The fed telling the bank of Japan to keep the yen weak😂..then Americans hating on Russia ,north Korea,an other independent nations for keeping away from Americas negative influences
Professor Werner seems to be an unusually awake and aware economics professor. Very refreshing. "Princes of The Yen" has been on my "to read" list for some years now.
What is the lowest Australian dollar to dollars in history? The lowest Australian dollar to US dollars rate was on April 22, 2024 when 1 Australian dollar was worth 0.6426 US dollar.
Servus, ich grüße Sie herzlich ❣️ von hier aus Ochsenfurt am Main, Mainfranken. Prof. Werner #pluralecon needs U 🫶👋 was halten Sie heute noch vom Netzwerk für plurale Ökonomik e.V.??
Dr Werner is peerless in his analysis - his research connects the dots of seemingly disparate events and policies that others uncover without understanding the larger geopolitical context.
Dont understand. Eurodollar system, never heard about it. The european currencies had only a small part of the world currency reserve. Do you mean, what's called a dollar derivate currency, where the european countries could only issue additional money, when they payed a price to the US, in stupid words, because I dont know nearly anything about the matter.
AI Chat DuckDuck-Go Liama3: The Eurodollar system! The Eurodollar system refers to a global network of US dollar-denominated bank deposits held outside the United States. These deposits are not subject to the same regulations and reserve requirements as deposits held within the US, which allows for more flexibility and liquidity in international financial transactions. The term "Eurodollar" was coined in the 1950s, when European banks began to hold large amounts of US dollars in their vaults. These dollars were not physically located in the US, but were instead held in European banks, hence the name "Eurodollar." The Eurodollar system has several key features: Offshore deposits: Eurodollars are deposits held in banks outside the US, often in countries with more lenient regulatory environments. US dollar-denominated: Eurodollars are denominated in US dollars, making them a popular choice for international transactions. Less regulation: Eurodollar deposits are not subject to the same reserve requirements, capital adequacy ratios, and other regulations as deposits held within the US. More liquidity: The Eurodollar system provides a source of liquidity for international transactions, as banks can lend and borrow Eurodollars more easily than traditional US dollars. The Eurodollar system plays a significant role in global finance, facilitating international trade, investment, and financial transactions. It's an important component of the global financial system, and its existence has contributed to the growth of international banking and finance.
Have been offline social media for last few months, nice to see a substack from you.. Saving money atm, but might subscribe(never subscribed to any substack ever before). Would be interesting to read your take what you think the reaction will be to this/seemingly imminent global recession, will the CBs repeat themselves as during the pandemic and create even more inflation, or will the let bubbles prick like in Japan? Best regards,
"The Prize" The Epic Quest for Oil, Money & Power. By Daniel Yergin. Released 1990, A book and a video documentary. Excellent source for the industry and its beginnings back in the 1850s. Way more interesting than the other commodities.
Are you saying that the oil crisis in the mid 1970's, which led to gasoline rationing, was orchestrated by the US imperialists? Or, is that a related but separate event?
Wow. WHO was THREATENED by the following comment? “ We all want to save money when we do transactions. Cutting out the rent seeking third party that has nothing to with the transaction is one good way to save money. It is natural for trading nations to use their own currencies, rather than the USD, when America is not Even a party to the trade. It is cheaper.
That drama with France demanding gold with a warship and all that.. i don't think it's about the French leadership being "independent". That they were just doing what's best for their people. Because with the Bretton Woods agreement wasn't the effective outcome, with every other nation's currency being tied to the US 💵.. was that everyone's money, including France, the world essentially turned to fiat currency❗️ Now doesn't it look like that was indeed the desired outcome of all the tempest? And just by an "executive decision" of a president of one country. It wasn't even by an act of Congress which was the body supposedly in charge of money.. Indeed the Federal Reserve's existence itself is against the U.S. Constitution. And if France was really "independent", that her leadership was looking out for the best interest of the French people. Why then did France also suffer from hyperinflation in that era of the 1970's? ..right along with every other "independent" or mostly independent countries. When as indeed you say professor it wasn't because of the "oil price shock". And that it was long before there was an ECB, when European countries still had "independent" Central Banks.
Great comment. Harry Dexter White changed the generic "gold denominated currency" to the "US Dollar" without J M Keynes approval apparently, a bit of a sly move by someone who was also passing information to the Russians. Michael Hudson's Super Imperialism is a great book on this history.
