Magico Pricing

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mep said:
This is the second time now in this thread you have called Capitalism immoral. Keep it up, you are sounding like a socialist every time you make that statement and you are trying to turn this thread into political posturing.
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Morality has nothing to do with politics, or does it in your case? Only you have brought up politics. Capitalism can be and is a good thing because it allows for other than state run businesses. It just isn't right when a CEO makes a 1000 times more than the people doing the work. If we don't agree, fine, that is what makes the world go round.
 
I find it ironic that anyone in high end audio and probably having other nice expensive "toys" and possessions, a nice house in a desirable place with the freedom to post whatever they like would intimate or flat out assert that Capitalism is immoral!

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There also seems to be a recurring assertion by some that a price is not a rip-off if someone chooses not to pay it. A price on something can still be a rip off in and of itself. The person electing not to pay it is a separate circumstance. These two topics are being conflated incorrectly, IMHO.

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SCAudiophile said:
I find it ironic that anyone in high end audio and probably having other nice expensive "toys" and possessions, a nice house in a desirable place with the freedom to post whatever they like would intimate or flat out assert that Capitalism is immoral!

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Let me revise a little bit, "Can be"
 
SCAudiophile said:
There also seems to be a recurring assertion by some that a price is not a rip-off if someone chooses not to pay it. A price on something can still be a rip off in and of itself. The person electing not to pay it is a separate circumstance. These two facts are being conflated incorrectly IMHO.

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[emoji3516]this! Just because no one is pointing a gun to your face, it doesn’t mean something isn’t a rip-off.
 
Exactly

Con artists rip people all the time - and just because somebody falls for it doesn't subtract from the fact it's a rip off.

IN NO WAY am I saying that Magico is a rip off. I only say this in this thread because it's so far away from its original topic.
 
The ongoing effects of runaway inflation are causing a distortion in our price perception.


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"IN NO WAY am I saying that Magico is a rip off. I only say this in this thread because it's so far away from its original topic."

Good point, same here for my posts, not implying Magico pricing is a rip-off.

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kzhtoo said:
[emoji3516]this! Just because no one is pointing a gun to your face, it doesn’t mean something isn’t a rip-off.
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There's a difference between saying a price for a commodity is a rip off vice saying you bought something and were ripped off as a result of your purchase.
 
Mike said:
The ongoing effects of runaway inflation are causing a distortion in our price perception.


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This timely post came up in a thread on another forum I am following.

Post-Gotta love inflation

Reply-which is very often just price gouging.
 
Mike said:
The ongoing effects of runaway inflation are causing a distortion in our price perception.


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It's not all "perception". It is true that inflation has run up and costs have increased bringing them legitimate needs to increase prices. By the same token,
you cannot convince me that all these audio and speaker manufacturers (cables, etc..) just so happen to design and build amps, others components, speakers
whose price increases purportedly due to these factors happen such that they all result in eye-popping big jumps in prices into the same or eerily similar price bands.

I will stay away from naming brand and model names as this seems to be happening across the industry all under the guise of inflation/costs/"CODB"/etc however
I believe I've noticed more than a few examples of "unnatural gymnastics" with some interesting coincidences happening in product range and price ladders out there
with special attention paid toward speakers and amps & preamps in particular.
 
SCAudiophile said:
It's not all "perception". It is true that inflation has run up and costs have increased bringing them legitimate needs to increase prices. By the same token,
you cannot convince me that all these audio and speaker manufacturers (cables, etc..) just so happen to design and build amps, others components, speakers
whose price increases purportedly due to these factors happen such that they all result in eye-popping big jumps in prices into the same or eerily similar price bands.

I will stay away from naming brand and model names as this seems to be happening across the industry all under the guise of inflation/costs/"CODB"/etc however
I believe I've noticed more than a few examples of "unnatural gymnastics" with some interesting coincidences happening in product range and price ladders out there
with special attention paid toward speakers and amps & preamps in particular.
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Cables I’ll leave alone. But generally, everything is affected by inflation. Everything. The bulk dog food we buy was always $99. For years. It’s now $140. It went $120, $130, $140. Inflation is the biggest middle class tax. Look at the price of a dozen eggs. Everything is affected. Have you priced a pool lately? Insane.


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Pricing a pool (or the house with it) is enough to make ya want to go jump in the lake [emoji1787].

Though I'm a properly rabid audionut with respect to cables, we can definitely agree to leave cables out of this[emoji2]

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In the eyes of this observer, this thread seems to have run its course.

Summary:

Magico has raised prices.
 
Mike said:
Cables I’ll leave alone. But generally, everything is affected by inflation. Everything. The bulk dog food we buy was always $99. For years. It’s now $140. It went $120, $130, $140. Inflation is the biggest middle class tax. Look at the price of a dozen eggs. Everything is affected. Have you priced a pool lately? Insane.


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Current rate prices will double every 7 yrs ..!
 
a.wayne said:
Current rate prices will double every 7 yrs ..!
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Only if the poor economic policy decisions of the last 2.5 years continue to be made. As an example look at how much energy cost have gone up and interest rates are at the highest in 40 years due to these decision. The inflation rate prior to the last 2.5 years was virtually nil (have you priced food lately? It's insane). Debt just hit $33 TRILLION for the first time in history. People seem to forget the biggest driver of inflation. Blame the source - not the people who are harmed by these decision and then adjust prices accordingly (businesses and consumers).
 
Not regarding Magico specifically I went out early in the year considering a couple hi-end brands and was told by the dealers of the brands the business model was to raise the prices 3% each quarter and if I was if I was interested I should move quick. Who knows maybe 3% a quarter will help used value, but for me hearing that price structure form 3 different dealers about 3 different brands was a reality check.
 
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