Richard Werner is the inventor of the term “Quantitative Easing”, (QE). He argues that small local banks are a good way to support growth through “Quantitative Easing for local economies”. He is currently involved in starting the “Hampshire Community Bank” aimed at the local economy in Hampshire. The project provides a structure within which small banks can build a network and support innovation.
Richard Werner is Professor in macro economics at the University of Southampton, UK. He has specialised in central banking and monetary policy. In 2004 he was designated Leader of tomorrow at the alternative Davos summit meeting. His book “Princes of the Yen” (SWE:Mammons Furstar), describing the route to the financial crisis in Japan during the 1990s, became a bestseller.
You can find more information about the event in Motala here:http://motala.se/Documents/Dokument/I…