Richard Werner, formerly on the ECB's "Shadow Council":
"[With] total digital control... it's not just transactions, it's also assets... They want to add everythingânatural assets, the air we breathe, the water we drink, the oceans, everything... [and they want to] put monetary terms [on] nature, calculating, where possible, monetary value to the benefits produced by natural assets. And this will support, they say, prioritization. In other words, some people will get access, others not. And the criteria, well, they can be made up."
This clip of Werner (
@scientificecon), who holds a First Class Honors BSc. in Economics from the London School of Economics and a doctorate in Economics from the University of Oxford, is taken from a Make Europe Healthy Again (MEHA) initiative event held at the EU Parliament in Brussels posted to the Children's Health Defense (
@ChildrensHD) Rumble channel on March 4, 2026.
----------------Partial transcription of clip---------------
"What is this? This is actually the fallback plan B route to impose digital ID and total digital control of all our transactions in case things don't work out so well with plan A.
"So we have to be aware that plan A is central bank digital currency that are programmable. The power to create and allocate new money which would give this to the central bank and therefore also transfer fiscal powers. The only sort of remaining power in the hands of parliaments, which is one of the definitions of democracy, for parliaments to decide over budgets.
"Obviously, you know, we're not in the parliament here because that's not, you know, that's not the democratic parliament when you don't have those powers. But they want to take them away from those parliaments in Europe that have those powers. The central planners want to take that job.
"So it's the transactions. And here, of course, what is the programmability? Well, there's the infrastructure being created. It could be anything. It could be climate change, carbon footprint, that could be the principle, but it can be other principles. Do you support the war? Are you on the right side with your opinion on whatever currently is, countries we're making war on? It, could be anything. Could be you're stepping outside a 15-minute city and so your money perhaps shouldn't work.
"But it's not just transactions, it's also assets. And this gets pretty scary here, I think. The Bank for International Settlements, the central banks' central bank, originally created, like most central banks, is a privately owned institution. But extraterritorial created the precedent for extraterritorial organization that is above countries, outside countries. So, it's sort of in Switzerland, but it's not actually in Switzerland, in Basel.
"[It] has suggested that, well, we need to tokenize everything, all assets and bank deposit, bank money, central bank money, as well as other assets. And there needs to be seamless integration of all this and programmability in one platform, we are told.
"So what are these other assets? It turns out we already have national organizations that are currently compiling asset registers. And you think, okay, that's financial assets, perhaps add land, well, you can add quite a lot. They want to add everything. Natural assets, the air we breathe, the water we drink, the oceans, everything.
"Now why is this? Tolstoy wrote a good, piece on this, when he criticized economists for only having land, labor, capital, and the production function. Why is the air not in there, the energy, the sun? Well, because they haven't figured out how to control access and charge for it.
"[But] that's what's happening with digital ID. They now are able to do this, and now they want to do it. As we hear from World Economic Forum agenda contributor Lindsay Hooper at Sustainability Institute in Cambridge, we need to bring nature onto the balance sheet, allocate a value to it and bring it into the accounting and financial mechanism.
"Well, and of course, there's various agencies in the US, in the UK, in Europe, in many countries already doing this for nature, and they're digitalizing it now. A natural capital register, the value, the quantity, and the quality of natural resources in one place.
"Now this agency in the UK says, well, there's some critics that suggest we're trying to put a price tag on nature. It's important to understand that this is not the intention of natural capital accounts. Of course not, because the intention is to control access to nature and charge for it.
"And they themselves go on. Well, actually, what we're going to do is put monetary terms to nature, calculating, where possible, monetary value to the benefits produced by natural assets. And this will support, they say, prioritization. In other words, some people will get access, others not. And the criteria, well, they can be made up."