PBD vs. Richard Werner - HEATED Debate on QE

Subscribe to Prof. Richard Werner's substack: https://rwerner.substack.com

Patrick slams quantitative easing and declares that it just "does not work". Werner explains that QE only works under certain conditions (a bust banking system with credit shrinking) and should not be used during an artificially created supply crisis where bank credit is increasing.

Patrick isn't convinced about the plumbing. Is Patrick right? Has he found a hole in Richard's argument or does he not have a full understanding of the system?

Watch part 1: https://rumble.com/v5o64ow-pbd-vs.-richard-werner-where-did-the-money-go.html