Quote:
Originally Posted by packs
Why would inflation be a silver lining for low tier cards? During inflation the rate of everything rises proportionally.
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Not sure if this is what was meant, but I assume he meant that if the rate of everything rises proportionally, including cards, then they are a safe asset compared to cash, which will lose its value over time.
Of course there are way too many assumptions built into that line of reasoning for it to hold up in actual practice, but I think that must have been what he was getting at.
About the bigger question of what happens to cards in a recession, there is this article here about the art market, which is an obvious parallel:
https://medium.com/@masterworksio/wh...s-2cc9c20451b8