I can't even... believe it. I guess the three remastered games were worth it. I don't even want to know how much SM All Stars with Super Mario World cost.

But the starting price and speed at which they reach that $10 has gone up.

So the accurate way to look at it is, because of inflation the rate and starting price for working that job has increased, but the maximum wage cap for that job has decreased, as such, it has become more of a dead end job.

Yes, my next post shows it.  I lifeguarded when younger and its max pay was $10/hr.  My cousins who are like 15 years younger than me their max pay is also $10/hr.

I imagine it was $10/hr for many years before I guarded as well.

Only giant save every dollar they can by hiring cheap labor (mcdonalds, walmart, ect) pay the minimum wage.  Most small businesses or stuff pay around $10 an hour.

The only reason it raised quicker was that the minimum wage increased.  Instead of starting price being $7/hr it was $8/hr.  They still got a $1/yr raise.  So it took what 1 less year?  

Again, maximum pay being capped at 10$ shows nothing except for the lifeguarding job becoming more of a dead end job, but the increase in starting wage and increase in reaching that maximum shows, quite clearly, the effect of inflation.

You're still looking at it the wrong way.
If the minimum wage has increased, but the maximum wage has stayed the same, it's the job that has become worse.

yeah unfortunately a lot of people view minimum wage bumps as annoyances and just raise wages less to compensate for having to pay the new employees more

And that is without purchasing power. Inflation went up, but also people do not make as much.

Memory cards also add to a consoles price in PS1s case. Need at least two imo. Interesting that controllers got so much more expensive compared with games. 25----->60. vs games 40-60------->50-60.

A lot of the controller price increase is down to complexity, old controllers were just a pcb with either no controller IC at all (direct wired to plug) or a simple cheap PIC controller doing the job, every button was a rubber gated switch.

Now we have analog sticks, complex charging/IC components, connectors, wireless functionality, batteries, variable resistors, motion sensors and so on.

The factories that produce them also now have to comply to stricter standards such as RoHS that were not mandated until 2003.

Yes but one coudl argue that each of those components in a controller have decreased over the years.  Just as someone showed a 32 mb hard-drive cost 3,500 back in the day and now you can buy a much smaller 1 tb hard-drive for $100.  Wireless tech and other features in a controller should and have decreased over the years.

Except you can't, because previous controllers do not use the same tech as current gen controllers, if inflation continues (and it most likely will), then next generation, should the controllers remain the same price as current generation controllers, then they technically will be cheaper.

In 1996, a second, digital-only PS1 controller was $24.99, after inflation to 2013 is applied, that becomes $36.65, a new PS4 controller costs $59.99, an increase of $23.34, while also adding: full axis motion sensors, charge IC, bluetooth IC and RX/TX, several multi phase LED's, Li-On battery, rumble motors, touch pad, analog sticks, analog triggers, charge port and power management IC. which greatly increases the overall cost of components, the controllers of old were as simple and cheap as they could ever get, with a single PCB containing little more than a series of gated pad switches.

Tech evolving and becoming faster, for example the increase of a CPU speed and the production cost of the component decreasing are not the same as components being added entirely.

Look at it this way, if you have a cheap stereo that cost $19 in 1996, that same stereo would cost $10 or less now, but a stereo with a built in digital TV will cost more than $19, because it contains not only updated components from the 1996 version, but new components entirely.