Quoted from mbeardsley:Some say it is the Covid effect, some say it is because of the stimulus money, some say it is because Stern is so backlogged.
Most likely it is some combination of them all.
Why do people try to over complicate things all the time? Most of the time in a free market economy, it’s supply vs demand that sets pricing. In this case, demand outpaces supply (of both new pins and used pins). So prices increase… simple as that. No need to bring inflation, or Covid or anything else into the mix.
