Detailed Index - Professor Richard Werner’s Talk:
1 - Why is banking so important for the economy, society and the sustainable development of regions and communities?
2 - What causes the recurring boom-bust cycles and crises?
3 - What policies or banking systems have historically been most successful in avoiding these cycles and crises?
4 - What kind of banking system and banking policy do we need?
5 - While we are at it, can we solve the major problems of our time with this?
6 - What are the policies which are being pushed that we need to oppose?
4:40 - Banks create the Money
7:00 - Where is your Money Safe?
8:50 - Trade Secrets of Banking – Banks don’t lend Money, Banks don’t take Deposits!
10:40 - The bank doesn’t pay-out, it will just record its debt to you, which is called “a deposit” and we use it as Money.
12:45 - Credit Suisse & Barclays Bank – Create their own Capital
16:25 - Cash & QE
17:35 - The money supply is created and allocated by Banks
22:30 - Colwyn Report 1918 – nothing’s Changed!
22:40 - Bank Collusion
24:00 - Banking Market Concentration - The 'Herfindahl-Hirschman Index’ – (H-HI)
26:30 - Number of financial institutions (Banks & Credit Unions) – Debate
27:00 - H-H Index for Germany
29:00 - The Creation of Boom-Bust Cycles
30:50 - Credit for GDP transactions - financial circulation credit (Asset Credit Creation)
36:10 - The East Asian Economic Miracle – Credit Guidance
40:30 - Abuse of Power by the Bank of Japan – A warning to All
47:10 - The German Banking System
51:20 - Hampshire Community Bank Project - Local First CIC
56:40 - Dangers of Centralise Money creation & allocation (Central Banks)
58:00 - The Alternative to bailing out the Banks. Ireland - what the Central Bank could have done
1:00:00 - Japanese Bank Restructuring 1945-47 and 1990s
1:06:00 - Iceland
1:06:50 - Activities of the ECB
1:07:00 - EU war on Community Banks
1:08:30 - Negative Interest Rate Policy of the ECB, favours speculators to the detriment of the economy
1:10:25 - War on Cash
1:11:45 - Lower Interest Rates do not stimulate the economy
1:14:00 - Quantity of money not the price of money that drives the Economy – Bank credit for GDP transactions drives the economy
1:15:45 - Current Central Bank War on Cash
1:19:30 - ‘Princes of the Yen’, Central Bank Truth Documentary on YouTube (247,000 views, Nov 2016) & Book plus other Publications.
Prof Werner’s Books on Amazon: https://www.amazon.com/Richard-Werner/e/B001HPEXVY
‘Princes of the Yen’: Central Bank Truth Documentary https://youtu.be/p5Ac7ap_MAY
1:20:00 - Irish Government - Stop the issuance of Government Bonds - 12% Vs 4%
1:22:38 - END