Its a perfect storm of pandemic, inflation, and lack of exciting products. There's nothing that exciting to buy. For example I have a PC and I guess I'd like a few upgrades, but I'm not paying $1500 for a graphics card. Alot of things are nearly double the price they were in 2019 and its dumb. I'd argue fake inflation, since people are getting wise to this crap and opting to wait or just live with what they currently have.