Prices Rising?

[Fahzz]

I've noticed that prices of some audio products are going up - KEF and Denon for example. Is this due to supply chain issues? Is it temporary?

 

[KeithPhantom]

If it has any type of integrated circuits, you already know what is happening worldwide with that market and supply chain....

 

[Ron Texas]

It's a combination of the chip shortage and general inflation.

 

[Astrozombie]

Container shipping has also gotten more expensive.

 

[Plcamp]

I remember the early 80’s. My subsidized mortgage was 11.75%.

 

[Colonel7]

And tariffs play a role at least for US consumers...

 

[muslhead]

I remember the early 80’s. My subsidized mortgage was 11.75%.

mine started at 17.5 and ended at 21.5, increasing 1%/year each year for 4 years.
Those were the good ole days

 

[sq225917]

Containers. Our pre contracts are at 2.5k for a 40 foot, current open market spot price is around 16k

 

[Destination: Moon]

Containers. Our pre contracts are at 2.5k for a 40 foot, current open market spot price is around 16k

Wow!

 

[FrantzM]

We are beginning to feel the impact of the pandemic on the World economies. Inflation in the USA is currently at an unsettling 5%. It was 1.4 last year and 2.3 in 2019.
https://www.usinflationcalculator.com/inflation/current-inflation-rates/

 

[Lawyrup843]

Temporary? Last time I checked the price of most things rarely go back to their lower price. Unless another huge change in the economy occurs. When that happens most people will be more concerned with things more important than electronics. IMO

 

[DVDdoug]

Here in the U.S. the money printing machines are running overtime and that dilutes the value of the dollar.

Temporary? Last time I checked the price of most things rarely go back to their lower price.

I remember my dad explaining what "inflation" means when I was a kid and I was thinking, "Don't prices always go up? There's a name for it?"

But, technology prices do trend down as long as the technology is advancing.

 

[GD Fan]

A year ago I bought a MIM Stratocaster after the price had risen from $650 to $700. Today the same merchant has the same model priced at $830!

 

[JJB70]

Shipping rates will drop back again, the current abnormal rates are the result of a near perfect storm for the industry.

 

[sq225917]

They're largely due to covid restrictions in the US causing ships to queue for days outside of ports, which puts the squeeze on containers as there literally been an increase in the order of 400,000 containers on the water at any given period, this causes stock to pile up at warehouses at the outgoing ports, once this happens they store extra stock Portslade in containers which squeezes it even more. Add in reduced staff availability, that sue canal delay and it is a perfect storm.

There's also a significant amount on speculation on the market, with profiteers buying forward availability which drives up prices. This didn't used to happen but the hedge funds saw trouble coming and bought in big. The scum.

 

[HiFidFan]

I remember the early 80’s. My subsidized mortgage was 11.75%.

mine started at 17.5 and ended at 21.5, increasing 1%/year each year for 4 years.
Those were the good ole days

Yup, one could lock in 15% on t-bills back then too.

 

[HiFidFan]

Apparently this inflation is only transitory. Nothing to see here. . .