And who was in charge in 1981? Asking for a friend.
Quote:
Originally Posted by tophcfa
OMG, the 10 year UST is yielding a whopping 2.75% and the sky is falling because of high interest rates. News Flash, in September of 1981 the yield was 15.82% and that quickly brought our nations last bout of hyper inflation under control. The Federal Reserve needs to learn from history and finally do something meaningful to fight inflation.
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