Rich Guys and Reviewers Running Amok in Hi-Fi

Hi-fi has always been a hobby for people with extra money to spend. But it was in the 1990s that the prices for some of the equipment got, as one designer succinctly described it to me, “stupid.”

Before then, most products were priced from a few hundred dollars to the low tens of thousands of dollars. As a result, anyone with a good job that gave them a moderate amount of disposable income could afford to get into good-quality hi-fi, particularly if they were willing to put off buying a new car for a year or two. However, beginning sometime in the 1990s, the upper ....


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