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To: RandFan

Some of us remember what Carter did that caused interest rates to skyrocket. T-Bill rates were over 15%.


8 posted on 08/30/2024 3:02:34 AM PDT by tired&retired (Blessings )
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To: tired&retired

At that time, my passbook savings account at my credit union was paying 15%.


9 posted on 08/30/2024 3:08:01 AM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: tired&retired

Our first home mortgage was 18.5%


11 posted on 08/30/2024 3:11:33 AM PDT by Indy Pendance (Jesus can't here soon enough!)
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