Quote:
Originally Posted by ajjohnsonsoxfan
I think stimulus funds played an oversize role in the run up in prices. Think about all the business owners in the US (google says approx 31.7 million). There were two rounds of stimulus rounds available to business owners that allowed them to keep workers with funds mandated to cover payroll expenses. The calculation was 3x your monthly payroll amount. So for example if your business employed 75 people with a monthly payroll of $375k you got two checks for $1,250,000 each. $2.5M total. For those business owners who were unaffected by the pandemic, that was just free money to spend spend spend. Hence the huge price increases. What cards would you buy with $2.5m? :-)
|
If indeed the federal government was funding well-off people's purchases of sports cards in a national crisis, it's little wonder to me why the far left is gaining traction in this country.