percentage based on the last time we had massive inflation where we raised rates Aggressively like in the 80s. So this is when we had mortgage rates at 15% and the savings rate Which people don't talk about they said the mortgage rate. How could you pay that for the savings rate was 12% CDs were paying 18% back then so it wasn't a worst scenario if you had cash It was a great thing if you had cash, it was terrible if you had to borrow money with high interest rates. My point is Banks are not going to have to raise saving rates at least over the next 12 months They're flush with cash That means their margins are gonna explode like no other time in history Because they're basically getting tens of millions in free money simply by doing the same job. They've done for the past 50 years in other words hundreds of millions of dollars For mid to large cap banks that they're gonna generate at almost zero cost So there's a bank triumph Bank Corp, which I'm looking at all the banks and all the (12/34)
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