Richard Sylla: The Economics Of Time | McAlvany Weekly Commentary
Richard Sylla is a Professor Emeritus of Economics and the former Henry Kaufman Professor of the History of Financial Institutions and Markets at New York University Stern School of Business. He teaches courses in financial history, economic and business history of the United States, and comparative enterprise systems. Today he joins the commentary to discuss:
- Interest rates are the trade off between the future & the present.
- This repressed interest rate season is unlike anything in 4,000 years.
- Modern Monetary Theory takes inflation far too casually.