Dave Smith: "We would put an end to [wars] if they tried to raise everybody's taxes enough to come up with $10 trillion… So they just print the money and then essentially what happens is that the price of everything just goes up and up."
“Lorie darlin', life in San Francisco, you see, is still just life. If you want any one thing too badly, it's likely to turn out to be a disappointment. The only healthy way to live life is to learn to like all the little everyday things, like a sip of good whiskey in the evening, a soft bed, a glass of buttermilk, or a feisty gentleman like myself.”
---- Augustus McCrae, "Lonesome Dove"
World-renowned economist Richard Werner on where money comes from: banks just create it out of thin air, and keep a pile for themselves.
(0:00) How Werner Predicted the Japanese Financial Crisis
(14:16) How Banks Create Money From Nothing
(24:09) You’re Being Lied to About the Bank’s Role in Economics
(33:59) The Evils of the Federal Reserve
(38:51) Why Are Banks Allowed to Create Money?
(57:12) Was Leaving the Gold Standard a Mistake?
(1:09:30) The Difference Between Banks and Central Banks
(1:24:26) How Society and Culture Are Impacted by Banks
(1:33:11) Did the US Purposely Destroy the Japanese Economy?
(1:35:42) The Central Bank’s Attempt to Blacklist Werner
(1:39:03) The CIA’s Threat to Werner
(1:47:24) Why Werner’s Research on Credit Creation Scared the Central Banks
(2:03:55) The Link Between Central Banks and Warfare
(2:18:02) Where Is the US Economy Headed?
(2:29:49) The World Bank’s Debt Trap to Exploit Developing Countries
(2:35:34) The Dark Truth About Central Bank Digital Currency
(2:40:19) Where Can People Learn More About This?
Includes paid partnerships.