The REAL Cause of Recurring Bank Crises
2 days ago
53
Finance
Richard Werner
banking
finance
economics
Princes of the Yen
bank crisis
central banks
QE
asset bubbles
Prof. Richard Werner explains the important function of credit creation by banks and how, when done irresponsibly, it can lead to bank crises.
Credit creation is divided into two streams:-
Credit used for the real economy
Credit used for financial transactions
When the ratio of credit used for financial transactions increases, asset bubbles and banking crises are likely. Werner briefly talks through past data for Ireland and Spain.
Subscribe to Prof. Richard Werner's substack: https://rwerner.substack.com
Loading 1 comment...
-
27:37
Richard Werner Economics
2 days agoQE Infinity - Renegade Inc & Economist Prof. Richard Werner (Part 1)
84 -
6:16:44
CookieCraverGamer
9 hours agoCleaning Up The Companies Mistakes
40.6K2 -
1:31:22
Glenn Greenwald
6 hours agoSYSTEM UPDATE FLASHBACK: Exposing Free Speeech and Pro-Democracy Frauds
76.7K57 -
11:59
Jamesons Travels
1 day ago $8.28 earnedMarine Intentionally Injures Himself to Get Out Fights for Ukraine
51.8K16 -
1:29:54
Donald Trump Jr.
12 hours agoMcMaga: We’re Lovin’ it, Plus “Bulletproof” Author Jack Posobiec | TRIGGERED Ep.183
114K327 -
2:29:19
WeAreChange
8 hours agoLegacy Media DESTROYS ITSELF While Trying To Take Out Trump!
64.3K26 -
53:46
Kimberly Guilfoyle
12 hours agoDonald Trump’s Most Iconic Moment Yet? Live with Dinesh D’Souza & David Bossie | Ep. 167
73.2K37 -
1:01:18
Sarah Westall
8 hours agoAre you being Duped? Woke Right vs Woke Left, Infiltration & Operations w/ James Lindsay
38.5K10 -
1:43:58
2 MIKES LIVE
8 hours ago2 MIKES LIVE #132 Deep Dive Monday with Special Guest BIANCA DE LA GARZA!
22.9K2 -
1:01:44
Exploring With Nug
12 hours ago $1.69 earnedPolice Refuse To Let Others HELP Investigate Missing Person Randy Leach!
17.4K2