I am reposting this so it can get more views. I had time last night and this morning to watch the entire video. It’s well-worth the time as it will provide a very convincing way of understanding global and national economics, war and geopolitics. ABN
UPDATE: Central banks are the single greatest control mechanism of human behavior. Their power extends well beyond their relations with other banks. It determines a lot of what happens in your country. And they are not under the control of voters. So its an extrademocratic institution which happens to be the most powerful [~2:04].
The above is Carlson’s paraphrase of a major point made by Werner, who then continues by saying, ‘the founding of the bank of England, which is a private company, a central bank, was done in order to wage war. Central banking and warfare are very closely linked’.
The US Federal Reserve is no different; it is also a central bank and was founded at roughly the same time as the Bank of England in order to prepare for WW1.
Moreover, both countries established the income tax at this time. The income tax ‘allows’ government to borrow money from the central banks.
Werner presents the strongest and clearest argument I have heard that central banks start wars and profit from them; and that central banks cause asset bubbles (e.g. real estate, equities) in order to bust small banks and consolidate power.
You can jump to the ~2:04 time stamp to hear this, and if that’s all the time you have, definitely do it.
Best is to listen to the entire interview as Werner provides a great deal of important background with many other insights into money, banking, credit and how to do all of that much better than allow a central bank to have secretive, authoritative control over your country. ABN