Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Tony Viola who wrote (21876)	4/12/2000 4:38:00 PM
From: sea_biscuit	Respond to of 25814

Tony, my data show that double-digit inflation kicked-in by mid-July 1974.

To: Tony Viola who wrote (21876)	4/12/2000 6:13:00 PM
From: Robert C. Barry	Read Replies (1) \| Respond to of 25814

Tony, Double digit inflation and mortgage rates kicked in starting about 1978 and lasted through about 1981. I know because I lost my backside in folded real estate developments in both Scottsdale AZ and Los Gatos CA, the former a 76 unit development on McCormick Ranch and the latter a 9 unit upscale townhouse development. Both went in to receivership because of Jimmy Carter's tax and tax and spend and spend and screw the middle east oil sheiks policies. But who was the screwer and who was the screwee. Some folks never learn. Interest rates got as high as 21% for conventional loans at one point in 1980. I was forced back into making a lot of dough in electronics. Aah the tribulations of life. RCB