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 months
6 · Apr OctJan 26AprJulnow

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

Appearances

newest first · ▶ plays the moment
Because it's equilibrium economics.
Prices move.
You get this outcome.
You're unemployed.
I'm sorry.
That's the markets.
There's no power.
Right.
But the moment you realize that actually all markets are rationed, then the so-called short side principle applies, which is whichever quantity of demand or supply is smaller determines the outcome and has power to pick and choose with who to trade.
That's the power that we realize is there all the time.
And that's the reality of markets.
So that means people, the short side, whatever that may be in any market, has power.
That's totally ignored by economists.
So this is why equilibrium, this deductive equilibrium approach, this deception is so useful.
You never think of looking for the power players, the power holders.
Of course, when it comes to money, is there equilibrium?
Demand and supply, is it equal?
Well, no, because the demand for money is essentially infinite.
And of course, the short side is the supply of money.
So whoever supplies money has power to pick and choose who to give it to, how much to give it to, for what purposes.
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