- First Name
- Mark
- Joined
- Sep 1, 2020
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- Lancaster, CA
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- 21 Ford Ranger Lariat FX4, 18 Subaru Outback
- Your Bronco Model
- Outer Banks
Lived through that time and it was brutal, paying 15% for a car loan is just one example. What should also be noted is the way inflation is calculated by the government. It's changed considerably and the current method understates the inflation level compared to the method used in the 70's and 80's. If the method from back then was being used now the inflation numbers would be far higher than what is being reported now.10% and up to 21%, prepare for version 2.0
https://www.theglobeandmail.com/rea...rned-from-80s-interest-rates/article24398735/
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