Why were interest rates so high in the 80s?

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United States Brief Brainwaves
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Published on ● Video Link: https://www.youtube.com/watch?v=Ra4asdbOsOQ


Duration: 1:10
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How Does Raising Interest Rates Help Inflation Reddit

00:18 - Why were interest rates so high in the 80s?
00:47 - What is the highest prime rate in history?
01:09 - What was the highest interest rate ever?



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