"The new $120 Raspberry Pi 5 16GB" — remember when the mission was to deliver "the ultra low-cost computer" back in 2012? https://www.cam.ac.uk/stories/raspberrypi (the cheapest Pi5 version starts at $50, twice the original stated goal)
I am on the "glass is half full" side here though... I think it is still affordable and not everyone needs the 16 GB version... moreover the people who can afford it might sell their previous ones and re-stock the 2nd Hans market