Fed rate increase = lower hifi prices?


Will the recent rate hike meant to slow down the economy result in lower hifi prices?  Seems everything shot up during Covid. Will we now see some relief?

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Showing 1 response by lordmelton

When people can't afford to pay their mortgage, car payments etc. due to inflation and higher interest rates, one of the first things to go is the HIFI system.

Manufacturers and dealers will dump products through grey market dealers enabling them to maintain the facade of charging full retail while not honouring warranties.

I acquired most of my high ticket items during previous market crashes.