Will this stock market madness affect cards?

[joshuanip]

what We’re seeing is credit deflation in a longer term debt cycle. Each time we had losses, 2001, 2008, 2020, global central banks would reflate is through more debt. At first the debt was mostly at first private, until the great financial crisis (GFC) which was a generational transfer of price to public debt in. Bid to bail out private sector. But each reflation, due to unnaturally low interest rates, market participants understated their cost of capital and led to misuse of capital, ala tech bubble in 2001, real estate in 2008 and the everything bubble in 2019. And each bailout became larger and larger until it is now (hopefully not) seem to be pushing on a string in fed policy.

Coming back to cards, cards appreciated along with every other asset class in this race to zero interest rate policy (zirp). But as we are now in a period of deflation, we will embark on an even bigger globally coordinated stimulus plan so we can one more day, blow bubbles. Which will lead to even higher asset prices, attack of the middle class, further capital moral location and an even larger potential debt crisis down the road.

Back to your point, I do believe the stock market volatility will adversely impact the prices in our hobby. at the same time I believe there will be the mother of all qE that will be unleashed soon, as we never had such a quick shut down on Main Street and Wall Street.

[vthobby]

Originally Posted by joshuanip

what We’re seeing is credit deflation in a longer term debt cycle. Each time we had losses, 2001, 2008, 2020, global central banks would reflate is through more debt. At first the debt was mostly at first private, until the great financial crisis (GFC) which was a generational transfer of price to public debt in. Bid to bail out private sector. But each reflation, due to unnaturally low interest rates, market participants understated their cost of capital and led to misuse of capital, ala tech bubble in 2001, real estate in 2008 and the everything bubble in 2019. And each bailout became larger and larger until it is now (hopefully not) seem to be pushing on a string in fed policy.

Coming back to cards, cards appreciated along with every other asset class in this race to zero interest rate policy (zirp). But as we are now in a period of deflation, we will embark on an even bigger globally coordinated stimulus plan so we can one more day, blow bubbles. Which will lead to even higher asset prices, attack of the middle class, further capital moral location and an even larger potential debt crisis down the road.

Back to your point, I do believe the stock market volatility will adversely impact the prices in our hobby. at the same time I believe there will be the mother of all qE that will be unleashed soon, as we never had such a quick shut down on Main Street and Wall Street.

A couple weeks ago, I saw the market go up.......then it went down a lot........then it kind of went up, it spun down hard the next day and I got scared........ you know.......actually....... I like what Joshua says better......so....what he said!

[brianp-beme]

What will all this mean for our Stocks and Bonds?

Brian

[mr2686]

Hopefully it will mean