In Switzerland they announced the city festival in Lucerne to be cashless. The shitstorm of the public made them finally change course and cash was accepted.
@jmc80767 ай бұрын
Human free will has historically been the wild card.
@lerazocontractinginc3 ай бұрын
In the west now there’s some hundreds of bank branch’s that are cashless now.
@bruce413010 ай бұрын
Thanks for voicing your economic experience on central banks! Centralised of any aspect of social and economic life leads to forms of dictatorship unintentional or not!
@jmc80767 ай бұрын
I think this was known by key sources in our world for centuries.
@HoneyBadger808866 ай бұрын
Bitcoin is decentralized. No #Trusted3rdParties. No single point of failure. Bankless and Sovereign human.
@bruce413010 ай бұрын
Need more Professor Werner’s to implement economic policies!
@mikemcglauflin89858 ай бұрын
Actually he needs people to understand where the problems are really coming from. More central planning is not a favorable solution.
@andreagaali7172 Жыл бұрын
always love to listen him 🙂
@rickjensen2717 Жыл бұрын
Time to get Richard on to the BoE Monetary Policy Committee!
@KnordStream4955411 ай бұрын
Keep him free please...
@meddimarcy8 ай бұрын
Don’t be short sighted They’ll never let that happen !!!
@rickjensen27178 ай бұрын
@@meddimarcy we live in hope!
@meddimarcy8 ай бұрын
@@rickjensen2717hope is not a strategy !
@290revolver2907 ай бұрын
@@rickjensen2717😂😂😂😂😂😂
@lauraleslie49547 ай бұрын
This dude is very brave to put this information out to the preople. Props to him.
@freethinkers-inc. Жыл бұрын
Very clear an correct analysis of the real reality. Thanks a lot for this great interview.👌
@RolfStumpfRailMedia8 ай бұрын
Thank you for demasking the financial matrix we are forced to live in. This needs to be shared and shared and shared. Best aired at prime time instead of the stupid "news".
@HoneyBadger808866 ай бұрын
Say it plain. Say it in multiple languages. Say it to workers morning and night. Repeat
@HoneyBadger808866 ай бұрын
I save in #bitcoin. Self custody and #hodl
@jibranmohammed8078 Жыл бұрын
Brilliant !
@iriscrocus17179 ай бұрын
This talk shows you how corrupt the system is.
@stormbear73302 ай бұрын
wonderful truthful talk..
@thomasbentele2468Ай бұрын
Phantastisch: Jeder Deutsche sollte darüber Bescheid wissen und überhaupt alles kenne, was Werner zu Banken, Geld, Wohlstand und was die Mittelschicht wachsen lässt.
@detectiveofmoneypolitics8 ай бұрын
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
@christinemassey71277 ай бұрын
Great talk, thank you for this and thank you so much to Prof. Werner :)
@paolograndeeАй бұрын
Looks to me like a part of the video was cut around that 19:30 time stamp
@ona277911 ай бұрын
Since we are at this discourse of CBDCs - may I ask what's the link behind the multiple rounds of C-19 vaccinations? Is it the implantation of multiple microchips? Does that mean one microchip is not enough for central banks to achieve the desired level of programability ? There are so many puzzles but great work Mr Werner !
@RepairRenovateRenewАй бұрын
3:19 is such a crazy way to start a talk. Moment of silence for the death of childhood
@KnordStream49554 Жыл бұрын
The number of banking institutions in China reached to 4,561 by 2022. The number of banks had been increasing until 2019 and been relatively stable since then. In recent years, the Chinese government had increased its grip of the financial industry.
@JohnAdams-mu7xd11 ай бұрын
Epic
@MichaelMcCausland-pg6qs11 ай бұрын
All economies begin with the soil
@iantroesoyer18648 ай бұрын
Absolutely. We all depend on the earth. No one made it, so no one should own it outright. I'm a big fan of replacing most taxes with a land value tax that would function as a rent paid to the community for the privilege of exclusive right to use the land.
@ngana8755 Жыл бұрын
The wrong year is on the top left side of the video. It should be 2023, NOT 2024!!!!!!!!
@soroushadel868411 ай бұрын
Its advertising for an upcoming event.
@TheGbelcher2 ай бұрын
That’s unfortunate. I was really hoping this was a video from the future.
@grootjohnmorrison4165 Жыл бұрын
Poor common man 😢
@BorisLudwig4 күн бұрын
At law, the amount 'borrowed' by the customer 'from the bank' is deposited in the account of the customer..... "you'll find it in your account" Could it be that the signature of the customer which makes the contract a promissory note gives the holder (bank) the 'right' to access the customer's Cestui Que Vie Trust? Perhaps that is where the money has been transferred from. Which would mean that the money already belongs to the trust beneficiary (the customer) but they are paying interest for access to the trust via the bank.
