Eli5: why are interest rates now considered worse than higher interest rates of decades ago?

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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…

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Anonymous 0 Comments

My theory is that someone who is radical one way or another is going to see any view that’s not as “radical” as theirs as the other side.

There are many people on the right who think that anyone who advocates for basic health care is automatically a communist even if they themselves are on the right

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