Lessons on inflation and rates from the 21.5% mortgages and 19.5% Canada Savings Bonds of 1981 - The Globe and Mail

The world of 1981 reminds us what happens when inflation guides our economic behaviour

In 1981, the safest investment imaginable paid 19.5 per cent. Now discontinued, Canada Savings Bonds had a run of decades as a trusty way to save money safely. But CSBs were never better than in 81,… [+3811 chars]

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