Gas prices and buying cards

[GrewUpWithJunkWax]

All roads lead to energy.

The spike in prices has sent many drivers rushing to the pump to get ahead of increasing pump prices. Those rushes exacerbate weaknesses in an already stressed supply chain. On top of the truck driver shortage, US crude supply is well-below the 5yr avg, gasoline is low, and diesel is even worse. Now, with Europe in such need, a lot of product is going to be exported to those countries.

Tying into to baseball... there's a fun Moneyball scene edited for the current oil situation:
https://twitter.com/i/status/1501762759209504769

I like reading the perspectives held by long-time hobbyists, who have lived the economic ups & downs and seen the impacts on cards. It's great and appreciated.

I'd lean toward the idea that the middle gets squeezed the most. Inflation, cost of everyday goods/needs, plus a lot of travel expected this year, and people will have to spend more to do so - all siphoning away some of the funds that might have otherwise gone to cards.

[Yoda]

I guess it all boils down to what you wish to hold; cash, stocks and bonds, oil futures, gold, AR15's, fine wines, real property, jewelry, art or........baseball cards.

[sedin26]

I have a fairly modest personal budget on a monthly basis, which I spend almost entirely on cards. I also try to find loopholes to fit them into other categories but most of those have been closed

The cost of gas and other goods is going up quickly but it would have to get super tight here to affect cards (job loss or something along those lines) - I'll simply keep buying what I can get every month with my current budget.