Msg. 14605 of 21975 (This msg. is a reply to
14600 by
lkorrow)
Jump:
Yeah, I remember having a six-month CD at the bank earning somewhere in the neighborhood of 22% to 24% back in 1979/1980 ... but, then again, that was only one side of the story, don'tcha know ... rampant inflation was rapidly eating away at the value of what I was earning, so I certainly wasn't making the financial headway that those kind of interest rates would otherwise imply on their own.
B.
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence
Well, i tell ya, it would help me a bit if we had 20% interest rates for a couple of years (and everything else stayed roughly the same). Of course that wouldn't be so good for the economy...
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