{"podcast":{"title":"The Liz Truss Show","slug":"the-liz-truss-show-7617256","podcast_index_feed_id":7617256,"rss_url":"https://rss.art19.com/the-liz-truss-show","website_url":"https://art19.com/shows/the-liz-truss-show","image_url":"https://content.production.cdn.art19.com/images/d1/a7/2d/56/d1a72d56-02fe-4431-bb5b-8d572846224b/3938926be30443b3b99f64d771b168a63d801168d5d23db2cdf28c7479417b019e66a694dabdb1b36e694ff3939eb39afb9469b08c7a54d78f3315e6e13b7dd4.jpeg","author":"Just the News","episode_count":89,"summary":"The Liz Truss Show brings unapologetic debate, fierce defence of Western values, and straight-talking discussions about the future of Britain and the free world. From the free speech crisis and economic stagnation to mass migration, global instability, and the cultural battles reshaping the West, this show confronts the issues that others tiptoe around.","last_synced_at":"2026-06-30T08:19:46.851022+00:00","page_url":"https://stenobird.com/podcast/the-liz-truss-show-7617256"},"episode":{"title":"Richard Werner: I Invented Quantitative Easing — And Governments Got It Wrong","slug":"richard-werner-i-invented-quantitative-easing-and-governments-got-it-wrong","published_at":"2026-06-24T19:00:00+00:00","page_url":"https://stenobird.com/podcast/the-liz-truss-show-7617256/richard-werner-i-invented-quantitative-easing-and-governments-got-it-wrong","show_page_url":"https://stenobird.com/podcast/the-liz-truss-show-7617256","url":"https://rss.art19.com/episodes/60cfce21-331a-4009-b120-bc6acfa0d936.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0","audio_url":"https://rss.art19.com/episodes/60cfce21-331a-4009-b120-bc6acfa0d936.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0","summary":"Professor Richard Werner joins Liz Truss to explain the origins of quantitative easing, why he created the concept, and how central banks transformed it into something very different. Drawing on his experience as Chief Economist in Japan during the country's asset bubble and crash, Werner explains how banks create money, why property booms occur, what causes inflation, and why many governments misunderstand how economies really function. The discussion covers Japan's lost decades, Britain's housing market, banking reform, central bank policy, economic growth, inflation, credit creation, and the future of Western economies. If you want to understand how money is created, why house prices keep rising, and why economic crises seem to repeat themselves, this is a conversation you won't want to miss. Topics Covered: Quantitative Easing (QE) How banks create money Inflation and monetary policy Britain's housing market Japan's economic crash Asset bubbles Central banking Economic growth Credit creation Banking reform Follow Liz Truss Subscribe for interviews, analysis and discussion on politics, economics, free markets, international affairs and the future of Britain. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .","meta_description":"Professor Richard Werner joins Liz Truss to explain the origins of quantitative easing, why he created the concept, and how central banks transformed it i…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2667,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-liz-truss-show-7617256/episodes/richard-werner-i-invented-quantitative-easing-and-governments-got-it-wrong/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-liz-truss-show-7617256/richard-werner-i-invented-quantitative-easing-and-governments-got-it-wrong.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}