@@_tgwilson_ Keynes is part of the lies, he changes his stance on economic "theories" as it suits the need for the hoodwink to work. For instance he had to know banks are money creators in a fiat currency system and yet he's gone with the flow to obfuscate that.
Keynes is part of the lies, he changes his stance on economic "theories" as it suits the need for the hoodwink to work. For instance he had to know banks are money creators in a fiat currency system and yet he's gone with the flow to obfuscate that.
First you have Currency Wars, followed by Trade Wars, ending in Real Wars. The path we are on is clear. Very soon we will have trade embargos and price fixing, and in some years the current regional conflicts will escalate into something much bigger.
For example, it was a certain Warburg traveling from Germany who famously initiated and spearheaded the very creation of The Fed. The arguably most powerful member of the current US cabinet is the son of the head of the Warburg-Pincus global equity firm. How do you purport to know where decisions in the intl central-banking cabal originate (e.g., BIS, Fed Reserve, etc.) when that decision structure is almost completely opaque and international at its foundation?
PER CAPITA INCOME Is an accountancy measurement and not an economy measurement as it does not contain ENVIORNMENT COST SOCIAL COST CULTURAL COST ALL FIAT CURRENCIES ENTROPICALLY IRRELEVANT only economics possible is STEADY STATE ECONOMY
werner has said before that money creation should only be done for productive business...so creating SDRs for the ukraine war and for medical injections isnt the ideal way of expanding the money supply
@@phaethon3124 I didn't know they used it on the latter. These programs are basically taxation schemes, mining revenue from nation states in a stealth way that most people dont sense
@@belleSally he studied in England and received his degrees from British Universities, i think he may even live there now? 🤷 I don't hear his accent as particularly British but definitely influenced by British diction, his inflection is different though and somewhat unique.. but personally i like his manner of speaking, which is very clear and well enunciated.
@@benjaminguilatcoiv people don't lose their original accents in adulthood. So going to college as an adult in England won't give you a British accent.
@@belleSally people can be different and that can include how they speak a second language. I'm from the Philippines, on a visit to Australia a man was surprised by how i speak and my accent because he would've already encountered many other foreigners and immigrants including Filipinos so he knows their usual accent. I'm not surprised that Dr Werner has an unusual accent.. Somehow it just goes with his readiness to think differently from the conventional manner of the flock of "economists" who are wrong on almost everything.
Thank you Dr. Werner for being a lighthouse of vital knowledge and Truth.
It never ceases to amaze me the history I learn from Mr. Werner's videos
Valuable truth from Prof Werner as always.
The fed telling the bank of Japan to keep the yen weak😂..then Americans hating on Russia ,north Korea,an other independent nations for keeping away from Americas negative influences
Professor Werner seems to be an unusually awake and aware economics professor. Very refreshing. "Princes of The Yen" has been on my "to read" list for some years now.
So good to hear Werner! 💝👍
This was excellent!
We were blind, you led us into light Richard Werner .
With my tribe, we’re so grateful to be following your channel .
Thank you .
What is the lowest Australian dollar to dollars in history?
The lowest Australian dollar to US dollars rate was on April 22, 2024 when 1 Australian dollar was worth 0.6426 US dollar.
i love you professor ❤ god bless you for all the work
a legend in the making
When Werner talks I listen
yes I did enjoy this, thanks Prof.
I already thought the Clip was taking down due to violating national "security issues" 😱🔥😙
Servus, ich grüße Sie herzlich ❣️ von hier aus Ochsenfurt am Main, Mainfranken.
Prof. Werner #pluralecon needs U 🫶👋 was halten Sie heute noch vom Netzwerk für plurale Ökonomik e.V.??
I think it's just that the original comments disappeared idk why? So i just reposted an earlier comment
The weaponization of the US dollar and the U.S. dominated trading system might have scared nations into self protective behavior, don’t you think?
Great video. Looking forward to see what will be the next US tool for dominion
Dr Werner is peerless in his analysis - his research connects the dots of seemingly disparate events and policies that others uncover without understanding the larger geopolitical context.
I. Am. Obsessed. With. This. Guy.
Great video. Thank you Mister Werner
Very very eye opening. Vielen Dank !
please Mr. Werner get in contact with Anthony Migchels to discuss interest banking and the florijn would be some of the best content ever
Amazing!
