4 ms·
> The era of low rates is over. It is possible that you might live another 100 years and never again see a 14 year stretch where rates average as low as they di
by spywaregorilla 4y ago
> The era of low rates is over. It is possible that you might live another 100 years and never again see a 14 year stretch where rates average as low as they did from 2008 to 2022.
The interest rate is currently at 1%. In the 80s it hit 20%. I expect it'll go negative in the next 20 years.
- mcguire 4y agoThe inflation rate also hit 13.55% in 1980 and didn't go much below 6% between 1973-1982.
- spywaregorilla 4y agoYou're not wrong. I just think inflation will get within comfortable numbers again, but we'll still face recession events that cause a drive to lower the interest rates.