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Speaker Asylum General speaker questions for audio and home theater. |
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Speaker Asylum General speaker questions for audio and home theater. |
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In Reply to: Hifi prices seem unrelated to currency fluxuations and inflation. Its a one way street - up, up, up. posted by Rick W on April 6, 2017 at 12:14:21:
Increases in hifi prices can be caused by many factors including greed on the part of distributors. However inflation is measured in a number of ways but usually by a government agency comparing what is known as a "basket of goods" with that of the previous year. The goods in that basket changes over time as they are chosen to reflect what most people are buying or otherwise spending (mortages etc). Hifi probably has never been in the basket or if it features at all is subsumed within a broad category like "electrical goods" or " home entertainment". So it can be misleading to apply a general inflation figure against a specific item or group of items if they are not generally consumed by the populace e.g. kobe beef, yachts, old master paintings, tube phono stages.
One reason that the top of the line 834P has gone up may be that the chrome fascia, which I believe is plated in Germany, has incurred an increase in price due to the reduced value of the pound v. euro meaning that Tim de P has to pay more for it. In additon the price of raw chromium has increased significantly this year which may work through to another increase.
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Follow Ups
- RE: Hifi prices seem unrelated to currency fluxuations and inflation. Its a one way street - up, up, up. - PAR 00:59:51 04/08/17 (1)
- Ahh, the price of the NON-chrome mm unit has also gone up waaaay past inflation - from $895 to $1695. nt - Rick W 07:18:38 04/08/17 (0)
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