I am surrounded by boomers saying this that in their day interest rates were at 15% and we have it easy! I’m also surrounded by the younger generations saying this is ‘not the same thing’
Explain to me the reasoning…
In: 233
Rates were abnormally low for a long time, so people got used to that. Now, rates are back to a normal range, but that normal range seems really high to some because rates were so low for so long.
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