Printing More Money vs. High Card Prices

[Leon]

Originally Posted by JohnnyKilroy

The question is not about the stimulus money that people received. You are correct, people are not spending 1200, or whatever they got, on big cards. The question is about the fed “stimulating” the economy buy continuously printing money to keep us from imploding. So yes.. without a doubt.. it is a HUGE player in driving card prices up. I have to run, but I will explain later if someone doesn’t beat me to it.

Correct. I got 600 dollars. That isn't going to buy much nowadays in nice cards. It's the feeling and sentiment of easy money that is my thought on the subject.

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[Johnny630]

The Fed's Easy Money Printing Def is a big factor.

What I fear is happening is a lot of collectors are in somewhat of a panic mode of FOMO thus running up their credit card limit's on purchases because they're afraid if they don't buy now they will never be able to afford 6 months from now. This Upward Cycle in Ever/Always increasing values of cards doesn't seem to be ending anytime soon. If it does it could get ugly.

[byrone]

This is incomprehensible to me




25 highest-paid hedge fund managers made $32 billion in 2020, a record

https://www.cnbc.com/2021/02/22/-25-...n-in-2020.html