The Government and the collectors market
November 9, 2011 Leave a comment
During the 2007 recession, the government bailed out the stock market by: cutting interest rates, taking over companies too big to fail, and starting bank TARP programs.
Bailing out Wall Street is great for stock owners, but is sucks for people who invested outside of Wall Street in collectibles such as: Star Wars figurines, Faberge eggs, and Cabbage Patch dolls. Those owners have received little to no alleviation from the Federal government in response to the falling collectible values during the recession.
The federal government never took any toxic beanie babies assets off the market to help unfreeze the stuffed animal collectibles market.
The government never made it a requirement that third parties perform audits on eBay listings to make the information more reliable for investors.
The government never passed a first-time Faberge egg buyer credit, to help reduce the supply of Faberge eggs in the sellers market.









