And “steak parties”

Funny Shen brought up those high savings rates. I recall on the day we moved in 1st year, I went with my dad to the credit union to move money from savings to checking to cover first semester tuition/room/board. I was waiting in the lobby beside the black felt placard with the indents to put the white plastic numbers and letters. The placard had the CU’s various offered rates; savings, Christmas Club, whatever. They were in the 12-14% range and I thought, “what a ripoff”, compared to even higher mortgage rates and inflation.

My, going long the 30 year in the fall of 1980 would have been tasty.
[Post edited by Stimp at 08/21/2020 2:28PM]

(In response to this post by hoolstoptheheels)

Posted: 08/21/2020 at 2:26PM

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