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Politics : Ask Michael Burke

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To: Freedom Fighter who wrote (75944)2/15/2000 5:35:00 PM
From: JF Quinnelly  Read Replies (2) of 132070
 
I wonder what the pre central bank historical record looks like when it comes to interest rates

You can find this information in Friedman and Schwartz's A Monetary History of the United States. In the Greenback era, 1861-78 US bond rates ranged from a high of 16% to a low of around 3%.
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