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

1.25K views

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

42 Answers

Anonymous 0 Comments

Back in the 1870s, I just asked for some land and then built a house on it. Everybody since is just lazy.

You are viewing 1 out of 42 answers, click here to view all answers.