Professor Richard A. Werner

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Professor Richard A. Werner

Professor Richard A. Werner

@ProfessorWerner

Nikkei 2-9-1995: Richard A. Werner: 'Quantitative Easing to Create Recovery'. Book: Princes of the Yen https://t.co/weWUfm3AWK. See https://t.co/eE0p0vpJkB

views expressed are mine alone Katılım Ağustos 2020
1.3K Takip Edilen36.3K Takipçiler
QINTELPRO
QINTELPRO@QINTELPRO_·
On September 10, 2001, Secretary of Defense Donald Rumsfeld held a press conference at the Pentagon and announced that the Department of Defense could not track $2.3 trillion in financial transactions. “According to some estimates, we cannot track $2.3 trillion in transactions,” Rumsfeld stated. “We cannot share information from floor to floor in this building because it’s stored on dozens of technological systems that are inaccessible or incompatible.” The next morning, American Airlines Flight 77 struck the Pentagon — specifically the section housing the Defense Finance and Accounting Service offices and the Army’s financial management offices. The offices investigating the missing $2.3 trillion were destroyed. 39 of the 40 people killed in that section of the Pentagon were civilian accountants, bookkeepers, and budget analysts. The $2.3 trillion announcement was buried by the next day’s events. No follow-up investigation was ever completed. $2.3 trillion. Announced the day before. The offices investigating it destroyed. The accountants killed. The story buried.
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Professor Richard A. Werner
Professor Richard A. Werner@ProfessorWerner·
@GFreiNews @traian05591663 Zeitlich ging es genau dann los, da die EZB im Jahre 2002 eine Rezession in Deutschland inszenierte: Kreditklemme für den Mittelstand. Die EZB hatte das wichtige & erfolgreiche geldpol. Instrument der Wechsel-Rediskontierung einfach abgeschafft, trotz Widerspruch der Bundesbank
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GFrei.News
GFrei.News@GFreiNews·
Viele fragen sich: Ab wann begann der Abstieg Deutschlands? Die bessere Frage ist: Ab wann hörte Deutschland auf, großartig zu sein? Wer in den 80ern und 90ern aufgewachsen ist, erinnert sich, dass damals Deutschland in fast allem Weltspitze war. Waren wir in irgendetwas auf Platz 2, egal was, berichtete die Bild-Zeitung das als Skandal und die Regierung musste Antwort stehen. Das war die Zeit Kohls, Strauß’ und Stoibers. Gerade Stoiber war ein echter Patriot und arbeitete tatsächlich hart am Aufstieg seines Bundeslandes mit großem Erfolg. Und Bayern blühte auf unter seiner Regentschaft, wurde massiv modernisiert, wurde zum reichsten Bundesland und hatte einen ausgeglichenen Haushalt. Das hatte er auch für Deutschland vor und trat am 22. September 2002 gegen Gerhard Schröder in der Bundestagswahl an. Vor der Wahl gab es eine massive Kampagne gegen Stoiber. Aktenfresser nannten ihn die anderen Politiker spöttisch, obwohl das bedeutete, dass er hart arbeitete. Die Medien verhöhnten ihn als bayerischen Hinterwäldler, obwohl er der erfolgreichste Ministerpräsident Deutschlands war. Und man machte sich über ihn lustig, weil er sich manchmal vor Aufregung über den Aufstieg und den technologischen Fortschritt in Bayern vor dem Mikrofon verhaspelte. Trotzdem gewann Schröder nur haarscharf bei genau gleichem Wahlergebnis durch Überhangmandate. Stoiber war ein hart arbeitender Patriot, der Deutschland auf Erfolgskurs bringen wollte, so wie er das zuvor mit Bayern gemacht hat. Stattdessen bekamen wir den Lila-Laune-Kanzler, der zusammen mit dem grünen Antifa-Außenminister auf der Presse spielte wie auf einem Klavier, während Deutschland in die Stagnation abdriftete, weil niemand mehr etwas für Deutschland tat: keine Investitionen in Infrastruktur, keine kooperative Außenpolitik, keine Stützung der Wirtschaft und des Bauernstandes. Als nach sieben Jahren die Regierung Schröder/Fischer kollabierte, war Deutschland in gar nichts mehr auf dem ersten Platz. Hätte Stoiber damals gewonnen, sähe unser Land heute ganz anders aus. Unser Land wäre mit Transrapid-Magnetschwebebahnen und durchgehender Modernisierung eines der technologisch führenden Länder der Welt und eine Masseneinwanderung die schon mit Schröder begann, hätte es unter dem bayerischen Patrioten nie gegeben.
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Professor Richard A. Werner
Professor Richard A. Werner@ProfessorWerner·
Dazu kommt allerdings auch die Abschaffung der europäischen Währung D-Mark und Einführung der Fremdwährung Euro. Dies wurde 1992 mit dem Maastricht Vertrag unterschrieben mit dem Fahrplan es zehn Jahre später umzusetzen. So geschah es & eine der größten deutschen Erfolge war weg.
GFrei.News@GFreiNews

