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Volcker drastically raised rates and we’re still here. I believe my parents had a 17% interest rate on their mortgage back then.
by UncleEntity 4y ago
Volcker drastically raised rates and we’re still here.
I believe my parents had a 17% interest rate on their mortgage back then.
- nl 4y agoI lived though that. It was not pleasant. Long-term, high levels of unemployment are a nightmare.