Effects of Inflation Look at Table 10.1 and Figure 10.7 in the text. When were T-bill rates at their highest over the period from 1926 through 2017? Why do you think they were so high during this period? What relationship underlies your answer? Effects of Inflation Look at Table 10.1 and Figure 10.7 in the text. When were T-bill rates at their highest over the period from 1926 through 2017? Why do you think they were so high during this period? What relationship underlies your