Audience Questions for Richard Werner, Larry Kotlikoff, William White and William Dunkelberg

The Monetary Institute's "Our Money, Our Banks, Our Country - Money Creation in the Modern Economy" conference was held in Zurich, Switzerland on February 5, 2018.
The panelists for the Current Monetary System part of the conference, Richard Werner, Chair in International Banking, University of Southampton, England, Larry Kotlikoff, Professor of Economics, Boston University, former Senior. Economist, US President’s Council of Economic Advisers, William White, former Chief Economist, Bank for International Settlements, and William Dunkelberg, Chief Economist, National Federation of Independent Business, former Chair, Economics Department., Temple University fielded audience questions relating to money creation in the current monetary system.

[@Tactical_Manatee]

I want to see a panel with Richard Werner, Steve Keen, Warren Mosler, and Michael Hudson.

[@GavinLawrence747]

agree 100%
finished "killing the host" recently. the chapter on Greece and the ecb is particularly illuminating. I think Richard Werner is working on a new edition of his book, which is great news.

[@mikealviar2813]

20:45-55 Mr. Kotlikoff: Mutual Funds are small banks (intermediaries) STATEMENT vs. Dr. Werner's earlier exposition of how banks create the money supply. Question 1: When a bank makes a loan, when is it cancelled? Answer: Repayment (less often) or Refinancing (more often)! Question 2: How are PRIVATE SAVINGS created by the Banking Sector? (Versus the Government Sector-which is already MMT-known) Question 3: How do Private Savings end up in Mutual Funds (and the like Collective investment Vehicles, et. al.)? I have no answers for these.

[@mikealviar2813]

Perry Mehrling Warsaw Lecture Series w SGH. Wykład „Why is money difficult” 59:00 to 1:10:00 or Shadow Banking (Capital Market Lending with Money Market Funding) a possible answer here perhaps?

[@user-pd8bk4ei1h]

I dont need a business PHD to know what the world needs to do what it has always done about FIAT money = RESET TO GOLD = @ $200,000 current FIAT / 1 oz GOLD....