Rebel Capitalist News Tucker Carlson And Richard Werner Just Exposed The Banking Cartel (Reaction)
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Aug 1, 2025 
Richard Werner, a Professor of Banking and Finance known for his insights on quantitative easing, joins to delve into the intricacies of the banking system. They discuss the role of bank credit in economic stagnation, challenging traditional views on money creation. The conversation highlights fascinating historical trends, particularly in Japan's real estate market. Werner also critiques Federal Reserve policies on interest rates and emphasizes the importance of understanding banking reserves in today's financial landscape.
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George Gammon's Werner Anecdote
- George Gammon shares his personal experience with Richard Werner, calling him a friend and appreciating his insights.
- He notes their similar conclusions on how the monetary system works despite different approaches.
Banks Create Money Not Lend It
- Banks do not merely lend out existing money; they create new money when they make loans.
- This explains how Japanese real estate prices soared even as money flowed out of Japan.
Banks Excluded from Economics
- Mainstream economics has ignored banks, excluding them from models and theories.
- Banks are central because most people's debts are owed to banks, though economists often overlook this fact.