I'm not really surprised at all the "less" answers, but I don't really believe it. I think people are bluffing, and once the reality of $120 and up games sets in, people would buy at that price. More than half what they buy now at $60 anyway.
And by the way, in this scenario, games would drop to $40 instead of $20 once they become cheap.
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90s games > 00s games