PROF. WERNER LEADING THE CHARGE AGAINST CBDCs
German born professor Richard Werner holds a First Class Honours B.Sc. in Economics from the London School of Economics and a doctorate in Economics from the University of Oxford. He has also studied at the University of Tokyo. He holds the controversial idea that banking is slightly illegal. Werner is leading the charge against CBDCs: they are a declaration of war against the banking system, he says (source). Known for his quantitative easing theory published almost thirty years ago, Werner is an advocate for a decentralized economy. In this episode of the Glenn Beck podcast, Werner posits more unconventional truths, for example that banks don’t take deposits, and banks don’t lend money. That begs the question, what do banks actually do? This discussion may make you realize that all you think you know about money is wrong.
April 6, 2024 Glenn Beck podcast: What You Know About Money Is ALL Wrong. With Richard Werner.
That’s not all we don’t know about the economy. We also have no clue which banks make up the Federal Reserve, who created Bitcoin, or the real relationship between inflation and interest rates.
But we do know that the C-flue revealed a global concentration of power and probably paved the way for the tool dictators of old could have only dreamt of: CBDC.
Before the appeal of Universal Basic Income lures you into implanting a chip under your skin, it may be time to consider whether or not America should follow the China-inspired path to one central bank.
April 4, 2024 Valhalla Network: How Do Banks Create Money?
More about Richard Werner and his book "Princes of the Yen" (link). Website. On X: @scientificecon. Valhalla Network is a Decentralised Autonomous Organisation (DAO) to establish and own a global network of community banks. It is led by Founder Oliver Studd and Founding Advisor Professor Richard Werner. Join newsletter at: https://www.valhallanetwork.io/
Dec. 2023 Fintech Surge: Professor Richard Werner discusses CBDCs at Capital Club Dubai.
Werner agrees with the 'conspiracy theorists' that have been predicting for years now that some man-made financial or macro economic crisis will be used as a crowbar to enforce CBDCs on the markets.
This is exactly what Werner explains in the Dubai interview. Some people love to throw the term about of a 'black swan' event. But this would be a natural phenomenon. While it sounds pithy, this term must not be used in this case. As Werner explains, these are man-made crises and veiled power grabs.
Another professor of Economics, Philipp Bagus at the University King Juan Carlos in Madrid, has written a book back in the day in 2011 titled "The Tragedy of the Euro". He agrees with Richard Werner about the origin of money.
The booklet is fairly short, is written like a who-done-it. It is not just about the failing euro, but goes back to the hay days of banking and what the nature of money actually is!
Bagus makes an intricate story easy to read. What's more, it's free: PDF. Also available in Greek: PDF.
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