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The Gathering “deflated a speculative bubble: Planet Money: NPR



Stand in awe before the Black Lotus.

Jim Bruso


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Jim Bruso

Stand in awe before the Black Lotus.

Jim Bruso

Note: This episode originally ran 2015, and has an update at the end

In a classic bubble – as we have seen in homes, technical stocks or Beanie Babies – the fun ends with a crash. Things go up in the stomach, and people can lose a lot of money.

The creators of the trading card game Magic: The Gathering encountered such a bubble. The cooler they made their cards, the more the resale value increased – and threatened to send Magic cards like Beanie Baby.

Today on the show: how the people who made Magic cards came up with a plan. A plan to conquer the science of bubbles once and for all, and create a collectible that can live forever. And an update, we look at their latest attempt to keep the bubble in check.

Music: “Dafuunk, “”Moves, “”Let Beat drop, “”Jet Set Go, “and”Platforms. ”

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