I*have to believe that the value of the dollar will have to erode longterm. The decision way back in 1948 at the Bretton/ Woods Conference to make the dollar the world's reserve currency was probably fine until Nixon went off the backing of gold in 1971, and all bets were off. Quantitative easing and Covid relief packages have left the country flooded in liquidity and the repayment of all these bonds plus interest will reflate even more. Let's face it the Federal Reserve's actions is almost a Ponzi scheme in that new investors are needed to keep the party going. I don't think we are at the stage where the prices of oil and gold are soon to be denominated in Euros, Yuan or Yen but do feel the days of dollar dominance are fading.
All of that just means that there should be ample surpluses of money for those who have some to buy sports' cards. Right now it is a wild and heady environment for those those who can play the game. My God, 90K for the Goudey #53 Ruth in last night's REA auction just seems surreal
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