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A comment on 'Fear Factor' Is Running High as Currency Markets Resume Trading. Parent comment

Re:'Fear Factor' Is Running High as Currency Markets Resume ... by ceejayoz on Sunday March 01, 2020 @04:17PM (#22459408)
> The world is awash in capital, no one is going to borrow from you at 5%+.

https://www.valuepenguin.com/mortgages/historical-mortgage-r...

> Continued hikes in the fed funds rate pushed 30-year fixed mortgage rates to an all-time high of 18.63% in 1981.

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Re:'Fear Factor' Is Running High as Currency Markets Resume ... by H8crilA on Sunday March 01, 2020 @04:23PM (#22459451)
Exactly, Paul Volker is the last Fed president that actually implemented a policy (of killing inflation), rather than just respond to what the market tells him to do.

He is remembered as a hero. Ray Dalio did an interview with Volker not long before Volker passed away:

https://youtu.be/mMN17uBzCw4

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