In part 1 of the video, Dr. Pascal Lottaz, a fellow YouTuber at Neutrality Studies ( @neutralitystudies ) explores the controversial history of the central bankers' bank, the Bank for International Settlements, went from being able to fund Germany during WWII to developing the framework for Central Bank Digital Currencies. Follow Dr. Lottaz's excellent channel on geopolitics - https://www.youtube.com/@neutralitystudies Dr. Lottaz on X (formerly Twitter) - https://twitter.com/PLottaz 🌐 Content: ▪️Substack - https://lenapetrova.substack.com/ ▪️Lena Petrova: Rumble: https://rumble.com/c/LenaPetrova YouTube: https://www.youtube.com/@lenapetrova ▪️Lena Petrova, CPA - Business/ Tax/ Finance: Rumble: https://rumble.com/c/LenaPetrovaCPA Youtube https://www.youtube.com/@lenapetrovaCPA 📍Connect: ▪️Locals: https://lenapetrova.locals.com/ ▪️X: https://twitter.com/Lena_PetrovaOnX ▪️Telegram: https://t.me/reallenapetrova ✅ Support: ▪️PayPal: https://paypal.me/LenaPetrovaChannel ▪️Buy me a coffee: https://ko-fi.com/lenapetrova ▪️Shop: https://lenapetrovacpa.myspreadshop.com/ 📣 Promos & Recommendations: ▪️ExpressVPN - Protect your internet privacy & get 3 months FREE: https://www.expressvpn.com/lena ▪️IncFile - Register your business & Receive 1 year of FREE registered agent service: https://shareasale.com/r.cfm?b=1739443&u=2891491&m=53954&urllink=&afftrack= ▪️Starting a business? You need a virtual address with IncFile: https://shareasale.com/r.cfm?b=2317452&u=2891491&m=53954&urllink=&afftrack= ▪️Gusto - Get $100 by signing up for THE BEST payroll provider: https://gusto.com/r/olena157 ▪️Novo Free Business Banking - novo.pxf.io/rnWWJQ ▪️Melio - Small business vendor/ expense payment automation: https://melio.grsm.io/lenapetrova Disclamer: The information provided on this channel should not be construed or relied on as professional advice for any specific fact or circumstance. This channel and its content are designed for entertainment and information purposes only. The content available is created to provide a general overview of a topic and is not a substitute for professional services. Always seek the advice of a finance or a legal professional that would take into account your specific circumstances. Opinions expressed are solely my own. Only publicly available information has been used.

Join Marty as he sits down with Alex Gladstein to discuss how the IMF and World Bank harness debt to funnel resources from poor nations to rich ones. Alex's article on Bitcoin Magazine: https://bitcoinmagazine.com/culture/imf-world-bank-repress-poor-countries Alex's Essays: https://alexgladstein.com/ Alex Gladstein at HRF: https://hrf.org/team/alex-gladstein/ 5:26 - In town for SXSW talking about CFA franc 10:06 - Colonial exploitation 17:21 - Transfer of control of energy 19:51 - Outsourcing the cost 28:24 - The unrecorded losses 36:38 - Structural Adjustment 42:36 - What it could look like without the current system 49:32 - Double standard 52:51 - Bitcoin fixes this 1:01:13 - No political solution 1:04:16 - Odious debt 1:10:10 - Biological effect of wage deflation 1:12:30 - Bitcoin fixes this - again 1:20:00 - Wrapping up Shoutout to our sponsors: River https://river.com/tftc Unchained Capital https://unchained.com/concierge/ CrowdHealth https://www.joincrowdhealth.com/tftc Bitcoin Talent Co https://www.bitcointalent.co/ TFTC Merch is Available Shop Now: https://merch.tftc.io Join the TFTC Movement: Main YT Channel https://www.youtube.com/c/TFTC21/videos Clips YT Channel https://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQ Website https://tftc.io/ Twitter https://twitter.com/tftc21 Instagram https://www.instagram.com/tftc.io/ Follow Marty Bent: Twitter https://twitter.com/martybent Newsletter https://tftc.io/martys-bent/ Podcast https://tftc.io/podcasts/

Proof Banks Create Money Out Of Thin Air. Dark Secrets, Banks Don't Want You To Know - The Shocking Truth That Few Understand, and That You Were Never Meant To Know... - RICHARD WERNER: "LEGALLY, THERE IS NO SUCH THING AS A BANK DEPOSIT. IT DOES NOT EXIST" - Richard Werner Explains How He Proved Money is Created Out of Thin Air - The City of London is Ground Zero for the Creation of the Modern Day Banking System. aka Babylonian Money Magic. - The Law Stipulates: When you make a deposit into your Bank Account, THE BANK OWNS YOUR MONEY Because You Gave The Bank a Loan. - Isn't Babylonian Money Magic Great? You are NOT a Depositor of the Money you OWN, but a CREDITOR who Lends their Money to the Bank. - Yeah, NO. That is some FFFFed up shit *** Aug 24, 2022 Professor Richard Werner - Professor Richard Werner explains how commercial banks create money out of thin air. He explains the experiment he ran with a German bank to prove that the Credit Creation Theory (as opposed to the Fractional Reserve Theory or the Financial Intermediation Theory) is correct. - ***This is poorly understood by economists today and therefore means that banks are not appropriately regulated.*** - I don't share this to validate the libertarian or Bitcoiner perspective that it is therefore fraudulent. Sound money has positive and negative features. And in the same talk Werner shows that there are powerful alternatives to the Gold Standard. Germany's strong industry was supported by a de-centralised banking system with lots of small, community banks. These banks could create money out of thin-air, but rather than creating a ponzi, they lent to small businesses, the core of Germany's export economy. - This also shows that the notion that central banks, like the Federal Reserve, create money is misplaced. A Central Bank Digital Currency would mark a fundamental shift, however. - Full video: •ConversationwithProf.RichardWerner - FAIR USE FOR EDUCATIONAL PURPOSES - Mirrored From: https://www.youtube.com/@notbbcnews