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1:17:40 truth “Honne” @YakiHonne @npub1xtwy...6rus @npub147wh...selt @REDKAZ⚡️| YakiHonne

Richard Werner taught me about City of London, how financial metrics can be misused to create narratives to mislead eg GDP, and he believes in lots of small, decentralized community banks. Helped me to understand the machinations of big banks and how they extract value (loot). My black pill moment is I'd like to find out the real story, behind the Bank Secrecy Act - because I believe thats where the real trouble lies. He's never expressed an opinion about BTC on any of the podcasts I've seen. Thank you for the Tucker Carlson link.

In this interview (July 2024) I’m asking him explicitly about bitcoin and his vision on more small community banks- challenging him with the fact that he’s essentially preaching for more fiat banks, and further fractional reserve banking and from his answer I felt like he doesn’t get Bitcoin, nor that he sees the issues/problems with excessive printing of fiat and fractional reserve / debt creation. I think it’s a bit strange to be honest. Also when Philip Bagus challenges his view, he calls it nonsense. Watch from minute 27:

Shamelessly copy/pasting my response to Marty but echo the sentiment from Efrat and others - the so-called "father of QE" is not incentivized to honestly discuss the problem or the solution. ----- It was interesting but it was littered with logical inconsistencies and contradictions. Tucker doesn't have the monetary chops to push back either (not a knock on him, he can't be across everything). John Haar summarised it well I think

X (formerly Twitter)

John Haar (@john_at_swan) on X

One last post on how bizarre the Richard Werner & Tucker Carlson convo was: ◽️Werner said bank credit creation is fraud ◽️Werner chee...

It seems he preliminarily touched bitcoin but does not fully get it, yet, so is a bit apprehensive. I think he just needs a few things cleared and he's be on fire about bitcoin. @Vlad's interview with him shows that towards the end. What's your assessment Vlad?

He invented QE and is "famous" for his research on the credit creation theory which he proofed by taking a loan at a german bank and audited the banking book an traced where the money came from (out of thin air).

He is the real deal and many austrian fanboys could learn important things from him. What he is advocating is how to use the current system for the benefit of society. I do not see that happening but the information he provides is amazing and very important. I made a compilation post with him here: https://www.thewayofcoherence.com/post/secrets-of-the-banking-trade-and-rules-of-the-money-game

I first listened to Richard Werner on the What is Money Show by Breedlove and thought he had really interesting things to say about the history of money. I clipped one sound bite at the time in which he accused the ECB to willingly create a Real Estate bubble (see [1]). Might be worth a listen. [1] Link to Clip.

ECB induced Real Estate Crisis that will pop and take the German Banking System with it • Clip by @tanov • Listen on Fountain

Clipped from The "What is Money?" Show • You’ve Been Lied to About the History of Money w/ Richard Werner (WiM576) // GUEST //Websites: https:...

[2] Link to full 2,5 hrs episode.

The "What is Money?" Show • You’ve Been Lied to About the History of Money w/ Richard Werner (WiM576) • Listen on Fountain

// GUEST //Websites: https://professorwerner.org/ and https://richardwerner.org/Substack: https://rwerner.substack.com/Book: https://www.quantumpub...