Meet Professor Richard Werner
Richard Werner, a distinguished authority on money and banking, sounds a warning about the dangers of Central Bank Digital Currency.
As regular readers know, I admire Richard Werner for his scholarship and precise exposition of money creation and its consequences. I regard Professor Werner as the foremost living authority on money and banking.
In the attached interview with Ivor Cummins, Professor Werner expounds on the dangers to liberty posed by central bank digital currencies, or CBDCs.
The interview is about an hour long, but you can take it all in at 1.25x.
If you are short of time, you can watch the first 30 minutes, then go ahead and move forward to the 45:00 mark. The last 20 minutes is a master class on the cause of price inflation: unproductive money creation caused by government action. If you want to get past the noise from the pundits and understand inflation, don’t miss this portion of the interview.
Here is the link to the entire interview.
https://www.bitchute.com/video/OapMu7MC5Ux1/
P.S. In case you are wondering why I haven’t posted much lately, I’ve been working on a nine-part course on money creation and its consequences. I’ll present it on the ARC-UK Youtube network when it's done. I expect to start the course in late August or early September.
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HardmoneyJim
July 16, 2023
Thank you much! Will see what he says. What has me nervous is the Gates statement is apparently a lie. Maybe he's just unknowingly parroting somebody else's lie. But in general I don't think people like you or other podcasters that I greatly respect make accusations without fact-checking them. So at best it feels like bad judgment on his part. Smart people with bad judgment strike me as especially dangerous. Of course, I only have one hour of insight into his body of work, but that's the impression he left me with.
I’ll have to listen again as I was working and only caught pieces of the podcast. That said he had my full attention when he talked about CBDC as I see this as a complete relinquishing of individual rights. That he suggested a local banking and economic solution is well worth exploring as that could well be the fly in the ointment.
With respect to the above comments, I too had never heard the Bill Gates as a l planned social manipulator line of thinking before. That Mr Gates is now manipulating I can accept but I think when building Microsoft he was full dedicated to that purpose.
On the subject of you compiling a course on money I have a rather raw essay on money that builds on the idea that real money holds an ownership component and if you find any value in it you’re welcome to use it. It’s on my blog, gseine.com and in the page property rights.