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Straight Story: The paradox of thrift
Economics editor Chris Farrell
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About the author
Christopher Farrell is economics editor of Marketplace Money, a nationally syndicated one-hour weekly personal finance show produced by American Public Media.
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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?
