country (for china, they are huge) and inflation is also pretty high. Things are only going to get worse with the current administration intent on tanking anything that remains of our economy. We are in big trouble in the US.
The one I bought literally this month : $169.
Same WD drive from gHD.