I say I’ve seen this movie before.
It was no fun the first time around. And 17% interest rates under Volcker killed the homeownership dreams of millions.
Stagflation sucked.
I was 20 years old in 1977. I was slim and dating pretty girls. My future was ahead of me and I was having a great time. Now my knees hurt, my income’s fallen way past inflation, no one wants to hire an old white male, and I just got a positive COVID test.
I’d go back in a heartbeat.