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\u201cBanking is slightly illegal,\u201d says world-renowned economist Richard Werner, who is leading the charge against CBDCs. In this episode of "The Glenn Beck Podcast," Richard teaches Glenn that \u201cbanks don\u2019t take deposits, and banks don\u2019t lend money.\u201d That begs the question, \u201cWhat do banks actually do?\u201d This discussion may make you realize that all you think you know about money is wrong. That\u2019s not all we don\u2019t know about the economy. We also have no clue which banks make up the Federal Reserve, who created Bitcoin, or the real relationship between inflation and interest rates. But we do know that COVID-19 revealed a global concentration of power and probably paved the way for the tool dictators of old could have only dreamt of: CBDC. Before the appeal of Universal Basic Income lures you into implanting a chip under your skin, it may be time to consider whether or not America should follow the China-inspired path to one central bank. Perhaps, it\u2019s time to consider what Glenn says about the central planners of our economy: \u201cYou\u2019re in Vegas, and the house always wins.\u201d\n\nLearn more about Richard Werner and his book\xa0Princes of the Yen:\nhttps://richardwerner.org/book/\n\nSponsors:\n\nRelief Factor\nRelief Factor: See how Relief Factor can help you get out of pain. The three week quick start is only $19.95 and comes with Relief Factor\u2019s \u201cFeel better or your money back\u201d guarantee. Visit\xa0https://www.relieffactor.com\xa0or call 1-800-4-RELIEF.\xa0\nLearn more about your ad choices. Visit megaphone.fm/adchoices