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Old 06-24-2024, 02:04 PM
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Touch'EmAll Touch'EmAll is offline
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The last big inflationary time was way back during the Carter Adminisrtation, around 9% I think. By the mid-80's inflation had dropped and we then had the next 40 years of actually quite surprisingly low inflation. Count your blessings that we were able to accumulate the collections we have at reasonable prices before this next highest inflationary period we are in right now.

Of course, that doesn't help the younger crowd that are now in their early adulthood years. Good chance inflation eases soon, and then hope we don't see another rapid inflation time for many years to come.

Prices today are seeming like the new normal. If the younger crowd accepts this, and with luck we don't see hyper inflation for many years, then keep with the collecting and hold.

Then years down the line when this group approaches retirement, another big inflationary time will hit and we will all be saying again ... "thank goodness I bought when I did."
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