Think Interest Rates Are High? Think Again! | Dr. Richard Sylla
On todays episode of Forward Guidance, Professor Emeritus of Economics at Leonard N. Stern School of Business, author and financial historian Dr. Richard Sylla joins the show for a discussion on one of his most widely studied areas... interest rates. After authoring "A History of Interest Rates", a book which examined over four millennia of interest rates trhoughout periods of inflation, financial crises' and recessions, there's no one better equipped to discuss the Fed's current tightening cycle and how it impacted banks such as SVB in the Fed's current quest to fight inflation.
Just how severe is this current tightening cycle when compared to other times in history? According to Dr. Sylla, this is nothing new as "history doesn't repeat, but it often rhymes". To hear all this and more, you'll have to tune in!
--
Follow Jack Farley on Twitter https://twitter.com/JackFarley96
Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance
Follow Blockworks on Twitter https://twitter.com/Blockworks_
--
Referenced In The Show:
A History of Interest Rates: https://www.amazon.co.uk/History-Inte...
Alexander Hamilton on Finance, Credit, and Debt: https://www.amazon.com/Alexander-Hami...
Alexander Hamilton, Central Banker: Crisis Management During the U.S Financial Panic of 1792: https://w4.stern.nyu.edu/research/ale...
--
Use code GUIDANCE10 to get 10% off Permissionless 2023 in Austin:
https://blockworks.co/event/permissio...
Research, news, data, governance and models – now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/
--
Timestamps:
00:00 Introduction
00:39 A Return To Normalcy For Interest Rates
05:10 How Interest Rate Rises Led To SVB's Collapse
09:24 The First Bank of The United States
13:36 Paul Volcker's Historic Interest Rate Rises
20:35 Why We Have Inflation Now... But Not Post 2008
28:03 Permissionless
29:06 The Fed's Between A Rock & A Hard Place
32:03 The Savings & Loan Crisis
37:41 All Signs Point Towards A Recession
44:59 Blockworks Research
45:59 What An Inverted Yield Curve Really Indicates
48:49 A Banking Panic Solution, Through The Eyes of Alexander Hamilton
57:03 How ZIRP Caused Problems In The Financial System
--
Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
-
1:02:14
Geeks + Gamers
5 hours agoGina Carano DESTROYS Mark Ruffalo And Disney Double Standard, Japan Is FURIOUS Over Assassin's Creed
39.3K10 -
1:13:29
Steve-O's Wild Ride! Podcast
2 days ago $0.13 earnedPenguinZ0 Has No Respect For Dr. Disrespect! - Wild Ride #222
35.5K5 -
2:00:57
LFA TV
9 hours agoMERRY INDEPENDENCE! | LIVE FROM AMERICA 7.5.24 11am EST
44.2K35 -
2:07:02
TENET Media
18 hours agoWhat Is A Conservative Woman? | The Culture War with Tim Pool w/Lilly Gaddis & Rachel Wilson
44.7K20 -
46:55
Peter Santenello
5 hours agoWhat’s Happening at the Border? 🇺🇸🇲🇽
32.6K36 -
1:38:55
Real Coffee With Scott Adams
5 hours agoEpisode 2527 CWSA 07/05/24
43K36 -
2:58:25
Wendy Bell Radio
10 hours agoPublic Enemy #1
78.4K127 -
41:23
The Why Files
5 days agoBaltic Sea Anomaly, Atlantis, and Underwater Alien Bases | Mysteries of the Ocean Pt 1
105K72 -
11:29
TimcastIRL
1 day agoReporters TURN On Biden, Accuse Him Of Sleeping During White House Press Briefing
71.5K62 -
10:34
Degenerate Jay
23 hours agoThe Rejected Spider-Man Marvel What If...? Episode Too Dark For Disney
32.3K8