Whether it is quantitative easing, the Treasury buying up fresh Gov't bonds, Covid relief packages, the huge deficit, there is a massive amount of cash floating around the country and, as a result, I feel the U.S. dollar is being debased.
One prop for the $ has always been that international commodity contracts are denominated in our currency, eg. gold and oil. If that arrangement is somehow changed, and it would be hard to do so, there would be a run on the dollar, benefiting those holding foreign currencies, Yen, Euros etc. Inflation would also hit hard, affecting all of us.
I operate mainly as a wholesaler for the AH's. My buying side over the last 1.5 years has been practically non-existent due to prices. I feel I am fighting against other bidders on Ebay who either don't know what they are doing or are these mysterious cartels. Perhaps autographs are a realistic alternative, although the top ones are, like cards, rising quickly. Just look at Satch.
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