Viewing a single comment thread. View all comments

Lasshandra2 t1_ivgp6ay wrote

Reply to comment by Pappa_Crim in Common Massachusetts W by Rannrann123

Nixon was known as tricky dicky. He was an awful person.

I was just a kid, but my parents were Democrats. They were devastated, mostly because they were smart and patriotic.

The economy was awful for the whole decade of the 1970’s. A hell of a time.

17

HillsSt t1_ivig4j6 wrote

And the start of the 80's. Inflation now is nothing to then. And interest rates. My first mortgage was 10% in '87. That was after rates dropped. Think they had peaked around 17%.

7

Lasshandra2 t1_ivjvdco wrote

Yes. But cash in savings accounts gained close to that. It’s more oppressive now, imo.

2

Graywulff t1_ivk21id wrote

Yeah my first savings account was 5% 1998.

2