SORA Economic Forum 2022 keynote speaker Professor Richard Werner

The Case for Abundance: High Sustainable Growth and Prosperity Are Possible - Why Don’t We Get Them?
⚡️"If you objectively check the relationship between interest rates and growth, it’s not a negative correlation. Higher interest rates always follow economic growth, they never lead it."
⚡️"Alice and not even the queen could be good economists, it is insufficient to believe 6 impossible things before breakfast, you need to believe at least 8 all the time."
⚡️"The theory of Equilibrium does not apply to planet earth."
⚡️"Banks do not take deposits, they are the creators of money."
⚡️"Central banks forced banks to expand consumer credit and credit creation resulting in a big boost to prices, this is where inflation comes from."
⚡️"Economics became the first scientific discipline that was controlled to have one mainstream view."
⚡️"We need to work against the concentration of power through decentralization."
⚡️"As a general rule do the opposite of what they say."
- Professor Richard Werner
Professor Richard Werner discusses what all humans intuitively often wondered, but none seem to have solved in a way that we can all agree upon, at least not in our times.
Followed by Q&A with Dr Makoto Takemiya.
🔗 Learn more / follow SORA:
🔺 SORA : sora.org
🔺 SORA Card : soracard.com
🔺 SORA Economic Forum : soranomics.com
🔺 SORA Twitter : / sora_xor
🔺 SORA Telegram : t.me/sora_xor
🔺 SORA Medium : / sora
💧 Polkaswap : polkaswap.io
💧 Polkaswap Twitter : / polkaswap
💧 Polkaswap Telegram : t.me/polkaswap
💧 Polkaswap Medium : / polkaswap
#StepIntoTheEconomicFuture