Viele fragen sich: Ab wann begann der Abstieg Deutschlands? Die bessere Frage ist: Ab wann hörte Deutschland auf, großartig zu sein? Wer in den 80ern und 90ern aufgewachsen ist, erinnert sich, dass damals Deutschland in fast allem Weltspitze war. Waren wir in irgendetwas auf Platz 2, egal was, berichtete die Bild-Zeitung das als Skandal und die Regierung musste Antwort stehen. Das war die Zeit Kohls, Strauß’ und Stoibers. Gerade Stoiber war ein echter Patriot und arbeitete tatsächlich hart am Aufstieg seines Bundeslandes mit großem Erfolg. Und Bayern blühte auf unter seiner Regentschaft, wurde massiv modernisiert, wurde zum reichsten Bundesland und hatte einen ausgeglichenen Haushalt. Das hatte er auch für Deutschland vor und trat am 22. September 2002 gegen Gerhard Schröder in der Bundestagswahl an. Vor der Wahl gab es eine massive Kampagne gegen Stoiber. Aktenfresser nannten ihn die anderen Politiker spöttisch, obwohl das bedeutete, dass er hart arbeitete. Die Medien verhöhnten ihn als bayerischen Hinterwäldler, obwohl er der erfolgreichste Ministerpräsident Deutschlands war. Und man machte sich über ihn lustig, weil er sich manchmal vor Aufregung über den Aufstieg und den technologischen Fortschritt in Bayern vor dem Mikrofon verhaspelte. Trotzdem gewann Schröder nur haarscharf bei genau gleichem Wahlergebnis durch Überhangmandate. Stoiber war ein hart arbeitender Patriot, der Deutschland auf Erfolgskurs bringen wollte, so wie er das zuvor mit Bayern gemacht hat. Stattdessen bekamen wir den Lila-Laune-Kanzler, der zusammen mit dem grünen Antifa-Außenminister auf der Presse spielte wie auf einem Klavier, während Deutschland in die Stagnation abdriftete, weil niemand mehr etwas für Deutschland tat: keine Investitionen in Infrastruktur, keine kooperative Außenpolitik, keine Stützung der Wirtschaft und des Bauernstandes. Als nach sieben Jahren die Regierung Schröder/Fischer kollabierte, war Deutschland in gar nichts mehr auf dem ersten Platz. Hätte Stoiber damals gewonnen, sähe unser Land heute ganz anders aus. Unser Land wäre mit Transrapid-Magnetschwebebahnen und durchgehender Modernisierung eines der technologisch führenden Länder der Welt und eine Masseneinwanderung die schon mit Schröder begann, hätte es unter dem bayerischen Patrioten nie gegeben.

