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MI7BZ3EW on scored.co
6 months ago0 points(+0/-0)1 child
1985 and 1980 were entirely different from each other. 1984 was when the economy started behaving "normally" again after near hyper-inflation rates for over a decade.
Edit: The "official" inflation and interest rates are not what actually happened. They lied to us in the 70s and early 80s and we have the receipts.
You said "interest rate was 30% in the 80s"...any reasonable person would assume you're talking about some kind of a average rate for the decade or a base rate like Fed prime. Nobody is going to assume you were talking about your family's personal rate from specifically the year of 1980...ugh.
Edit: The "official" inflation and interest rates are not what actually happened. They lied to us in the 70s and early 80s and we have the receipts.
My parents could only get their modest home for their 6 kids at 30% when they moved in 1980.
Any reasonable person would read what I wrote and not add or subtract words arbitrarily.