单选题
Once consumers recognize that a period of inflation has begun, there is generally an increase in consumer spending. This increase can be readily explained by consumers' desire not to postpone purchases that will surely increase in price. But during protracted periods of inflation, consumers eventually begin to put off making even routine purchases, despite the fact that consumers continue to expect prices to rise and despite the fact that salaries also rise during inflationary periods. Which one of the following, if true, most helps to explain the apparent inconsistency in consumer behavior described above?