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The Greatest Fraud In Human History | Prof. Richard Werner

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About The Greatest Fraud In Human History | Prof. Richard Werner

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Prof. Richard Werner is a world-renowned economist, professor of banking, and author of Princes of the Yen. Famous for coining the term "Quantitative Easing" (QE) and publishing the first empirical proof that private banks create money out of thin air through lending, he has spent decades exposing the central planning mechanisms that dictate global finance. In this episode, we discuss the ”Revealed Preference" framework - demonstrating why we must analyse central bankers by their actions rather than their rhetoric. He explains how central planners use artificial recessions and banking crises as "windows of opportunity" to consolidate ownership, why textbook economics deliberately obscures credit creation, and how establishing decentralised local banks can unlock sustainable 10%+ annual growth. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00 - Central Bankers Are Traitors To Their Countries 01:04 - Why Can't Britain Grow? 06:50 - Princes Of The Yen 11:19 - It Was Always About Control 13:38 - Banks Don't Lend Your Deposits 14:27 - Show Me Where The Money Is Created 16:14 - Every School Of Economics Gets It Wrong 20:14 - Why Would They Do This? 21:57 - Britain Is Close To Central Planning 22:46 - America Once Had 30,000 Banks 27:48 - The Problem Was Identified In 1918 31:18 - Who Runs The City Of London? 33:46 - We Need Thousands Of Small Banks 38:14 - First The Money, Then The Power 44:04 - Every Country Can Have 10% Growth 47:12 - Liz Truss And The Bank Of England 50:23 - We Don't Need Central Banks 52:22 - Were The Austrians Right? 57:35 - They Want Your Savings 59:21 - Europe's New Right - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – [email protected] › Instagram – https://www.instagram.com/mccormack555/ › X/Twitter – https://x.com/petermccormack/ CONNECT WITH RICHARD WERNER › Website – https://professorwerner.org/ › Substack – https://rwerner.substack.com/ › Princes of the Yen – https://www.quantumpublishers.com/ › X/Twitter – https://x.com/drrichardwerner SPONSORS › IREN – https://www.iren.com/ › Arch Public – https://archpublic.com/peter › Venice AI – https://venice.ai/ – Code PETER15 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - #Economics #RichardWerner #CentralBanks #Banking #TPMS

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