<story><title>Trading cards are cool again</title><url>https://www.tradingcardsarecoolagain.com</url></story><parent_chain><item><author>pram</author><text>Absolutely everything is frothy right now. I wouldn’t make any long term conclusions from the markets today, since this seems like an exceptional time. That is to say, I think the “bull case” for many things atm are heavily tainted by irrational exuberance.</text></item></parent_chain><comment><author>dQw4w9WgXcQ</author><text>Thing is everything &lt;i&gt;feels&lt;/i&gt; frothy because people haven&amp;#x27;t reset their mental model on what the dollar is actually worth.  Over the past year or so the Fed took every pre-pandemic dollar in your pocket and made it worth about 70-80 cents.  PPIA (Post-Pandemic Inflation Adjusted) the values on a lot of things are just fine.</text></comment>
<story><title>Trading cards are cool again</title><url>https://www.tradingcardsarecoolagain.com</url></story><parent_chain><item><author>pram</author><text>Absolutely everything is frothy right now. I wouldn’t make any long term conclusions from the markets today, since this seems like an exceptional time. That is to say, I think the “bull case” for many things atm are heavily tainted by irrational exuberance.</text></item></parent_chain><comment><author>whatshisface</author><text>It&amp;#x27;s never going to be easy to distinguish between irrational overall exuberance, and enormous focused pessimism about currencies.</text></comment>