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.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 8 in all, peaking in Apr 2026 with 6.
Appearances
That's the calculation.
Math reveals it as a lie.
Exactly.
Because what is the result, even if each is more likely to be true than not with 55% probability, the joint probability is less than 1%.
But of course, each assumption has a probability closer to zero, less than 1%, I would say.
There is not even equilibrium.
It doesn't exist.
It's so unlikely to ever be true that we know for sure there's no equilibrium in any market.
But central banks are using general equilibrium models.
That means equilibrium not just in one market, but in all markets at the same time.
That's even less likely.
That's like the probability 0.000 whatever percent.
So the real power is with the governors of the central bank.
Exactly.
But also what you're hiding with this equilibrium economics is the power of – is actually power, you could say.
Power.
Economists would say, well, let's not talk about power.
We're about economics.
We don't – power doesn't enter the equation.
Why?
Showing 1181–1200 of 4,694 · page 60 of 235
← Previous
Next →