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Jack
Jack@jackcoder0·
Two economists just published a mathematical proof that AI will destroy the economy. Not might. Not could. Will — if nothing changes. The paper is called "The AI Layoff Trap." Published March 2, 2026. Wharton School, University of Pennsylvania. Boston University. Peer reviewed. Mathematically modeled. The conclusion is one sentence. "At the limit, firms automate their way to boundless productivity and zero demand." An economy that produces everything. And sells it to nobody. Here is how you get there. A company fires 500 workers and replaces them with AI. A competitor fires 700 to keep up. Another fires 1,000. Every company is behaving rationally. Every company is following the incentives correctly. And every company is building a trap for itself. Because the workers who were fired were also customers. When they lose their jobs faster than the economy can absorb them, they stop spending. Consumer demand falls. Companies respond by cutting costs — which means automating more workers — which means less spending — which means more falling demand — which means more automation. The loop has no natural exit. The researchers tested every proposed solution. Universal basic income. Capital income taxes. Worker equity participation. Upskilling programs. Corporate coordination agreements. Every single one failed in the model. The only intervention that worked: a Pigouvian automation tax — a per-task levy charged every time a company replaces a human with AI, forcing them to price in the demand they are destroying before they pull the trigger. No government has implemented this. No major economy is seriously discussing it. Meanwhile the numbers are already tracking the curve. 100,000 tech workers laid off in 2025. 92,000 more in the first months of 2026. Jack Dorsey fired half of Block's workforce and said publicly: "Within the next year, the majority of companies will reach the same conclusion." Nobody is doing anything wrong. Companies are following their incentives perfectly. That is exactly the problem. Rational behavior. At scale. Simultaneously. With no mechanism to stop it. Two economists built the math. The math leads to one place. Source: Falk & Tsoukalas · Wharton School + Boston University ·
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Professor Richard A. Werner
Professor Richard A. Werner@ProfessorWerner·
US company Palantir got caught doing what its CEO Alex Karp said it was doing - killing. But this time in Russia.
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Executive Mayor: @CityofJoburgZA
The City of Johannesburg recently reached a major milestone in rebuilding and modernising our electricity network through the conclusion of a R3.8 billion concessional loan agreement with KfW, Germany’s state-owned development bank. This investment is one of the largest development finance facilities ever extended to a South African municipality and forms a critical part of our long-term financial recovery and infrastructure turnaround strategy. The funding will enable City Power to accelerate network refurbishment, modernisation, metering upgrades and renewable energy initiatives while strengthening energy security for residents and businesses. Importantly, the loan is fully rand-denominated, carries a fixed concessional interest rate, requires no City assets as collateral, and includes a five-year grace period before repayments begin. These exceptional terms provide Johannesburg with the space to invest in infrastructure today while safeguarding financial sustainability for the future. #joburgupdates #ReimaginingJoburg #JoburgServices #EnergySecurity #InfrastructureDevelopment #GrowingJoburgTogether
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Professor Richard A. Werner
Professor Richard A. Werner@ProfessorWerner·
@CiprianC15 Good for the Abbott that he's not giving in to lawfare and intimidation and is standing by his monastery and his Christian duties. An unjust order needs to be resisted is the lesson from Nazi Germany. Interesting that you take the opposite view.
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Ciprian
Ciprian@CiprianC15·
@ProfessorWerner The "territories" that you are talking about were randomly "assigned" by Hitler to Hungary during the last WW. The Abbot had ignored the evection order and chose to stay illegaly.
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Professor Richard A. Werner
Professor Richard A. Werner@ProfessorWerner·
@MarioNawfal Easy. It's standard CIA business practice to fake CVs and invent cover jobs. He was acting like an agent from the get go.
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Mario Nawfal
Mario Nawfal@MarioNawfal·
🇺🇸 A CIA officer got caught with $40 million in gold bars at home. David Rush had a Top-Secret clearance, a senior management position at the CIA, and apparently a very interesting storage situation. Federal agents raided his house last week and walked out with 300 gold bars worth over $40 million, $2 million in cash, and 35 luxury watches, mostly Rolexes. His explanation for the gold? "Work-related expenses." It gets wilder. The man spent nearly 20 years lying about his entire background, fake degrees, a Navy pilot career that never happened, none of it was real. He applied to the CIA three times before finally getting in, adding more fake credentials each time until something stuck. The CIA caught him through an internal investigation and handed it to the FBI. The real question nobody wants to answer is how someone with a completely fabricated resume held Top-Secret clearance for two decades without anyone noticing. Source: NBC NEWS
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Professor Richard A. Werner
Professor Richard A. Werner@ProfessorWerner·
@Handre Friedrich List showed that Venice did engage in industrial/trade policy, namely navigation laws and import tariffs to encourage the right trade pattern of importing low value added raw materials and exporting high value added goods
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Handre
Handre@Handre·
Venice built the greatest commercial empire in European history without a central bank, without industrial policy, and without a single economic development agency. While Byzantine bureaucrats strangled Constantinople with regulations and Frankish kings debased their currencies, Venetian merchants created wealth through voluntary exchange and sound money. The lagoon dwellers who fled Attila's hordes in 452 AD had nothing but salt marshes and fish. No natural resources. No agricultural surplus. No inherited infrastructure. What they possessed was something far more valuable: distance from the coercive apparatus of mainland states. This geographic accident forced them to survive through trade rather than taxation, commerce rather than conquest. Venice's constitution deliberately fragmented power to prevent any single authority from controlling trade. The Doge held ceremonial functions while competing merchant families checked each other's ambitions. No guild could monopolize an industry without rivals organizing alternative trading networks. When the state tried to restrict private commerce in 1297 with the Serrata del Maggior Consiglio, it marked the beginning of Venice's decline, not its peak. The Venetian ducat maintained its gold content for over 500 years while every other European currency suffered debasement. Merchants could calculate profits across decades, plan investments across generations, and accumulate capital without worrying about monetary manipulation. Compare this to England, where Henry VIII cut silver content by 83% in just 20 years. Voluntary association and sound money create abundance. Coercion creates poverty. Venice proved this. The same economic laws that enriched Venetian merchants still operate today, waiting for governments brave enough to get out of the way.
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James Melville 🚜
James Melville 🚜@JamesMelville·
A disturbing prophecy of the future - with AI data centres acting as central hubs for digital control over the population.
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Professor Richard A. Werner retweetledi
Lisa Senise
Lisa Senise@LisaSenise2·
@scientificecon It's everything you said @scientificecon. ADD: serious health hazards. 👇 Long list...here are a few. 👇 There are already cases in communities near data centers...with contaminated water. These people R at higher risk of cancer & other life threatening diseases.
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RT
RT@RT_com·
Data centers being built to ‘MICROMANAGE population through new financial world order’ ‘Your money won’t work outside certain zone’ ‘AI really about CONTROL over your liquid assets’
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Professor Richard A. Werner
Professor Richard A. Werner@ProfessorWerner·
A good case in point why we must reject the central planners' intention to reduce the number of banks by getting rid of small local banks & why we must constantly create new small banks. Indeed we need to abolish the bank licensing process & adopt a simple registration system
Handre@Handre

