CDs in the 1980s paid well over 10%. This has nothing to do with Luna/UST's sche... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		oarabbus_ on May 10, 2022 \| parent \| context \| favorite \| on: UST Stablecoin Loses Dollar Peg CDs in the 1980s paid well over 10%. This has nothing to do with Luna/UST's scheme, but it remains true.

jboy55 on May 10, 2022 [–]

Of course the treasury rate was much higher as well.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact