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2022-04-17 Economy

Summers: We're Closer to 70s-Level Inflation Than Most Realize

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Posted by Besoeker 2022-04-17 04:14|| E-Mail|| Front Page|| [6 views ] Top

#1
I remember car loans during Nixon/Carter Years, for 9+% with above avg credit.

A new 1978 Mobile Home, on our owned land, $14,500 at 14% for 144 months was $208 a month.

Try that on a $210 per a week Husband & Wife total net income with kid.

Posted by NN2N1 2022-04-17 09:19|| 2022-04-17 09:19|| Front Page Top

#2 Heck, with a 1.2% MOM CPI inflation and 1.4% PPI inflation, we are there already.

Posted by Tom 2022-04-17 14:40|| 2022-04-17 14:40|| Front Page Top

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