PolitiFact, Louis Jacobson reported, “ phenomenon and exaggerates it beyond recognition. While experts agree that prices tend to go up quickly after a market shock but usually come down more slowly once the shock is resolved, this phenomenon only occurs on a short-term basis – a couple of weeks in most cases.”
In celebration of the launch of the “Great 78 Project” the Internet Archive is sponsoring a Community Screening of the PBS documentary series “American Epic”, an inside look at one buy sales lead of the greatest-ever untold stories: how the ordinary people of America were given the opportunity to make 78 records for the first time.
“Without the recording lathe, Willie Nelson would have never heard the Carter Family sing. Neither would Merle Haggard or Johnny Cash. These portable machines toured the country in the 1920s, visiting rural communities like Poor Valley, West Virginia, and introducing musicians like the Carter Family to new audiences. This remarkable technology forever changed how people discover and share music, yet it was almost lost to history until music legend T BoneBurnett and a few friends decided to bring it back.” Charlie Locke – WIRED.