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(LifeSiteNews) — World-renowned economist Richard Werner recently told Tucker Carlson that funding wars is a major purpose of central banks, including the Bank of England and the U.S. Federal Reserve.
“Central banking and warfare are very closely linked,” said Werner, a bestselling author, during an extensive interview with Carlson on the harm of modern banking practices. He cited two of the world’s most prominent central banks as examples: the central bank of England and that of the U.S.
Werner pointed out that the Bank of England, the world’s second-oldest central bank, was established in order to lend money to the government to wage war, as is stated in its founding document. Indeed, the Bank of England Act of 1694 refers to funds needed to continue “war against France.” The plan was reportedly not “well received” in part because an “immediate peace” was expected after the most recent battles of the Nine Years’ War, during which the British Royal Navy was defeated by the French Navy.
Werner told Carlson that the players behind the current U.S. central bank – the so-called Federal Reserve – had similar aspirations, and suggested it was not a coincidence that there was a “rush” to establish the Federal Reserve by 1914. The Federal Reserve was established on December 23, 1913, and the First World War broke out about seven months later.