Economist Richard Werner on How to Reform the Banking Sector

Former Chief Economist of Jardine Fleming Asia, and the author of Japanese #1 best-seller 'Princes of the Yen', Prof. Richard Werner, discusses measures necessary to positively reform the banking sector. To do this, Werner answers four key questions:

1) Where does money come from?
2) What causes the recurring boom-bust cycles and crises?
3) Which policies or banking systems have historically been most successful in avoiding these cycles and crises?
4) What kind of banking system and banking policy do we need?

Prof. Werner discusses the positive economic and social impact of community banking, and details how local 'not-for-profit' banking is an engine for local growth.

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