A Different Approach to Bank Credit Creation - Interest Free Debt
11 hours ago
26
A fundamental flaw with private institutions (banks) creating the credit and lending it out to the public is compounding interest gained by banks and extracted from the public. Governments themselves have let private institutions be in full control of the money supply and have hit extortionate levels of debt; to pay off the interest, they use taxes and extract more money from the general public.
Prof. Richard Werner proposes a new system where the power of credit creation is in the hands of the government, tax burden is lowered, and interest free debt can exist.
Interviewer: Charles Bazlinton - The Free Lunch: Fairness with Freedom
Subscribe to Prof. Richard Werner's substack: https://rwerner.substack.com
Loading comments...
-
LIVE
Right Side Broadcasting Network
22 hours agoLIVE: President Trump Holds a Rally in Coachella, CA - 10/12/24
52,999 watching -
LIVE
Laura Loomer
2 hours agoEP82: LIVE COVERAGE: Trump Rally in Coachella, CA
4,735 watching -
LIVE
Drew Hernandez
12 hours agoTRUMP RALLY COACHELLA, CALIFORNIA
2,342 watching -
26:03
MYLUNCHBREAK CHANNEL PAGE
1 day ago1700s Vienna: Secrets Behind The Facade?
64.4K24 -
2:56:51
Jewels Jones Live ®
1 day agoKAMALA’S COLLAPSE | A Political Rendezvous - Ep. 95
43.4K13 -
1:08:48
Michael Franzese
22 hours agoAnother Crazy Week: P Diddy, Hurricane, and More Democrat Lies | Michael Franzese LIVE! Ep. 22
97.2K136 -
1:51:55
Athlete & Artist Show
1 day ago $12.05 earnedNHL Is Back! High Stakes Sports Betting and Casino Games!
99.1K1 -
2:00:57
Tactical Advisor
9 hours agoThe Vault Room Podcast 002 | Shotguns Making a Comeback & Updating Current Events
68.9K26 -
6:55:33
Vigilant News Network
22 hours agoCOVID Vax “Conspiracy Theory” Becomes Reality | The Daily Dose
113K81 -
2:23:58
I_Came_With_Fire_Podcast
20 hours ago"Unraveling the Las Vegas Shooting: Conspiracy, Critical Thinking, and Narratives" with Aaron Love
75.4K34