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blackbootz  ·  2543 days ago  ·  link  ·    ·  parent  ·  post: Trump's "Katrina moment"

Why were interest rates so high in the 80s?

I'm again reminded of a line from some reporting on the causes of the oughts-housing bubble. There was suddenly twice as much money looking for investments but there were not twice as many good investments. Takeaway is to continue investing/creating real value. Skills, my health, thank-my-lucky-stars this house.