I work in the composites industry. I know that our resin and chemical prices have at least doubled since 2004. The cost of insurance and compliance in the US has been about the same. Every other purchased component , supply etc has gone up also. A double price point boat is not that unrealistic.

Nacra, ahpc, and now Cirrus are all leading the charge to China. No compliance regulations to speak of and cheap labor.

I do not think it is fair to blame currency as the relative rate all across the globe is about the same increase. To believe the class hype that a tight rule set will provide pricing security and/or equal racing is pretty much BS too.
For a long time the Tiger ruled and Hobie was able to more than recover their investment. The success of the class has brought on a huge series of development projects. The Tiger lost at Worlds and just like that we have the Wildcat. The cap while still an almost new design, quickly developed a bad reputation for some of its handling and bam out comes the C2. Nacra had 3 designs come out. Get on any older F18 and a new 1 and the rig development alone makes them almost completely different to sail: constant sail making and rigging evolution. Right now the group all has to tool up new deep daggers. All these things cost money and will continually drive costs of new product. You want to keep costs in line then quit racing.

I spent less than 3K for my first new H16. Now a strict 1 design boat (with relatively speaking zero technology) with all of its development tooling and sales long long ago paid for sells for around 11K.

Like John said: we still have it incredibly good for the relative cost of what we get when buying a cat.

P.S. is that one of the Polish T’s?
I bought a pair of blank carbon mast tubes from Marstom years ago that cost me nearly that much, so I know that price for a new T was not from them.