Richard Werner
speaker
4,694 appearances
9 recordings
3 series
first heard Jul 2025
last heard 22 May
Richard Werner’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 8 in all, peaking in Apr 2026 with 6.
Appearances
What we've seen in reality is it can be very, very important.
For example, in the so-called Asian crisis, 1997, 1998, 1997, 1998,
which was very much engineered by the system IMF and central banks.
I was sent on an official mission to Thailand in 1998 to analyze this and advise the Thai government from the Asian Development Bank's perspective.
Based on my analysis, I concluded that it was a plot by the local central bank
in Thailand against the country together with the IMF.
It was a situation to create a boom-bust cycle and then bankrupt Thailand and ask the IMF to come in.
And then the IMF asked for Thai assets to be sold to foreigners.
You know, Thailand was doing well until then, and then it had to sell, well, it was asked to sell its banks and its industry to foreigners very cheaply while the currency had been devalued, right?
So, you know, just looking at the big picture outcome, that's what it was meant to be about.
The mechanism is also quite interesting.
It's the same mechanism they put onto Germany in the early 1930s to get Hitler into power.
You know, Thailand had a savings surplus.
It had successful exports and was a reasonably high growth economy, but it was brought down very badly in this setup.
And this started with the central bank.
The central bank saying, okay, well, we'll have a fixed exchange rate against the dollar.
Everything's safe.
Never worry about the exchange rate.
We have foreign currency reserves.
We can maintain this Thai baht dollar exchange rate.
Showing 421–440 of 4,694 · page 22 of 235
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