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Nominal illusion

TheMoneyIllusion          18 June 2017 08:00 AM

In order to better understand money illusion, it might help to consider some similar examples in other areas.  The Economist has an interesting story on the rare coin market: The [rare coin] market's wild-west days ended in 1986 when the first independent coin certifier, the Professional Coin Grading Service (PCGS), based in California, established itself ... Continue reading →

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