The Economic state of America in terms of the US Dollars and how it is gradually decreasing in value isn't just going to affect the Economic factors of the US but it will also affect the gamers that are waiting to buy the Playstation 3 in the view of a price drop happening. As with these events that occurring, this means that there is a very, very, very slim chance of there being a price drop this year. Though Sony's President, Ryoji Chubachi how ever states they are going to try and lower the cost of production in order to counter the current down fall in order to offer the price drops for consumers.

Economics and video games rarely intersect unless you're playing SimCity or and RTS, but nevertheless today's poor US economy could be taking a PS3 price cut off the table for 2008.

Basically, the US dollar stinks right now, while the Japanese yen is surging. How does this affect you? Well, if you're one of those gamers who's waited to buy a PS3 because of price, and thinks that the 2007 Sony price cuts will continue in 2008, the future isn't looking as inexpensive as you might have hoped.

U.K.-based gaming pub GameIndustry.biz reported today that the current economic conditions described above could impact the Sony's ability to offer any further price cuts on the PlayStation 3 in the foreseeable future. Sony, for its part, says it has a plan in place to deal with it.

"As to the situation of the US dollar's weakness in the medium to long term, we already have a strategy to deal with it," said Ryoji Chubachi, Sony president. "We will lower our production costs as possible as we can and we will choose production sites to cope with the industry's weakness, and in the short term, we will try to accept more orders."

In layman's terms, that means you can expect to see the PS3 SKU price points pretty much set in stone for the remainder of 2008.

tidus04 via gamepro.com »