Interest rates globally have been dropping for a long time. Not that long ago powerful people looked at 20% annual interest rates for capital projects as low.
I think my first home mortgage was something like 16%. But healthcare (best plan go anywhere do anything) was only $65/m for an individual and gas was below $1. Business credit was pretty expensive to be sure.
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Interest rates globally have been dropping for a long time. Not that long ago powerful people looked at 20% annual interest rates for capital projects as low.
Yup. I remember the early 90's when my money market funds actually returned worthwhile rates. These days I may as well put my cash under the mattress.
I think my first home mortgage was something like 16%. But healthcare (best plan go anywhere do anything) was only $65/m for an individual and gas was below $1. Business credit was pretty expensive to be sure.