The Peter McCormack Show
#214 - Prof. Richard Werner - "They Are Traitors": How Central Banks Sabotage Wealth & Create Crises
- Central bankers function as traitors to their nations, prioritizing globalist interests over domestic prosperity and using banking crises as opportunities to consolidate ownership and control.
- Private banks create money through lending, not from deposits; this mechanism has been deliberately obscured in mainstream economics textbooks for centuries to prevent public understanding of financial power.
- Decentralized systems of thousands of small, local banks lending to small businesses generate sustainable double-digit growth without inflation or crises, as proven by Japan, South Korea, China, and historically by Britain.
- Consolidated banking systems (like the UK's five dominant banks) deliberately starve small firms of credit, suppressing productivity and middle-class prosperity while concentrating power in elite hands.
- The City of London operates as a sovereign, undemocratic entity within the UK, with unelected representation in Parliament; similar centralization structures exist across the EU and globally.
- Rising populist and "right-wing" parties in Europe (AFD, Le Pen, etc.) represent centrist policies from 25 years ago; the entire political spectrum has been artificially shifted left by CIA re-education programs and occupation statutes.