One last post on how bizarre the Richard Werner & Tucker Carlson convo was: ◽️Werner said bank credit creation is fraud ◽️Werner cheered for bank credit creation as a great way to achieve economic growth ◽️Neither he nor Tucker felt compelled to address how/why something fraudulent could be critical for economic growth ◽️Werner made a link between central banking and waging war ◽️Werner said that central bank asset purchases "clean up bank balance sheets at zero cost to society" ◽️Werner said that QE and bank bailouts are "fair" because the central banks "pays for them" and it "tackles the moral hazard problem" ◽️Werner said that central banks don't create money; only commercial banks do
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