The Fed funds rate, which is the rate banks charge each other for overnight loans, hit 20 percent in 1980, and 21 percent in June 1981.
https://www.loanatik.com/827-2/
You're the one making a claim with nothing to back it up.
The Fed funds rate, which is the rate banks charge each other for overnight loans, hit 20 percent in 1980, and 21 percent in June 1981.
https://www.loanatik.com/827-2/