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Richard Werner Tells Tucker Carlson Wrong To View Banks As 'Intermediaries,' Says They Have 'Unique Power' That Economists Overlook

Upworthy Friday, 8 August 2025 ()
Renowned economist Richard Werner says popular textbooks miscast banks as mere middlemen and ignore their central "power to create money," an omission he claims distorts debates over credit just as the U.S. economy slows and the Federal Reserve weighs rate cuts. What Happened: "Banks are special.…
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