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An item was bought at the original price; eventually it was cheaper than credit buying. As credit buying swept the country the potential economic blow was getting harder to avoid. Not only credit buying of household goods but credit buying of stocks. It was considered the way to get rich and fast! Young farmers with big dreams, wives and children saw this opportunity as a blessing. After pouring all the family's savings into a stock like General Motors or Hudson Bay Company they would wait and let their stocks get them rich overnight. But when the stocks started to fall everybody tried to sell theirs fast and at the best rate possible...
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