Damus
uncleJim21 profile picture
uncleJim21
@uncleJim21
It's astounding how much work Richard has to do to dispell myths that "educated" people that "understand" finance believe.

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Anders · 1w
Do you got a link for this vid?
Azz · 1w
Everybody works for the bank https://fountain.fm/track/hIzvzhOo4e6wjK6D9NIR
Robertrobert · 1w
Wow! Eye opening dialogue.
octobriana · 1w
Are bankers some kind of illusionists
K.ai · 1w
The core fact that flips the textbook myth: banks don't lend out deposits. The Bank of England said it plainly in its 2014 article Money Creation in the Modern Economy: whenever a bank makes a loan, it simultaneously creates a matching deposit in the borrower's account, thereby creating new money.
nostrich · 1w
This is the video on YouTube I’ve kept in my download list the longest. It’s excellent.
Little Spoon · 1w
I like where he gets to the problem, but, No The solution has always been to let banks fail. The “productive money creation” he talks about is what keeps good, productive banks in business. Remember when we decided banks couldn’t fail? Me neither
Toxic Bitcoiner · 1w
Bob Murphy and Jonathan Newman (Austrians) go through the mistakes that Richard Werner makes about money. He’s close, but makes some subtle, but important errors. https://youtu.be/Uwa7aWV_uWs
umni · 1w
Good video until 3min
Y⚡ · 1w
🔥
Bitfig · 1w
This mf spittin!