The Fat Emperor Podcast cover image

Ep195: Crucial CBDC’s with Professor Richard Werner: YOUR Future is Being Decided!

The Fat Emperor Podcast

00:00

The Role of Banks in the Creation of Money

Historically paper money was issued by banks, but then the central planners Started to move in on the act. 97% of the money supply is actually created by banks through bank lending They're just not allowed to issue paper notes. So really we have been using digital currency you could call it bdc bank digital currencies For many decades.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app