Music gear price rises as Pound plummets.
Feb
04
4 February 2009 , admin @ 1:31 pm

If you’re hoping to bag a bargain as a result of the Credit Crunch, think again.

In a cruel twist of fate – if you were thinking prices would be falling, then – alas – quite the reverse is true.

In the last few months, the humble Pound has weakened against the dollar from 2.00 USD to less than 1.50; in rough terms a 25% fall. So what?  I mean, do we really care about foreign exchange when we should be making music??

Well, here goes.  This softening of the Pound [note: that's economic speak for it's fallen in value] has now started to ripple through, meaning US sourced goods are more expensive for us Brits.  Fantastic news for us that is, for sure.

A good example of this is the Novation x-Station 25, which I’ve been wanting for quite some time; it has risen from an average price of around 270-280 GBP up to a whopping 340-350 GBP; an increase of c. 25%. I am not sure where these retailers think us punters are going to find an extra 25%, given all the doom and gloom about job losses, etc.?

As for me?  Well, I’ve postponed the purchase of the x-Station 25 once again!  Damn you … global Credit Crunch!

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