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The issue is asset prices are higher now.

70s and 80s? You talking about the drastic fed action to break stagflation? How are you using that as a baseline?

> 5.5% is still historically reasonable

That doesn’t mean much on it’s, you can’t compare interest rates between different periods without taking into account inflation.

> were in the 70s and 80s

Economically that wasn’t a good period though.