Straight Story: The paradox of thrift
Should you save to strengthen your reserves or spend to help unfreeze the economy? Economics editor Chris Farrell sets the story straight on how to handle your money during tough times.
Economics editor Chris Farrell (American Public Media)
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From WI, 01/13/2009
It occurred to me that as businesses fail and competition decreases, the prices for goods will go up - perhaps more than they would have without the current financial mess. Wouldn't making necessary purchases (like replacing my 22-yr-old fridge) make sense now (or soon) before post-fallout prices really increase?
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