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From This Collection

Meet the "Beanie Meanie"

Aug 14, 2023
Econ Extra Credit newsletter #161
Timothy A. Clary/AFP via Getty Images

Why the Beanie Baby bubble burst

According to the "Beanie Meanie," a collectibles and antiques expert who was skeptical of the craze all along.
At the height of the Beanie Baby craze, people were making average profits of 500%. Then, as with all investment bubbles, came a crash.
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