Richard Werner speaking in Moscow on Central Bank Issue

Russian Academy of Sciences, Blue Room

Round table "Anti-crisis fiscal policy of the state in the interests of economic development of Russia".

The main report "To a new understanding of the function of the banking sector: the mechanism of productive credit creation and quantitative easing" was delivered by Professor Richard Werner, a leading international expert on central banks, the author of the idea of ​​"quantitative easing."

Moderator of the event - Vladimir Yakunin, President of Russian Railways.

Political Economy Research finds this presentation by Richard Werner in Moscow to be a very useful summary of dissonance between reality and bourgeois Political Economy in 21st century