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Economy

In reply to the discussion: Rational Boomer: RELAX [View all]

Walleye

(36,011 posts)
1. Whenever I hear people bitch and moan about interest rates and inflation, I remember the late 70s and early 80s.
Mon Aug 5, 2024, 12:00 PM
Aug 2024

I think inflation was about 15% and interest on credit cards was way over 15%. We survived that. People who invest in the stock market must understand that it can also go down. They’ve just been living large on our policies.

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