Princes of the Yen
Richard Werner is a German economist who specialised in the Japanese economy, and eventually wrote a very well-received book called Princes of the Yen: Japan’s Central Bankers and the Transformation of the Economy which traced the development of the economy in Japan in the post-war years, and showed how the Central Bank of Japan created a crisis in what was a well-functioning economy in order to institute structural change leading to the independence of the Central Bank itself.
This film is basically readings from that book retracing the story, with occasional recordings of Werner on contemporary TV and talk shows, and shows how this model of crisis creation was duplicated in other economies around the world in order to produce outcomes that were basically political in scope. Countries such as South Korea, Thailand and Indonesia all had similar pressures placed on them.
A main mover in these structural reforms has been the American model of a so-called ‘free market’, and world bodies like the International Monetary Fund which has been implementing US policy around the world. The film also warns about the Central Bank of Europe, which has similar powers and has been undermining local economies in Europe.
The documentary therefore is definitely worth watching, and provides a great insight into the hidden workings of the banking sector, but is somewhat let down by the visual material, which mainly consists of film of life in Japan, much of which is totally irrelevant to the story being told, and seems to be there just to fill what would be an otherwise blank screen.
[This upload is for informational purposes only, and is not monetized. If anyone claims copyright and wants the video removed, please write to dharmadocus@gmail.com and the video will be removed immediately.]
-
1:11:54
Kim Iversen
4 hours agoAmerican Journalist Interviewed Hamas Leaders, They Told Him Their Red Lines | Christopher Helali
11.7K14 -
LIVE
Nerdrotic
6 hours agoRims of Power DESTROYS Tolkien, Acolyte COPE, Outlaws TRASH - Friday Night Tights 317 Little Platoon
7,632 watching -
29:12
Afshin Rattansi's Going Underground
15 hours agoWAR ON FREE SPEECH: Matt Taibbi on Telegram Founder Pavel Durov’s Arrest, US Government Censorship
6715 -
DVR
Right Side Broadcasting Network
4 days agoLIVE REPLAY: President Trump Holds a Rally in Johnstown, PA - 8/30/24
261K186 -
LIVE
Total Horse Channel
1 day ago2024 100X Reining Classic | Friday, August 30th, 2024 | Start Time: 8:00 pm
398 watching -
1:01:22
The StoneZONE with Roger Stone
4 hours agoNewsmax CEO Christopher Ruddy on the Rise of Trump + 2024 Prospects | The StoneZONE w/ Roger Stone
17.7K -
1:20:06
Edge of Wonder
3 hours agoChronovisor: The Vatican’s Secret Time Machine That Saw Jesus?
21.4K5 -
2:00:53
2 MIKES LIVE
3 hours ago2 MIKES LIVE #110 OPEN MIKE FRIDAY!
20.5K1 -
53:15
The Amber May Show
7 hours agoUnderstanding Monkey Pox | Dr Stella Immanuel
18.1K5 -
1:56:23
Twins Pod
1 day agoKeeping It Real Will Make Everyone Hate You | Twins Pod - Episode 28 - Myron Gaines
89.3K31