Newspaper prices bet on a long inflationary future
“Recent buyers of newspapers have paid prices reflecting what they hope to achieve over a very long -term, inflationary future, and we, of necessity, conformed to this pattern in our acquisition.”
Business
“Recent buyers of newspapers have paid prices reflecting what they hope to achieve over a very long -term, inflationary future, and we, of necessity, conformed to this pattern in our acquisition.”
“Newspaper habits are very hard to change, particularly in a city like Buffalo where almost all newspaper circulation is home -delivered.”