Replies to Msg. #647813
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 Msg. #  Subject Posted by    Board    Date   
14624 Re: Mirror, mirror on the wall ... YIKES!!!
   Well Mr. Wizard, the financial types DO learn from their mistakes....
monkeytrots   CONSTITUTION   24 Aug 2011
12:30 AM
14609 Re: Mirror, mirror on the wall ... YIKES!!!
   B, it didn't seem to me at the time that prices were rising all that f...
lkorrow   CONSTITUTION   23 Aug 2011
7:40 PM

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Re: Mirror, mirror on the wall ... YIKES!!!

By: Beldin in CONSTITUTION
Tue, 23 Aug 11 6:04 PM
Msg. 14605 of 21975
(This msg. is a reply to 14600 by lkorrow)
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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.




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