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Notes to myself, possibly of interest to others.
-- Bill Northlich

Monday, September 13, 2010

To state the obvious: Frugality and inflation

...the theme of frugality and the challenge that retailers face as the household budget undergoes a radical post-bubble shift was front and center in the Saturday New York Times business section [Sunday] — specifically the article titled Back-to-School Shoppers Focus on Necessities. ... it is next to impossible to embark on such a profound path of frugality and experience sustained inflation at the same time.

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