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Old 03-14-2021, 02:50 PM   #1
Descant
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Originally Posted by tis View Post
I agree with you but high gas prices helped fuel the recession, don't you think?
Again, partially agree. General recession, yes. Those boaters who were still buying gas didn't slow down much. In fact, where they might have bought less often in the past, according to the manager at the time at MVYC, people were filling up more frequently to stave off what they expected to be more expensive
prices next time. So, there was more gas stored in boats than might previously have been the case. In a recession, some people buy gold, some buy gas.
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