@stephendiangelo42157 ай бұрын
@robert Breedlove please get him on the show
@augurcybernaut47852 ай бұрын
3:18 🎯 🎯 SPEAK ON IT
@cathodion4 ай бұрын
It says oktober 2024.... is this from the future?
@terrj7 ай бұрын
If we talk about CBDC, then we have to distinguish between retail and wholesale CBDC. How it comes that a professor such as Mr. Werner doesn't spend one word about it? In his speech he referred to CBDC as the retail CBDC. There are countries such as Switzerland that are testing the concept of wholesale CBDC, which would make more sense in my eye. So what I want to say is, there are use-cases that would benefit from an electronic and programable central bank money.
@truenorth301010 ай бұрын
Haiti proves it: poverty destroys the environment. Better economics for all would stop the forest destruction in the Amazon and on Haiti.
@jmc80767 ай бұрын
Mass consumerism (cheap or expensive) incl food and all excess also destroys the environment. We have grown more separate and detached from the rest of natural life.
@evamirikantor2 ай бұрын
In israel they are already running a pilot for cbdc...and the people there are absolutely ablevius to what is happening.
@summondadrummin28687 ай бұрын
Because of its highly political nature, Economics seems likely the most dumbed down knowledge domain. In example "Central Banks in their models don't have Banks in them, and they don't have money in them"
@jonswanson7766 Жыл бұрын
Where's the fire? 🔥
@MichaelMcCausland-pg6qs11 ай бұрын
Homeostasis is only obtain through collective capitalism very similar to the human form. One resides.Within! MWM
@deborahlsmith75839 ай бұрын
The Valhalla Network - from their website; "This means each bank will allocate a significant portion of their dividends to a charity that reinvests into local, social, and community initiatives as per the DAO’s ESG (environmental, social, and governance) policy.".........hm.........can you say......shilllin' for the villains..........???........nice trap........just sayin'
@ProgressiveEconomicsSupporter5 ай бұрын
I like Prof. Werner very much, but he obviously doesnt integrate double-enty bookkeeping intonhis models. So technically the government doenst borrow money with interest from the central bank for their spendings. Government merely orders the bank to arrange payments. At least its like that with European central banks. Also dont see, why the implementation of CBCDs must lead to cenral planing and getting rid of private banks?
@panjipriambudi26714 ай бұрын
woww
@nacionaldelacapital8 ай бұрын
" Banks in England have no Deposits" " Banks is no intermediary " 🤯🤯🤯
@jmc80767 ай бұрын
You’re surprised?
@kirkdubielewicz19065 ай бұрын
All been driven by Blackrock, Vanguard, and State Street.
@Saved-kp4sq9 ай бұрын
The Mark of the beast in the future.. Revelation 13.
@nacionaldelacapital8 ай бұрын
Pardon me, probably a semiconductor in the brain and in the body of a human.
@jmc80767 ай бұрын
It’s a popular theory. Watch myth vision videos.
@bustermoon82979 ай бұрын
ein mal....nur ein einziges mal anstatt dem tatort 20.15 am sonntag
@steviewonder4173 ай бұрын
Hard money libertarians btfo’d
@nicolem8897 ай бұрын
Cbdc will not making any difference. Fiat dollars, fiat dollar amount on a computer, and cbdc are not different. Banks have just perfected the art of money creation.
@secrets.2955 ай бұрын
CBDC will make far more differences in a much more negative way. CBDC means there is no more private banking & the Central Banks hold absolute control over the economy. Fiat money takes away the absolute control from central bankers. Gold back currencies aren't as great as people think they are. The gold standards didn't solve the great depression & one could argue, it made the recession worse. The great depression is one of the worst hyper inflatiobary periods in history. The inflation we feel today is like 50x less severe than during the great depression and it happens when currencies were backed by gold. So when people talk about how great the gold standard is, I just don't buy it.
@nicolem8895 ай бұрын
@@secrets.295 Do you mean commercial banks instead of private banks? Gold isn’t great, but laypeople think that it will regulate the buying power of the dollar. If there were limits to money creation then in some way we would all benefit, but there would be less productivity by far. All companies use debt to get ahead. They don’t use cash to create new brands and open new stores, etc.
@MicheldeGeofroy26 күн бұрын
You don’t seem to understand that this is programmable money that can for example that black people pay twice as much as Asians