Post has been Killed
Not yet a member? No problem!
Sign-up just takes a second.
Forgot your password?
Recover it now.
Already signed up?
Log in now.
Forgot your password?
Recover it now.
Not yet a member? No problem!
Sign-up just takes a second.
Remember your password?
Log in now.
7 Comments
radxsays...A review of his latest book was featured a few days ago on a favorite blog of mine. My knowledge and understanding of economics, macroeconomics in particular, is somewhat limited, so the fact that his theory sounds reasonable to me doesn't mean much.
Anyways, here are some of the graphs he mentions during the interview:
Japan, nominal interest rate in % on the left, nominal GDP on the right
USA, interest rate in % on the right, GDP on the left
SpeveOsays...Richard Werner is being so careful and restrained yet still the host whips out the 'conspiracy theory' card. Cheap.
I prefer more direct criticisms myself, like the ones in this research paper. Fractional Reserve Banking as Economic Parasitism.
I can only hope that in 100 years our future generations will look back in disbelief at this economic nightmare and wonder how it persisted for so long. 100 years might be overly optimistic though.
siftbotsays...Moving this video to radx's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.
radxsays...*beg
siftbotsays...Sending this video to Beggar's Canyon to plea for a little attention - beg requested by original submitter radx.
radxsays...*kill
siftbotsays...Permanently discarding this video - kill requested by submitter radx.