US inflation is going strong yet again. Peaking in July, United States inflation is at its highest rate since 1991, a staggering 17 years ago. The consumer price index (CPI) also increased as well, signaling an increase in the costs for a representative basket of goods. What does this trend of soaring prices for common household goods mean for consumers? Less spending power in a weakening economy. However dismal this may sound, online poker is relatively unaffected by this sharp rise in prices. Since prices indicate the value of a certain product or service, higher prices for the same good or service seems ridiculous and even unfair. In the online poker world, buy-ins are equivalent to the price consumers pay for any good or service.
Despite the rising prices for most consumer necessities, the price of playing online poker has remained more or less the same. You can rest assured that to enter into an online poker game or online poker tournament you do not need to pay a higher buy -in than the usual depending on the table stakes rules of course. Table stakes rules sets the floor and cap for winning and/or losing in cash or ring games.
