The Future of Money: CBDCs, Banking and Bitcoin (EARLY ADOPTER TICKET)
Sun 3 Sep 2023 1:00 PM - 7:00 PM
Edinburgh, TBC
Description
The economy is changing. Central Bank Digital Currencies loom on the horizon; the economy is suffering from high inflation and high interest rates; banks are collapsing and merging; cash is under pressure and the impact of crypto currency, like Bitcoin, is yet unknown.
How are we able to understand and then navigate what looks to be a changing and challenging future? What current trends will continue and what ones will flatten and eventually drop off?
We need good information backed by sound reasoning to help us figure all this out.
On 3rd September, Common Knowledge is very pleased to host speakers who can explain today's world and the future one taking shape.
Professor Richard Werner is a world-famous economist. The man who coined the term 'Quantitative Easing' in the 1990s when working in Japan as a researcher at the Bank of Japan. He has graduated 1st Class from LSE, a doctorate from Oxford and has studied at the Tokyo Institute. He has been Chief Economist for Jardine Fleming Securities and has sat on the board of directors for Bear Stearns. He has held numerous academic positions. He has developed the Quantity Theory of Credit which is outlined in his excellent book The Princes of the Yen. He was the economist who prised the admission from the Bank of England that they do indeed create money as credit. He is founding director and chairman of Local First Community Interest Company, which promotes the establishment of not-for-profit local community banks, modelled on the successful German local co-operative, Raiffeisen and Sparkasse savings banks that have enabled German small firms to become top exporters and job creators in Germany.
Professor Emeritus Michael Northcott is a highly accomplished philosopher and a minister in the Scottish Episcopal Church, and who now works with a European government on their implementation of their Central Bank Digital Currency. He has worked in a range of areas including theology and the ethics of attributing economic value by certain models as well as work on GM foods, climate, animal welfare, cloning and land reform. He currently holds positions at Edinburgh University and in Malaysia's Graduate School.
Oliver Studd is Chief Executive Officer of the Valhalla Network. A project founded by himself, with Professor Richard Werner as its Chairman, that is aiming to establish a de-centralised network of finance which uses Bitcoin as a reserve asset. Studying under Professor Werner, he appreciates the importance of small and medium-sized enterprises to the economy and Valhalla Network is positioning itself to provide funding to these businesses that the larger banks and government do not cater to, despite their effectiveness in job creation and productivity. Oliver's vision could see a revolution in banking and a freeing of local economies from their side-lining by big banks to borrow and invest to increase their growth.
We look forward to welcoming you to this event.
N.B. Each interview will be followed by a Q&A. There will be breaks between interviews. Start time is still to be finalised.
Currently - the venue will be announced later on.
Location
Edinburgh, TBC