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<p>[QUOTE=&quot;NorthKorea, post: 1589214, member: 29643&quot;]The 20% rates were a result of the same situation. Rates prior to the hostage crisis were 10% (due to the gas crunch). They only reached 20% in Apr 1980. The two were a result of the same event, there is no causality that would make it sensible to talk about 20% interest rates. Both high interest rates AND high gold prices were a result of instability and distrust among the people. The government raised rates to increase saving to get more money in the banks. You should know this Fatima.</p><p><br /></p><p>Anyway, I do agree that this is pretty political in nature. It doesn&#039;t belong on the board. At the very least, it belongs in GD.[/QUOTE]</p><p><br /></p>

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