This Tucker Carlson interview features Richard Werner, a renowned economist, discussing his research on banking systems and their influence on global economics and politics. Werner details how banks create money, challenges conventional economic models, and exposes alleged manipulation by central banks and their connections to warfare.
Banks Create Money: Werner's research empirically demonstrates that banks create money, not merely act as intermediaries. This contradicts mainstream economic models.
Three Theories of Banking: Werner identifies three theories of banking: financial intermediation, fractional reserve, and credit creation. His empirical work supports the credit creation theory.
Central Bank Manipulation: Werner alleges central banks intentionally create asset bubbles (e.g., Japan in the 1980s) to later cause crises, benefiting select groups.
The Role of Credit in Economic Growth: Werner argues that credit creation directed towards productive investments fuels economic growth, while credit for asset purchases or consumption leads to inflation and instability.
Central Bank Digital Currencies (CBDCs): Werner expresses concern that CBDCs will further centralize power, enabling governments to control and restrict the flow of money.
