Addition To The Great Depression
If a person or household had savings, or if a person was able to maintain a decent job during those times, they actually could have lived a pretty decent lifestyle, since prices fell faster, in most cases, than did wages; that is, some people actually GAINED purchasing power. As noted in one of the articles, I doubt many people wanted the Depression to continue in order for some to experience this benefit.
WORD HISTORY:
Save-This goes back to Indo European "sol(h)," which had the notion of "whole, keep together, keep well, keep sound." This gave Latin "salvus," which meant "safe, healthy, sound." This then gave Latin the verb "salvare," with the meaning "to make (something) safe from harm, to save." Old French, a Latin-based language, inherited the word as "sauver." English borrowed the word from French in the late 1100s as "saven," but initially with the religious sense "save a person's soul from sin." The meaning gradually broadened to "save, rescue."
Labels: deflation, English, etymology, French, Latin, the Great Depression, unemployment, wages
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