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| I paid 18% in 1979-1980. You will NEVER get me to sign a variable rate note without a stated cap for the life of the note. I will also resist hard having to borrow money at double digit interest rates however short operating notes may be necessary.
My advice is lock in interest rates long term now.
I am one of the survivors of the Carter inflation days, still have scars on my body. | |
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At the risk of ....
