View Single Post
  #17  
Old Posted Jun 30, 2011, 6:24 PM
freeweed's Avatar
freeweed freeweed is offline
Home of Hyperchange
 
Join Date: Sep 2006
Location: Dynamic City, Alberta
Posts: 17,567
Quote:
Originally Posted by flar View Post
Let's see what happens when interest rates go up to realistic levels.
If by "realistic" you mean "historical during the inflationary years of the 1970s/80s", then yeah.

I dunno, I think 4-5% interest rates are rather healthy, presuming the economy chugs along at an acceptable pace. Certainly is much easier to live these days compared to the years of near-20% interest rates. Talk about debt slaves!
Reply With Quote