Video Presentations & Interviews
by Richard A. Werner
Professor Werner discusses the effects on the economy comparing a concentrated banking system with just a handful of banks dominating the lending vs a decentralized and broadly distributed banking system with many local banks. He uses the UK as example of the former vs Germany as an example of the latter.
Economist & Investment Manager, Prof. Richard Werner discusses Debt-free & Interest-free money, and the role of banks in the economy:
Economist & Banking Expert, Richard Werner on Economic Growth, the Environment, and CBDCs:
by Achraf Mkhaiber & Richard A. Werner
Books by Professor Richard A. Werner
Princes of the Yen by Richard A. Werner
Princes of the Yen opens the curtains and shows you how money works, who creates it and how it is deployed to cause boom and bust cycles. Professor Werner reveals the unexplored role of central banks and their grip on the economy through their control of credit creation. Princes of the Yen reveals how Japanese society was transformed to suit the agenda and desire of powerful interest groups, and how citizens were kept in the dark about this.
Follow Professor Werner, leading international banking expert on X.com (formerly Twitter) here:
https://x.com/scientificecon
Articles & Papers
by Richard A. Werner
Richard A. Werner Substack article on the importance of local banks, here:
How do banks create money, and why can other firms not do the same?
by Richard A. Werner
It is the purpose of this paper to investigate precisely how banks create money, and why or whether companies cannot do the same.
A lost century in economics: Three theories of banking and the conclusive evidence
by Richard A. Werner
How do banks operate and where does the money supply come from?