Msg. 14609 of 21975 (This msg. is a reply to
14605 by
Beldin)
Jump:
B, it didn't seem to me at the time that prices were rising all that fast, nowhere near 20%+. But that could have been because I had a decent job and didn't notice. Wonder what it actually looked like for the basics like food and such, big tvs and such aside...
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.
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