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 months
6 · Apr OctJan 26AprJulnow

Recordings per month over the last 12 months — 8 in all, peaking in Apr 2026 with 6.

Appearances

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We'd better get it from Germany.
And so the reparation committee was all about Germany paying Britain to pay JP Morgan.
So really it was from Germany to JP Morgan.
And this started to become entrenched in, if you look at the German central banks, the first step was this new law that made the German central bank totally independent from government and from any government.
democratic assemblies in Germany.
The Reichsbank was made unaccountable to anyone.
It was the most independent central bank in the world, while also at the same time being 100% privately owned, by the way.
The Reichsbank was privately owned.
And this Reichsbank, then as soon as the ink had dried on this new statutory independence, but of course dependence on J.P.
Morgan's wishes, the reparations committee was appointing these foreigners, you see.
The hyperinflation started in Germany, and they then put Helmut Schacht in power at the helm of the Reichsbank.
And it was the same Helmut Schacht who then took the steps.
I mean, we need another session on the details, but he took the steps that brought Hitler into power.
and even approached the Nazi party and said well you guys have some interesting ideas but you don't have a really good economic program I'll give you how to get out of the Great Depression that he helped to export to Germany through his policies at the Reichsbank
So that's how the plot thickens.
And then, of course, when Hitler was appointed on strong recommendation from Helmut Schacht, who was highly respected by that time because he was actually known as dictator, the monetary and credit dictator, because he decided over life and death of German companies in 1920s.
When the Reichsbank said no, then the company wouldn't get credit from the banks and would be finished.
So this guy recommended Hitler and then he was appointed, even though he didn't have the absolute majority in parliament, he was appointed chancellor.
and then immediately appointed Chalmerschacht as head of the central bank again, who then very quickly did the right policies, sort of early versions of my QE, quantitative easing, to rev up the German economy.
And so by 1936,
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