Quote:
Originally Posted by rats60
There are people getting the full 3600, with another 2800 coming, that don't need that money. Add in money not spent on vacations, going to cards shows, going to games, going out to eat and to movies, etc and there is plenty of extra money being spent on cards.
It is not like this happened overnight. Stimulus checks started hitting last April. Vintage really started jumping in January. That is plenty of time for guys to flip cards and have 5 figures to buy cards. There were huge run ups in modern cards, especially basketball and Project 2020, last year and guys have moved from prospects into legends as more stable investments. This is not the whole cause, but is one of several major factors.
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The stimulus checks are a smaller part. I have a few friends that got laid off. They are getting normal unemployment checks and a huge extra check every week. They are making WAY more money not working than they would make actually working. I could see this increasing the sales of cheaper(under 2K) cards but not the insane rise in the 2K+ cards.