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To: MythMan who wrote (35903)11/9/2000 7:11:34 PM
From: IceShark  Respond to of 436258
 
It didn't get cooking until mid 79, really. But lasted a long time in expectations once Volker slapped up the economy. I remember partners in 84 that were still borrowing money like mad for RE partnership scams because they thought inflation would keep on trucking. Boy, did TRA 86 lay waste to them. -g-