Conspicuous Consumption?
"At what price does a high-end product cease to exist for the 'normal' audiophile?" This question, which I asked in the February 2017 issue, was a follow-up to one I'd asked in our April 2011 issue: "If all someone is offered is a $150,000 pair of speakers . . . that person will walk away from this hobby, or build his or her system by buying only used equipment. Either consumer choice turns the price spiral into a death spiral for manufacturers."
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