[clue-talk] The stimulus bill
Dennis J Perkins
dennisjperkins at comcast.net
Mon Feb 2 20:54:52 MST 2009
I expect that all of this bailout money and economic stimulus will
result in record inflation.
I remember the inflation rate of the late 70's and early 80's. If I
recall correctly, I paid 14% interest on my home in 1985, and the
interest rate was variable because you couldn't get fixed rate. Luckily,
I bought about the time the rates started to decline.
I would not be surprised to see rates exceed that period.
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