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re: The average car is now 12.5 years old and the interest
Posted on 5/14/24 at 9:48 am to LSUfan4444
Posted on 5/14/24 at 9:48 am to LSUfan4444
quote:
So when rates hit 17% under Reagan, was it also a representation of the administration?
That was done with a specific purpose and if you remember the rest of the 80s, it worked out pretty well.
2
Posted on 5/14/24 at 9:51 am to AUFANATL
quote:
That was done with a specific purpose
And the higher rates today aren’t?
Posted on 5/14/24 at 10:03 am to AUFANATL
quote:
That was done with a specific purpose
Yeah, to combat inflation.
You're right. That's nothing like today. Today it's just because Biden Bad.
quote:It's almost like things are cyclical.
it worked out pretty well.
This post was edited on 5/14/24 at 10:05 am
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