

#1718
Mentioned in 18 episodes
A history of interest rates
Book • 1963
This book presents a comprehensive analysis of interest rates from ancient times to the modern era.
Despite the limited data before the Industrial Revolution, the authors offer a highly detailed examination of money markets and borrowing practices in major economies.
The book asserts that free market long-term interest rates serve as a 'fever chart' of a nation's economic and political health, highlighting the significant volatility of rates in the 20th century and its implications for understanding economic and political excesses.
Despite the limited data before the Industrial Revolution, the authors offer a highly detailed examination of money markets and borrowing practices in major economies.
The book asserts that free market long-term interest rates serve as a 'fever chart' of a nation's economic and political health, highlighting the significant volatility of rates in the 20th century and its implications for understanding economic and political excesses.
Mentioned by















Mentioned in 18 episodes
Mentioned by 

as a reference book used at Salomon Brothers, detailing 4,000 years of interest rate history.


Michael Howell

157 snips
Global Liquidity Cycle & the Worldwide Rush Into Hard Assets | Weekly Roundup
Mentioned by 

while discussing the history of interest rates.


Russell Napier
149 snips
The Hundred Year Pivot Ep. 3 - Russell Napier
Mentioned by ![undefined]()

as a key research book he consulted at Salomon Brothers, covering 4,000 years of interest rate history.

Michael Howell

107 snips
The Liquidity Divergence Between East and West | Michael Howell on Deteriorating Federal Liquidity While People’s Bank of China (PBOC) Injects Stimulus and Pumps Gold
Mentioned by 

when discussing the unprecedented nature of zero interest rates.


Michael Howell

97 snips
Bullish For Rest Of 2025, But Bearish For 2026 | Michael Howell
Mentioned by 

to highlight the extreme monetary policy of 2010-2022, which was unprecedented in 5,000 years of interest rate history.


Jim Bianco

83 snips
The New Regime People Don’t Want To Accept | Jim Bianco
Mentioned by 

to highlight how abnormal the period of zero and negative interest rates was in a 5,000 year history.


Jim Bianco

63 snips
Think 5% Bond Yields Are High? You Ain't Seen Nothing Yet... | Jim Bianco
Mentioned by 

when discussing interest rates.


Jim Bianco

58 snips
UGO02: Inequality, Inflation, and the End of Consensus ft. Jim Bianco
Mentioned by ![undefined]()

as a book that details the history of interest rates.

Jeff DeGraff

58 snips
RenMac Legends: A Conversation with Scott Bessent
Mentioned by 

as a book that said there was no example of zero interest rates in 4 years of history until 2021-2022.


Michael Howell

52 snips
#289 Michael Howell: Time To Start Thinking About The End Game As Liquidity Cycle Nears Top
Mentioned by 

as the Bible of interest rates, going back 4,000 years.


Michael Howell

33 snips
#654: The Fed Has Painted Itself Into a Corner with Michael Howell
Mentioned by 

as a key resource on interest rate history during his time at Salomon Brothers.


Michael Howell

30 snips
Michael Howell: $10,000 Gold in a World of Monetary Inflation and Debt on Top of Debt on Top of Debt
Mentioned by 

as an interesting book about the history of interest rates.


Russell Napier

24 snips
Is there a 'right' way to invest?
Mentioned by ![undefined]()

in relation to Martin Leibowitz's work on bond management.

Stephen Foerster

24 snips
Episode 328 - Prof. Stephen R. Foerster: Pursuing the Perfect Portfolio
Mentioned by 

as an important resource for understanding interest rate history.


Michael Howell

19 snips
Surviving the Liquidity Crisis: Everything You Need to Navigate This Cycle w/ Michael Howell
Mentioned by 

as a study that collects data from 5,000 years on interest rates.


Saifedean Ammous

18 snips
288. The Fiat Standard Lecture 7: Fiat Life
Mentioned by 

as the author of the book, which served as a bible in Salomon Brothers, showing 5,000 years of interest rate history.


Michael Howell

16 snips
Michael Howell: Monetary Inflation Is Here
Mentioned by 

as a key text from his time at Salomon Brothers, cataloging 4,000 years of interest rate history.


Michael Howell

Liquidity Shortage Squeezing the Economy with Michael Howell
Mentioned as a source for data on the GFD Indices USA 10-year government bond total return index.

MEBISODE: Can We All Invest Like Yale?
Recommended by 

for finance nerds.


Jack Farley

Investing For A High Price Future | James Davolos on Inflation, Pricing Power, and West Texas
Mentioned by James Puplava as the Bible and Authority on Interest Rates, originally written by Solomon Brothers' partner and updated by 

.


Richard Sylla

Tariffs, Treasuries, and Trouble: Richard Sylla on America’s Debt Dilemma



