Quote:
Originally Posted by Sean
I must be missing some bit of pop culture knowledge. What is Tulipmania?  |
In Holland, I believe in the 1600's, exotic tulips began to sell for huge sums of money, and it started a mania. People began paying king's ransoms for the most exceptional examples. And then in the blink of an eye, when everyone suddenly realized how silly it was, the market went poof and the tulips became worthless.
The tulip craze is now a metaphor for prices skyrocketing without rhyme or reason.
And I agree with Jay. The supply of these things may be small, but if they go out of favor one day, the prices will plummet. Not saying it will happen, just that it could.