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Gradeflation or so I have been told.
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<p>[QUOTE="longnine009, post: 65479, member: 1886"]As I remember it TPG began with the outrage with overgrading. And the idea was that TPGs could be more objective with their grading as they were a disinterested independent third party. And that buyers and sellers had a hard time being objective when each had a financial stake in the grade. It's a wonderful *theory* and IMO half of it will always be true. The other half has failed. It has failed because TPGs have not only failed to remove subjective distorted perceptions of the market place(as if anyone could do that in the first place) they have facilitated it by accepting those very distortions as: Oh well that the marketplace. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="longnine009, post: 65479, member: 1886"]As I remember it TPG began with the outrage with overgrading. And the idea was that TPGs could be more objective with their grading as they were a disinterested independent third party. And that buyers and sellers had a hard time being objective when each had a financial stake in the grade. It's a wonderful *theory* and IMO half of it will always be true. The other half has failed. It has failed because TPGs have not only failed to remove subjective distorted perceptions of the market place(as if anyone could do that in the first place) they have facilitated it by accepting those very distortions as: Oh well that the marketplace. :([/QUOTE]
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