Audio Research is subject to inflationary pressures just like any other firm, or private person. Smoke and mirrors guys ... smoke and mirrors.
C’mon now oregonpapa, you can’t blame all of this on inflation. ARC’s prices have gone up 200% in the last 7 years. In 2008 the Ref 3 was the top of the line preamp at $10K. Today the top preamp is $30K.
Yes, the dollar has weakened, but not by that much. That is a 200% increase.
I know other audio manufacturers have followed the same path, but most outside of the audio industry are not raising prices 200% over 7 years, not even in education (which is out of control as well).
You can maybe blame 30-40% on inflation, the other 160-170% is on the redistribution of wealth, and the companies that cater to the elitism.