Pantheon Macroeconomics - The rational thing to do when the price of a consumer good you are considering buying is thought likely to
rise sharply in the near future is to buy it now, provided that the opportunity cost of the purchase--the interest income foregone on the cash, or the interest charged
if you finance the purchase with credit--is less than the expected increase in the price.

U.S. | 24 Sept 2019 September Retail Sales Enjoying a Temporary Tariff-Beating Boost?
The rational thing to do when the price of a consumer good you are considering buying is thought likely to rise sharply in the near future is to buy it now, provided that the opportunity cost of the purchase--the interest income foregone on the cash, or the interest charged if you finance the purchase with credit--is less than the expected increase in the price.

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24 Sept 2019 September Retail Sales Enjoying a Temporary Tariff-Beating Boost?

By Ian Shepherdson

The rational thing to do when the price of a consumer good you are considering buying is thought likely to rise sharply in the near future is to buy it now, provided that the opportunity cost of the purchase--the interest income foregone on the cash, or the interest charged if you finance the purchase with credit--is less than the expected increase in the price.

Posted: 24th Sep 2019 in 'U.S.'

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