3 ms·
> Both of those were easily afforded in the 80s. That's due to the post-war boom. The book Capital in the 21st Century goes over this, that the period between
by satvikpendem 2y ago
> Both of those were easily afforded in the 80s.
That's due to the post-war boom. The book Capital in the 21st Century goes over this, that the period between 1950 - 2000 was an anomaly for the US that cannot be replicated, yet people bring up this stat as if it were normal.
- dragontamer 2y ago1980 was during the stagflation era and a major Middle East crisis with nearly 20% interest rates.