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The Father Of Quantitative Easing - Richard Werner | PBD Podcast | Ep. 161
PBD Podcast
Do You Specialize in Planes No Sell?
I want more companies than a few people that are controlling our marketplace Which is what happens every time we bail out they end up buying some of these other companies and get more and more powerful. I think the US will weather this Because small firms will still receive backing from their community banks Whereas in more centralized economies where you also don't have these many small local banks things would look much worse. They took the wrong policies. They created too much money for unproductive purposes You know all my work shows that that is wrong. We should only create money for productive purposes and when I say create means inject into the economy The bailout doesn't inject new money but it can help you have a healthy bank system
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