The "What is Money?" Show
You’ve Been Lied to About the History of Money w/ Richard Werner (WiM576)
Apr 25, 2025
In this engaging conversation, Richard Werner, a Professor of Banking and Finance, reveals the hidden truths about money's history. He challenges mainstream narratives and discusses how central banks manipulate financial systems to maintain control. Werner traces the evolution of money from ancient Babylon to modern fiat currency, connecting it to societal inequalities. He also explores the misconceptions of banking practices and advocates for decentralized alternatives like Bitcoin. Additionally, he dives into the nutritional benefits of organ meats, linking health to economic choices.
02:23:56
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Quick takeaways
- Understanding the origin of money reveals the power dynamics that finance political leaders and influence governance decisions.
- The Japanese real estate bubble exemplifies how inflated asset valuations can mislead capital movements and economic decision-making.
Deep dives
The Influence of Money on Power
The podcast delves into the origins of power and influence, emphasizing the importance of understanding who creates the money supply and finances political leaders. It argues that historical figures often credited as powerful leaders, such as Caesar or Napoleon, owe their ascension to those who fund their campaigns. By examining financial backing, historians can gain a clearer picture of the political landscape. This perspective suggests that following the money exposes the true dynamics of power and governance.
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