I find it interesting that the comments here have not mentioned that the DISTRIBUTORS as well as the video card makers are responsible for much of the GPU price increases, with AMD and NVIDIA not being responsible for the price increases.
Remember the order of things, AMD and NVIDIA make the GPUs, and then ship them to the video card makers who then make the video cards. At that point, the video card makers sell the completed video cards to the distributors who then transport and sell them around the world. The video card makers are not obligated to sell cards at any given price point, and the distributors are not being controlled or regulated by anyone. Normally, you might see the price from manufacturer to distributor being 30-40 percent below the expected selling price in the retail market, giving plenty of room for the distributor and retailers to make a profit before selling the product at MSRP.
So, what is the real MSRP for each model video card from the video card makers. Seriously, Asus, MSI, XFX, Sapphire, PowerColor, etc., they all make these video cards, but we have NO idea what THEY set the MSRP for for these cards. Without that, there can be no natural control. The reference designs from AMD and NVIDIA as well...vs. the pre-overclocked versions of cards with custom-designed cooling and such will have a different expected price. The closer the design is to the reference, the more you would expect the MSRP of that card would line up with MSRP from AMD/NVIDIA.
So, where is the accountability in the market, and why don't we have those regulators from the EU and USA cracking down on abuses by the distributors and shipping companies who are jacking the prices way way way beyond anything reasonable? Complaining about crypto or this or that when it is entirely because of the video card makers and distributors just shows how far off the mark people are about who is to blame.