The Case for Abundance - Failed Promises of Economics & the Path to a Successful Economy
Why do economists misunderstand inflation? Do interest rates actually work? How did China create the most successful economy ever?
Prof. Richard Werner answers these questions, and more, as he talks through the Washington Consensus, the damaging policies of the IMF & World Bank, and the real driver of economic growth & inflation.
In this presentation, Richard explores the most important central bank policy tool in history, direct bank credit control (window guidance). Using the East Asian Economic Miracle as an example, he highlights the power of window guidance to bring about double digit economic growth without inflation and to raise economies out of recession.
⚡️ WATCH: https://rumble.com/v5jfu3x-the-case-for-abundance-failed-promises-of-economics-and-the-path-to-a-succe.html
Why do economists misunderstand inflation? Do interest rates actually work? How did China create the most successful economy ever?
Prof. Richard Werner answers these questions, and more, as he talks through the Washington Consensus, the damaging policies of the IMF & World Bank, and the real driver of economic growth & inflation.
In this presentation, Richard explores the most important central bank policy tool in history, direct bank credit control (window guidance). Using the East Asian Economic Miracle as an example, he highlights the power of window guidance to bring about double digit economic growth without inflation and to raise economies out of recession.
