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The American Economy at 20 % Interest Rates
volker said we're going to do the opposite of quantitative easoning, easing. And we're not going to push money into this system. Instead, if you want to borrow, you got to borrow from somebody who wants to lend. And it turned out that the market set that price a i think it piqued at roughly 20 % interest rates,. That was once you let the market sorted out.