A Short Preview:
“You’re seeing a plan for basically how to financialize and make money
out of genocide and the destruction of society.”
~ Professor Michael Hudson

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I just love this interview: Richard Werner on the financial sector, added/extracted value, money “creation”, “deposits”, productivity and solutions. Simply explained.
Prof Werner is a star. …..
And the hardest of hardball played by the ECB. First of all the Irish government was persuaded to underwrite their banks loans (German local banks via Dublin Banks to US subprime) then there was a revolt ….
https://web.archive.org/web/20240529125020/https://www.independent.ie/irish-news/banking-inquiry-mcgrath-calls-on-trichet-to-respond-to-a-bomb-would-go-off-comment-claims/31521856.html
Yes a great one. Richard proves that when you really understand something and you truly want others to, it is easy to teach finance and economics.
I just love this interview: Richard Werner on the financial sector, added/extracted value, money “creation”, “deposits”, productivity and solutions. Simply explained.
Prof Werner is a star. …..
And the hardest of hardball played by the ECB. First of all the Irish government was persuaded to underwrite their banks loans (German local banks via Dublin Banks to US subprime) then there was a revolt ….
https://web.archive.org/web/20240529125020/https://www.independent.ie/irish-news/banking-inquiry-mcgrath-calls-on-trichet-to-respond-to-a-bomb-would-go-off-comment-claims/31521856.html
Yes a great one. Richard proves that when you really understand something and you truly want others to, it is easy to teach finance and economics.
Catherine, what a great interview with Richard Werner (I watched his documentation “Princess of the Yen”) ! Thank you for that.
Few questions:
As a side note, the back cover of the book “Lord Milner’s Second War” has this :
“After his first war, Lord Milner set his sights on a Great War to eliminate European opposition to the hegemony of his Anglo American Banking cartel.”
Strangely, though, the book has no mention of anything on this subject in the text.
I believe the logical explanation for what is happening is that the Earth is an open economy and the dividends are required by whomever controls -the material existence whether in the inner planet or in outer space.
If you have not read, you might find this of interest:
https://home.solari.com/book-review-a-history-of-central-banking/
Hey Catherine, do you have any resources where we can learn more about this? I’ll check out the book. Thank you!
I have ordered this book and am looking forward to reading it.