October 15th, 2009 | Posted in Financial Advicer
If there’s any silver lining to a recession — albeit a thin one — it’ s that consumer prices typically go down. Make no mistake, deflation is a sign of a sick economy, but at least the net effect of cheaper prices for the basic necessities — food, clothing and shelter — helps folks get by when they are struggling to make ends meet. But consumers should brace themselves for things to change, especially at the supermarket.
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