The "What is Money?" Show

"We Don't Need Central Banks" w/ Richard Werner (WiM581)

Episode Summary

Richard Werner joins me to explore the hidden history of the U.S. dollar, the origins of tally sticks as early money, and how interest rates, central planning, and price fixing distort real economic growth. We discuss the rise of central banks as banking cartels, the history of Viking influence on European civilization, and the creation of the petrodollar. Richard Andreas Werner is a German banking and development economist who is a university professor at University of Winchester.

Episode Notes

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Websites: https://professorwerner.org/ and https://richardwerner.org/

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// OUTLINE //

0:00 - WiM Episode Trailer

1:23 - History of the USD

5:46 - History of Tally Sticks

11:13 - Interest Rates and Growth

25:19 - The Farm at Okefenokee

26:29 - iCoin Bitcoin Wallet

27:59 - Central Planning and Price Fixing, We Don’t Need Central Banks

33:45 - The Importance of Sound Money

39:52 - Heart and Soil Supplements

40:52 - Helping Lightning Startups with In Wolf's Clothing

41:44 - Central Planning vs Decentralized Planning

51:43 - Nature to be Commanded, Must be Obeyed

58:05 - Mine Bitcoin with Blockware Solutions

59:31 - Onramp Bitcoin Custody

1:00:54 - Has Real Capitalism Ever Been Tried?

1:02:01 - The Vikings and European Civilization

1:24:07 - Mind Lab Pro Supplements

1:25:18 - Buy Bitcoin with Coinbits

1:26:28 - The Origins of the Petrodollar

1:44:42 - Closing Thoughts and Where to Find Richard

 

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