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
That is the continuation, effectively, of the J.P.
Morgan reparations committee, you see.
But the Bundesbank was then...
made accountable to parliament and its independence was reduced.
That's the big insight.
And as a result, we had a very successful central bank in Germany that threw out the existence of an independent Bundesbank, independent from the government, but dependent on parliament.
And laws were made for it by parliament that, for example, it also needs to look at growth and employment.
You know, you can't have huge unemployment.
It's no good having low inflation, but a huge recession, right?
So that was the law.
It performed very well.
So it made other central banks look bad.
It also never created these asset bubbles, because if you allow banks or encourage banks to lend for asset purchases, you get, because it's money creation, you get asset bubbles, which lead to banking crises.
And that's the system played in many countries, certainly in England, boom-bust cycles all the time.
Many countries, the central banks have been playing this game, which then can be used to rearrange ownership and all sorts of things.
As a World Bank report pointed out about the Asian crisis.
Oh, the Asian crisis, a window of opportunity to rearrange ownership.
Oh, interesting.
That's a World Bank report.
So the Bundesbank...
Showing 1261–1280 of 4,694 · page 64 of 235
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