Last Time Inflation Was This High Was 1981 When Mortgage Rates Were 17%
In 1981 consumers had 10% savings account yields, 17% mortgages, 13% bond yields, 9% inflation. Today they have 1% savings account yields, 5% mortgages, 3% bond yields, 9% inflation.
In 1981 consumers had 10% savings account yields, 17% mortgages, 13% bond yields, 9% inflation. Today they have 1% savings account yields, 5% mortgages, 3% bond yields, 9% inflation.
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