The original question: are cards a hedge against inflation can't really be answered without discussing economics, can it?
I will just say to Bob C and Adam, I disagree with most of what you say, but time will tell. "Jacking up the deficit" is not a big issue - it's how that deficit is financed. Inflation is primarily a monetary phenomenon, produced by a more rapid increase in the quantity of money than in output. It's caused by government - every time, and it's actually a sneaky way to pay down the debt without increasing taxes.
And this line: "all of the handouts to the richest 10% of the population over the preceding 50 years that increased asset and income inequality to levels not seen in 130 years." is pure political tripe that is simply false and very blatantly crosses the "no politics" line.
We can look back a year from now and see what happened. If the government attempts to curb inflation by reducing the quantity of money and raising interest rates we will see unemployment rise and slower growth, and I think card prices will probably be stagnant.
I think cards are a pretty good hedge against inflation. If they can just hold their value for the next two years, I'd feel pretty good.
I got this just from a member before things went off the rails. I love this card!
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