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(Mr.Copper) Mar 09, 10:49
Re higher rates: Your “It’s the only way to get ahead of inflation.” “Still a ways off, but history rhymes.”
I believe the 21% rates was a HUGE mistake, totally wrong approach, (obvious by ’01) and was an emergency stopgap measure. They were losing it, and had to “cheat” or “fake it in”.
Like when you’re trying to get a part thru the inspection dept, and it’s out of tolerance. Risky business if it’s an aircraft part.
What they did was much worse than cheating on an aircraft part. Twenty-seven years ago was a blip in time regarding the US economy.
History is out the window imo. This is a new mutant strain they created and are dealing with. The cheating has caught up to them.
Even I would have a problem straightening THIS mess out. 🙂 🙂