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
So only after three years.
You know, Germany was also in the Great Depression, you have to understand.
I mean, there was large-scale unemployment, 20-25% unemployment.
And then Schalmerschacht, who had created those policies, they created this and exported the Great Depression from America to Germany.
knew how to get out of it quickly and adopted these policies.
So Germany by 1936, just when Keynes in Britain was publishing his analysis of what could be behind this Great Depression and what could be done to get out of it, which was his recommendation fiscal policy, well, Schacht had already led Germany to full employment and shortage of labor.
That's how the economy was booming in 1936.
And it wasn't through fiscal policy.
It's often said, oh, that was military spending.
Oh, no, no, no.
German military spending only picked up much later.
It was monetary policy, credit creation for productive business investment in many industries, high technology industries.
That's what led Germany out of that bank credit creation.
And Schacht knew that because he was also known as the credit magicians, the wizard of credit creation.
But it's always the same everywhere.
It's not just Germany.
It's always bank credit.
That's what shows you what's going.
That's why they're hiding it.
That's why even today in leading economics textbooks, there are no banks.
Showing 1101–1120 of 4,694 · page 56 of 235
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