ORIGINAL: rgburrill
ORIGINAL: JCINTEXAS
The bottom line is this: The U.S. Dollar is being devalued via inflated money supply. The Federal Reserve is injecting about $80 Billion per month into the money supply which has the effect of reducing the buying power of the U.S. Dollar. This affects the prices on everything, but especially on imported products....and most ARFs are imported. I understand this Forum is about our model airplane hobby and not about economics or politics. However our hobby/sport does not exist in a vacuum. ARF prices are rising because of realities outside of our hobby. In a few years we will look back at today's prices as the ''good old days''.
Best Regards
JC
I don't always fly R/C...but when I do, I fly FASST.
The OP and other respondents are not in the US and still have the same problem. While certainly the FED is directly hurting those of us in this hobby it only has a small effect on the rest of the world. The biggest problem, I believe, is that the cheap, unskilled laborers in China (in particular) are demanding more money. And they are probably learning from our unions about things like work slowdowns.
Work slowdowns, Heck thay are taking their bosses hostage! I kid you not, you see that story about a south Florida man who owns a medical supply company in China and his workers held him for like a week and forced him into giving them severance, etc.....
I agree the "Cheap Labor" days are comming to an end
it's costing more to fly than ever for me, but still worth it
