I think the core Idea is that in the eye of the industry we should have been paying 70 dollars earlier and if we extrapolate that assumption to their actions we can see the last decade or so has been a cavalcade of attempts to do just that. The most successful being premium editions and extremely shallow cosmetic micro transactions that ultimately take no effort despite costing often a non trivial percentage of the asking price.I'm super used to this price cause it's been this way in Japan for many years now already, so while it sucks, at the same time I realize that whenever I end up getting a game it's almost always the LE which costs more than 60 bucks anyways.
I think the issue is more that this increase feels like it's arbitrary and comes with no additional benefits such as improved gaming than anything else. If there was a way to show that such a thing was transpiring I'd not mind it one bit. And no, merely being on a next gen system doesn't suffice.
Either way they will keep trying to bleed money from people until either those people shrivel up and die.. or things get ugly.
If mobile is anything to go by .. it seems there is still plenty of blood to squeeze out of people.
Its going to be a very dark day when western publishers start emulating genshin impact now that it is getting this much exposure.