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Thursday, August 3, 2023

How Community Banks Can Fix The Economy


In this interview conducted at the International Science Summit 2022, Valhalla Network Chairman and best-selling author Professor Richard Werner explains why the creation of local, community banks can be part of the solution to many of our current economic woes. He explains where this model has been used successfully and how it was affected by the 2008 global financial crisis. He also answer the question: Do bank loans come from existing deposits? 

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