The Pokémon Company Is Trying To Crash Its Own Trading Card Market - How Money Works #shorts

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the Pokemon company has taken Notes From The Fed and has decided to turn on the Pokemon card printer.

Over the past year the company has printed around 9 billion Pokemon cards and 3.7 billion cards the year before. This accounts for 30 percent of the total Pokemon cards in circulation.

But why would they do this?

Their goal is to make the game more accessible for everyone and they believe that speculating on expensive Pokemon cards takes the fun out of it and their efforts seem to be working. In April 2021 you could sell a shiny charizard Vmax card for fourteen hundred dollars which is a great return for a pack that costs four dollars but now you'll only get about three hundred dollars for one

Unlike the FED though the Pokemon company likes to valuing their currency so I wouldn't hope for a lucky windfall with them anytime soon.

#shorts

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Edited By: Andrew Gonzales

Music Courtesy of: Epidemic Sound

Select Footage Courtesy of: Getty Images

All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.

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