Jmc, I'm not sure the point of this:
It seems you are advocating for a return to the gold standard? As far as price stability goals, the Fed has been targeting around 2% inflation +/- 1% for decades. Nothing about the period you referenced (early 2012) is unique. And I don't think big increases in prices for high-end audio are related to monetary policy. Others above more accurately described the phenomena in my opinion.
As for prices rising on the same item, that is just the start of the devaluation of the US dollar that the Fed started early in 2012. We can lower unemployment when you devalue the dollar, the flip side is that retail prices will increase just to stay the same in value
It seems you are advocating for a return to the gold standard? As far as price stability goals, the Fed has been targeting around 2% inflation +/- 1% for decades. Nothing about the period you referenced (early 2012) is unique. And I don't think big increases in prices for high-end audio are related to monetary policy. Others above more accurately described the phenomena in my opinion.