Welcome all to the home of sound science. And the interview I have for you today is packed with

incredible information. I promise you, you will not believe it. And I put it in the top three

most important interviews I've ever conducted. Professor Desmet, Professor Nordengurd,

and now Professor Richard Werner. And he is a PhD in economics from Oxford

University multiple other achievements and he worked with the Bank of Japan and the Japanese

government back in the 90s and he created the concept of quantitative easing QE1 and QE2, which went on to have huge impacts on the world.

So it's incredible information. Please do share with people so they can understand how the world works from central banking through to inflation creation.

And it all has a huge effect on ordinary people.

I can tell you that.

We also covered the CBDCs, Central Bank Digital Currencies.

And just before we sit down with Professor Werner, I'm going to show you a short clip from the head of the Bank of International Settlements, which is the central

bank of central banks, the most important structure in our world. And just listen to this guy

and what he says about the upcoming CBDCs and what they're all about.

Our analysis on CBDC in particular for the use of general, to the general use,

we tend to establish the equivalence with cash.

And there is a huge difference there.

For example, in cash, we don't know, for example, who is using a $100 bill today.

We don't know who is using a $1,000 bill today.

A key difference with the CBDC is that central bank will have absolute control on the rules and regulations

that will determine the use of that expression

of central band liability.

And also we will have the technology to enforce that.

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