Richard Werner explaining banking and its alternatives

Posted: October 18, 2018 in Economics, Fractional Reserve Banking, Monetary System, Paper money, Statistics
Tags: , , , , , ,

https://www.rt.com/shows/renegade-inc/379579-uk-finance-curse-suffer/

 

Is RT just a mouth piece for Russian imperialism….maybe, but doesn’t the great USA have mouth pieces and sensationalists such as Fox, and perhaps others media? Let us critically judge the content for what its worth.

From one of the Authors of ‘The Princes of the Yen’, view Professor Werner explain the workings of banking, but also justify some of the solutions to the issues it creates.

Many of these are scorned upon by neo liberals, often being rubbished by talk of the lack of competitiveness it would create, the lack of wealth for society as a whole….blah blah…haven’t we heard these arguments before, circulate again and again…but what haven’t we heard? How about the lack of manipulation, how about real democratic authority and accountability. What of fair pricing and transparency as opposed to superficial gains and over valued delusional self worth?

I must draw your attention to David Buik, ‘City Grandee’ of over 50 odd years experience of the city, frequently on mainstream business media, yet he didn’t even know how the City of London Corporation actually worked?? I would continue to question who these prominent experts are and what they actually know before we have them paraded in front of us as knowledgeable advisers and commentators

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s