Princes of the Yen | The Hidden Power of Central Banks

Princes of the Yen | The Hidden Power of Central Banks
Michael Oswald's film “Princes of the Yen: Central Banks and the Transformation of the Economy” 『円の支配者』reveals how Japanese society was transformed to suit the agenda and desire of powerful interest groups, and how citizens were kept entirely in the dark about this. Based on the book of the same title by Professor Richard Werner, a visiting researcher at the Bank of Japan during the 90s crash, the stock market dropped by 80% and house prices by up to 84%. The film uncovers the real cause of this extraordinary period in recent Japanese history.
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⌚ Timestamps:
0:00 Introduction
2:17 The American Occupation of Japan
8:12 Kishi Nobusuke and Post-Occupation Politics
11:05 The Japanese War Economy System
15:29 The War Economy and International Trade
18:33 Japan's Central Bankers Call for Economic Reform
23:28 How to Create an Economic Bubble
29:28 Money Creation and the Bubble
32:59 International Capital Flows
37:58 The Crash of the Japanese Economy
46:18 The Power of Central Banks
53:48 Dismantling the Ministry of Finance
56:36 An Independent Bank of Japan
59:57 No Economic Growth without Structural Reform
1:08:51 The Southeast Asian Crisis
1:15:25 The IMF to the Rescue
1:20:21 The Bailout of Long-Term Capital Management
1:22:30 The European Debt Crisis
1:28:21 Conclusion
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Reviews: “Mastery of filmmaking. An engaging and dynamic narrative supported by visual aesthetics” - Simeon Roberts - Film Critic, filmgods.co.uk/
"Essential viewing if you've any interest at all in economics or politics" - Steve Morrissey Film Reviewer & Critic, www.moviesteve.com/review-prin...
“Blows open the widely held consensus that ‘independent’ central banks are a force for economic good." Josh Ryan-Collins - New Economics Foundation and co-author of “Where Does Money Come From?"
"A fascinating look at the need for better public understanding of just how much money can affect the world we live in.” Ben Dyson - Founder Positive Money & co-author of ‘Modernising Money
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[@64bit-]

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." - Henry Ford

[@swedhgemoni8092]

They know it very well. They just don't have the spine to make a move to do anything at all. Come to think of it, they don't have a spine to act against 🇰-🇮-🇰-🇪-🇷-🇴-🇦-🇨-🇭-🇪-🇸 like weinstein and epstein either so hoping for them do something about the situation is futile.

[@Darkrezta]

@@swedhgemoni8092 nope not very well at all. I mean you can ask every people in usa how much they actually understand how the banking and monetary system work, like actually understand it, and I am 100% sure most of them will not actually understand it.

[@dogetaxes8893]

Fair, but what would you replace it with? laissez-faire capitalism, socialism, communism? At best you’d slightly improve the system, and likely it would be a bloody and just make things worse.

[@shezyam460]

@JL-XrtaMayoNoCheese larp

[@shezyam460]

@JL-XrtaMayoNoCheese take ur meds, nothing will happen

[@YT-hu1bq]

The one's who understand and know. Always feel alone in these matters.

[@raspberrykissable]

Very true

[@susyq4886]

Indeed, it is a lonely existence to not be one of the sheep.

[@jasonfrisken7606]

@@susyq4886 but worth it if you play the long game susy q

[@joshuapaulgibson4212]

Wow! The truest thing you’ve ever spoken I’m sure of it. It’s a super lonely journey over here in the southeast US. The total oblivion to everything is like being in some sort of Matrix.

[@benconway7088]

What else can I look at similar to this throughout history? This has completely changed my view on “Inflation”, as in Consumer Price Index and Asset Price Inflation are two very different terms.

[@andreasschaetze2930]

One of the most important videos ever, everybody should know. I was a banker until I saw what happens behind even in small banks. Customers driven in bankruptcy because someone from bank liked the real estate and bought it for a fraction in an auction nobody knew about. Credits for friends and the right party members in important positions and so on.

[@jasonfrisken7606]

You obviously had to many morals and decency to work in the industry

[@face.-]

That would have been a great time to do spy work. Not to mention it would fun to catch those crooks in the act! But it's hard to stay around wicked people and play nice together

[@thelouster5815]

Banks should never have been made for profit, and it is abhorrent that they are.

[@busterbiloxi3833]

andreas schaetze: Cry me a river.

