Speaking to Rotchkiss: The "special/new factors" you cite as likely to mitigate any correction in collectable values strike me in an opposite way -- likely to exacerbate the severity of the correction, which is now virtually certain to occur soon. There is no way to stop an inflationary trend once it reaches double digits (Putin's contribution, despite Biden's rheteric, is not in the numbers yet) except by 1) limiting the availability of money until interest rates exceed the rate of inflation: and 2) limiting federal spending until it becomes credible that the existing debt can be serviced and eventually repaid. The recession that will occur when these steps are taken will have the same effect on card values as 2008, but worse because interest rates will be much higher.
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Last edited by GeoPoto; 03-13-2022 at 11:45 AM.
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