
Ep195: Crucial CBDC’s with Professor Richard Werner: YOUR Future is Being Decided!
The Fat Emperor Podcast
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.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.