The Soapbox

hoolstoptheheels

Joined: 01/04/2001 Posts: 27159
Likes: 34521


I guess it’s all relative - mortgage rates were between 7% and 8% to


Start the decade and I think only went up from there. Inflation with economic stagnation is painful to combat with interest rates. Volker took them up towards 20% I believe.

(In response to this post by Stimp)

Posted: 08/21/2020 at 2:02PM



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Current Thread:
 
  
Will someone with knowledge of economics tell me what we -- Hoogle.com 08/21/2020 12:59PM
  Just to clean things up a bit... -- Stimp 08/21/2020 1:47PM
  Yes. At 12-14%, CD's were very popular. ** -- Shenhoo 08/21/2020 2:05PM
  CDs hadn’t been invented yet silly. ** -- hoolstoptheheels 08/21/2020 2:07PM

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