Over 40% of money in circulation was “printed” in 2020. It’s just a matter of pouring a ton of cash into the system combined with an industry that was primed for surge. So, “stimulus” related, but not from stimulus checks. And cards weren’t the only thing that went up!
Now the question is if they’re a decent idea for hedging against inflation. Tough call. Some believe there will be a “great reset” with our financial system and economy. Some believe this is just the beginning. With metaverse, NFTs, crypto, etc… we’re either gearing up for another bubble, or an evolutional shift. I’ve read interesting pieces on both sides. With baseball cards, I play it like others have mentioned. The most basic advice. Don’t gamble what you can’t afford to lose and there’s nothing wrong with a little diversification. The bonus is you get to enjoy them!
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