Originally Posted by irfubar
Toot, that was not hyperinflation, think Zimbabwe, Weimar Germany, etc.....


I understand and it was isolated to those individual countries. The whole financial world is now joined at the hip, for better or worse.

But, in the period that I mentioned, 22% interest for 5 years on a Jumbo certificate of deposit (100k$) wasn’t exactly something to sneeze at.

The rate on the 30 year treasury was notable also.


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What we've learned from history is that we haven't learned from it.