Very interesting article, I wonder how the Petrodollar deal fits into the global Eurodollar system that already existed at that point?
Dont understand.
Eurodollar system, never heard about it.
The european currencies had only a small part of the world currency reserve.
Do you mean, what's called a dollar derivate currency, where the european countries
could only issue additional money, when they payed a price to the US,
in stupid words, because I dont know nearly anything about the matter.
Eurodollar system is everything you need to know about how this mess was perpetuated
@@thomaspaulson579 Where can I find it?
AI Chat DuckDuck-Go Liama3:
The Eurodollar system!
The Eurodollar system refers to a global network of US dollar-denominated bank deposits held outside the United States. These deposits are not subject to the same regulations and reserve requirements as deposits held within the US, which allows for more flexibility and liquidity in international financial transactions.
The term "Eurodollar" was coined in the 1950s, when European banks began to hold large amounts of US dollars in their vaults. These dollars were not physically located in the US, but were instead held in European banks, hence the name "Eurodollar."
The Eurodollar system has several key features:
Offshore deposits: Eurodollars are deposits held in banks outside the US, often in countries with more lenient regulatory environments.
US dollar-denominated: Eurodollars are denominated in US dollars, making them a popular choice for international transactions.
Less regulation: Eurodollar deposits are not subject to the same reserve requirements, capital adequacy ratios, and other regulations as deposits held within the US.
More liquidity: The Eurodollar system provides a source of liquidity for international transactions, as banks can lend and borrow Eurodollars more easily than traditional US dollars.
The Eurodollar system plays a significant role in global finance, facilitating international trade, investment, and financial transactions. It's an important component of the global financial system, and its existence has contributed to the growth of international banking and finance.
Würden Sie evtl. Erwägen, einen Beitrag über die Weltweite Verflechtungen des schwarzen Adel's, den Vatikan und der Jesuiten zu bringen?
Gruß J.
This Interesting and I can understand! Lol 😂
*King Faisal; Fahad came later!
Richard, access to your substack is being blocked. They're saying the page is not secure ............
You can't make this shit up
Very interesting
At 22:19 minute mark. Was it actually king Faisal (not Fahd) who got assassinated?
Yes,i too noticed it. Admin should correct it in comments.
King Fahad wasn’t assassinated as Mr. Werner suggests 22min mark
Have been offline social media for last few months, nice to see a substack from you.. Saving money atm, but might subscribe(never subscribed to any substack ever before). Would be interesting to read your take what you think the reaction will be to this/seemingly imminent global recession, will the CBs repeat themselves as during the pandemic and create even more inflation, or will the let bubbles prick like in Japan? Best regards,
"The Prize" The Epic Quest for Oil, Money & Power. By Daniel Yergin. Released 1990, A book and a video documentary. Excellent source for the industry and its beginnings back in the 1850s. Way more interesting than the other commodities.
Are you saying that the oil crisis in the mid 1970's, which led to gasoline rationing, was orchestrated by the US imperialists? Or, is that a related but separate event?
Have you yourself been threatened Professor Werner, yourself over revealing these shocking truths?
Wow. WHO was THREATENED by the following comment?
“ We all want to save money when we do transactions.
Cutting out the rent seeking third party that has nothing to with the transaction is one good way to save money.
It is natural for trading nations to use their own currencies, rather than the USD, when America is not
Even a party to the trade.
It is cheaper.
It funded the US military, that was needed to press the others in using the US-dollar
to cut their wealth off to fund the US-military.
its a random auto-delete
Kissinger was a clever man.
Japan is almost ready to dump US treasuries. 😅
🤔Hmmm, inflation as a cover-up for... more inflation?
While this was really valuable information - for which I'm grateful - it seems that this could have been conveyed in 5 minutes.
That drama with France demanding gold with a warship and all that.. i don't think it's about the French leadership being "independent". That they were just doing what's best for their people. Because with the Bretton Woods agreement wasn't the effective outcome, with every other nation's currency being tied to the US 💵.. was that everyone's money, including France, the world essentially turned to fiat currency❗️ Now doesn't it look like that was indeed the desired outcome of all the tempest? And just by an "executive decision" of a president of one country. It wasn't even by an act of Congress which was the body supposedly in charge of money.. Indeed the Federal Reserve's existence itself is against the U.S. Constitution.
