Shot as apart of the documentary
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As part of the upcoming film CBDC: The End of Money, I interviewed renowned economist and professor Richard Werner.
Professor Werner is the father of the monetary policy concept of quantitative easing, the author of the best-selling book Princes of the Yen: Japan’s Central Bankers and the Transformation of the Economy, and the writer of an important paper on the actual operations of banks.
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In this ten-minute interview, Professor Werner discusses his seminal banking paper, where he presents three theories on bank credit creation and proves through an empirical study that banks actually CREATE MONEY OUT OF NOTHING.
Banks do not channel our savings into loans as most people think—they do not practice fractional reserve banking, but in fact, they take collateral and create money completely out of thin air. This is shocking once you get your head around it, and it constitutes a complete and total fraud. If you don’t repay your loan, they seize the collateral even though they put nothing down in the first place!
Read Richard Werner’s banking paper here:
And Richard Werner’s Substack:
And his website:
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All donations go to the production of documentary films and interviews like this one. It is a spiritual work that I do to help the public see the Big Picture of what we are up against, and how we can defend human liberty. Thank you for your contribution to this effort.
