I have heard a few stories about those times in the 70s and 80s where people were selling their properties and putting the money in the bank which was paying 20% interest.
A bitter lesson on the difference between the nominal Vs real value of money rapidly ensued.
I have heard a few stories about those times in the 70s and 80s where people were selling their properties and putting the money in the bank which was paying 20% interest.
A bitter lesson on the difference between the nominal Vs real value of money rapidly ensued.