Bubbles, Beanies, and Bullion: A Lesson from My Youth
I’m just old enough to remember Beanie Babies, the State Quarter program, Pokemon cards, and the inflation of the dot-com bubble. All at once.
And at the time, I was just old enough to have begun learning about coin collecting, a hobby I still pursue today. As part of my education on coin collecting, I learned the basics of supply and demand, which seemed not to apply during the run-up of the Big Bubble in the late 1990s.