Re:A Black Hole Engulfing the World's Bond Markets
by gruez on Sunday July 28, 2019 @12:45PM
(#20548452)
But during that time inflation was in the double digits, and peaked at 14.8%. There was a real risk that inflation would go to 20%, which would wipe you out.
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Re:A Black Hole Engulfing the World's Bond Markets
by AnimalMuppet on Sunday July 28, 2019 @06:01PM
(#20550056)
Worse: You got 17%, but inflation was 14%, and you had to pay taxes on the 17%. So even at 17%, you were still losing money.