While Romanian families shivered in unheated apartments and waited hours for meager bread rations, Nicolae Ceaușescu built himself a 1,100-room palace that consumed $3 billion of his nation's wealth. The Casa Poporului stands today as a monument to the inevitable outcome when central planners face zero market constraints on their appetites. Ceaușescu's palace contains 12 stories above ground, spreads across 365,000 square meters, and required 20,000 workers laboring in shifts around the clock. He demolished entire historic neighborhoods of Bucharest to clear space for his architectural ego trip. Meanwhile, his citizens endured bread queues, rolling blackouts, and heating restrictions so severe that hospitals couldn't maintain proper temperatures. The dictator diverted the nation's resources toward marble, crystal chandeliers, and gold leaf while his people literally froze. Without market prices to signal genuine demand or profit-and-loss mechanisms to punish waste, political authorities inevitably channel resources toward projects that serve their personal preferences rather than human needs. Ceaușescu faced no competitors, no angry shareholders, no bankruptcy risk. He simply commanded the nation's productive capacity to serve his grandiose vision. The palace required 3,500 tons of crystal, 480 chandeliers, 1,409 ceiling lights, and 700,000 tons of steel and bronze. Every ton of material that went into those ornate rooms represented food, medicine, fuel, or housing that never reached Romanian families. The arithmetic is brutal but simple: centralized control means resources flow toward political vanity projects rather than genuine human priorities. The building still stands, largely empty, costing millions annually just to maintain its unused splendor.

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