#214 - Prof. Richard Werner - "They Are Traitors": How Central Banks Sabotage Wealth & Create Crises

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:

00:00:00 - Central Bankers Are Traitors To Their Countries

00:01:04 - Why Can't Britain Grow?

00:06:50 - Princes Of The Yen

00:11:19 - It Was Always About Control

00:13:38 - Banks Don't Lend Your Deposits

00:14:27 - Show Me Where The Money Is Created

00:16:14 - Every School Of Economics Gets It Wrong

00:20:14 - Why Would They Do This?