And if France was really "independent", that her leadership was looking out for the best interest of the French people. Why then did France also suffer from hyperinflation in that era of the 1970's? ..right along with every other "independent" or mostly independent countries. When as indeed you say professor it wasn't because of the "oil price shock". And that it was long before there was an ECB, when European countries still had "independent" Central Banks.
Great comment. Harry Dexter White changed the generic "gold denominated currency" to the "US Dollar" without J M Keynes approval apparently, a bit of a sly move by someone who was also passing information to the Russians. Michael Hudson's Super Imperialism is a great book on this history.
@@_tgwilson_ Keynes is part of the lies, he changes his stance on economic "theories" as it suits the need for the hoodwink to work. For instance he had to know banks are money creators in a fiat currency system and yet he's gone with the flow to obfuscate that.
Keynes is part of the lies, he changes his stance on economic "theories" as it suits the need for the hoodwink to work. For instance he had to know banks are money creators in a fiat currency system and yet he's gone with the flow to obfuscate that.
First you have Currency Wars, followed by Trade Wars, ending in Real Wars.
The path we are on is clear. Very soon we will have trade embargos and price fixing, and in some years the current regional conflicts will escalate into something much bigger.
If you spend 50 years building a state up and it worked wonderfully, you don't just give that up
For example, it was a certain Warburg traveling from Germany who famously initiated and spearheaded the very creation of The Fed. The arguably most powerful member of the current US cabinet is the son of the head of the Warburg-Pincus global equity firm. How do you purport to know where decisions in the intl central-banking cabal originate (e.g., BIS, Fed Reserve, etc.) when that decision structure is almost completely opaque and international at its foundation?
Prof. Werner,
why Saudi owns only little amount in Us bonds, something around 136 billions?
Tried 3 emails, why i am not able to subscribe to your WERNER's Economics. Is the link broken??
Genius.
PER CAPITA INCOME
Is an accountancy measurement and not an economy measurement as it does not contain
ENVIORNMENT COST
SOCIAL COST
CULTURAL COST
ALL FIAT CURRENCIES ENTROPICALLY IRRELEVANT
only economics possible is
STEADY STATE ECONOMY
Not King Fahad but King Faisal...King Fahad became king after king Faisal's successor who was king Khalid.
Richard will you share analysis on the progress of the SDR?
werner has said before that money creation should only be done for productive business...so creating SDRs for the ukraine war and for medical injections isnt the ideal way of expanding the money supply
@@phaethon3124 I didn't know they used it on the latter. These programs are basically taxation schemes, mining revenue from nation states in a stealth way that most people dont sense
@@phaethon3124 apparently im not allowed to say anymore here
@@lachlanscanlan5621 comments about the 2020 health scare disappear off this platform even if you swap out letters for numbers and symbols
In minute 15 you meant israel 73 not 67 .. right?
✨🌞👍💛🌎 🙏✨.
Ok, the story is interesting and known, but why and how you jump to those final conclusions, offering no link?
10:38
i think you mean king Faisal, not Fahd.
Did I understand right that at the beginning you ask your viewers to subscribe to your website? That's rich. I just decided to ditch your clip.
Why does this guy speak with a British accent if he is German. That's weird
@@belleSally he studied in England and received his degrees from British Universities, i think he may even live there now? 🤷 I don't hear his accent as particularly British but definitely influenced by British diction, his inflection is different though and somewhat unique.. but personally i like his manner of speaking, which is very clear and well enunciated.
@@benjaminguilatcoiv people don't lose their original accents in adulthood. So going to college as an adult in England won't give you a British accent.
@@belleSally read my comment again because i'm not saying that's what he has
@@benjaminguilatcoiv I read what you wrote. he should have a German accent, and he doesn't.
@@belleSally people can be different and that can include how they speak a second language. I'm from the Philippines, on a visit to Australia a man was surprised by how i speak and my accent because he would've already encountered many other foreigners and immigrants including Filipinos so he knows their usual accent. I'm not surprised that Dr Werner has an unusual accent.. Somehow it just goes with his readiness to think differently from the conventional manner of the flock of "economists" who are wrong on almost everything.
@MilkshakesPod you should watch this, throws your Dollar Milkshake out of the window 🪟
@GeorgeGammon