Faculty News

Professor Richard Sylla explains how money and banking have evolved, from his book, "A History of Interest Rates"

Excerpt from Financial Sense -- "'We need to face these issues,' Sylla said. 'We do have to face up to some of these debt problems, and we've been lucky with these low interest rates... Maybe the outlook isn't so bad if we normalize interest rates and the economy keeps growing. I think that we would get back to more normal times instead of the interesting times we had for the last 40 years or so.'"

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