That $1000 system in 1970 would cost $6552 today. People get stuck thinking the value of money is static and are shocked by $6552. The only thing that doesn't change are the hours and minutes required to make this amount. I.E., It takes the same amount of time to earn $6552, in 2019, as it did to make the $1000 in 1970.
Moderately priced audio
So I have been a audiophile for 40 years and in that time I have seen and owned a huge amount of equipment. Lately I have been reading Sterephile magazine and attended the last 2 years of Axpona. My question is what about the people that love the craft and get tremendous joy out of their audio systems that are in the $2-5K price range. Are they to be ignored? I know this hobby holds a lot of enthusiasm by people that have great sounding systems of new and vintage gear that they are proud of and enjoy listening to. While I appreciate the sound and the technology of the systems that cost more than a house I think there is a slice of enthusiast that are silent. Back in the 70s I worked at a stereo store that your average person came in and spent $600-$1000 and got a good sounding system. And we sold a lot of them. Seems a lot less interest today. Could it be the price of what you see in magazines and shows? I am curious to see if you people are out there that love the music and get great joy out of listening to your moderately priced audio equipment. Feel free to share what you have. I know you are out there.