[@face.-]

@@yaxl I belive I wrote"those crooks"...plural

[@HellofromLongBeach]

I am from Japan living in the US...I lived through the Bubble Economy and its burst, then left Japan. The sad part is...I used be a SWAP dealer at the Japanese biggest hedge fund and Istill didn't really know what was going on. Thank you for sharing this documentary.

[@zurinarctus1329]

The USA is a giant douchebag, yet your LDP leaders keep bending down beneath the Yankees.

[@iliashornung3178]

Just like nazi's went to work for the cia , nasa and nato. Operation Paperclip. Reinhard Gehlen , Klaus Barbie, Skorzeny( also mossad), von Kielmansegg, Kurt Waldheim, Adolf Heusinger , Hans Speidel, Wernher von Braun, Arthur Rudolph , Hermann Oberth, etc. Also Japanes warcriminals from Unit 731 went to work for the US army. Unit 731 murdered millions of Chinese ( massacre/rape of Nanking etc

[@mitonaarea5856]

@@zurinarctus1329 if it weren't for the US japan would be much worse

[@mitonaarea5856]

@@anonymus5022 yeah is that supposed to be a good thing?

[@user-pn3im5sm7k]

@@anonymus5022 That would be a good thing lol

[@zioslayerbear8592]

This is the most BRILLIANT documentary on the IMF and central banks i have ever watched !!!! Humanity please wake up !

[@muhammadluthfi1433]

@Max Strong you nothing from israel.

[@stevecooper3010]

Watch Zeitgeist 2007

[@numbre1uno]

Onward to beartaria

[@ShobeirSheida]

The quality of these productions remind me of Adam Curtis' brilliant documentaries (e.g. "the century of the self") Thanks a lot for being a light in the darkness.

[@robertdore9592]

These documentaries are only permitted because they are historical; the crooks responsible for these misdeeds have moved on to evermore complex and sophisticated scams - we're being subjected to one right now.

[@ShobeirSheida]

@@garethcoxmusic I don't think so.

[@billybobobenner]

@@garethcoxmusic You're wrong.

[@iceflame1167]

USA: you work for us or we try you as war criminal. Japanese war criminal: can i be the prime minister of Japan? USA: YES

[@iliashornung3178]

Just like nazi's went to work for the cia , nasa and nato. Operation Paperclip. Reinhard Gehlen , Klaus Barbie, Skorzeny( also mossad), von Kielmansegg, Kurt Waldheim, Adolf Heusinger , Hans Speidel, Wernher von Braun, Arthur Rudolph , Hermann Oberth, etc. Also Japanes warcriminals from Unit 731 went to work for the US army. Unit 731 murdered millions of Chinese ( massacre/rape of Nanking etc )

[@chaddy2409]

@@iliashornung3178 thats exactly the people they want, killer machines

[@VVeltanschauung187]

They are war criminals on what charges? For being the enemy?

[@lincolnhaldorsen5649]

@@VVeltanschauung187 it doesn’t matter whether they are war criminals or not, the United States just use it as a useless threat to get them to comply

[@Cristy0505]

@@VVeltanschauung187 My friend, anyone can be indicted of any crime. "Show me the man and I'll show you the crime" - Lavrentiy Beria

[@sumiokuge9118]

I, a Japanese at an age of 63, recognize how bad the recent 40 years are. During a this period, I graduated from a university, worked and am retired. How bad I feel about this !

[@larslarsson1903]

Trump is cleaning up this mess once and for all .Sounds crazy but it's happening rigth now 💖🇺🇸 WWG1WGA, PEACE

[@user-jk4qy9rv6n]

I am Japanese and didn't know truth about Nichigin at all. Every Japanese should see this.

[@AndreAndFriends]

We are all being kept in the dark.

[@RasPutintheGreat]

Share them.

[@mariussielcken]

I recommend the book 'the mystery of banking' and 'confessions of an economic hitman'

[@markrobertmurphysr]

THERZ NO CORRECT HISTORY BOOKS ; 'THAT AH WRITER/WAS CORRECTLY ' INFORMED/RE PRINTED'' XAMPLE LOOK AT HOW MNY BIBLES[ VARITIONS ] -

[@polygamous1]

Every citizen on earth should watch this

[@termlimitscom8739]

Give me control of a nation's money and I care not who makes it's laws" - Mayer Amschel Bauer Rothschild

[@leejamestheliar2085]

@the Patriot Are you owned? Edit: of course you are...... Or maybe just a pussy!!!! Patriot? Really? To what cause? Jagoff......

[@qaidikramuddin]

Very true. That's where the dragon lies.

[@Miranox2]

@the Patriot Your pathetic insults aren't going to persuade anyone. Go be a moron somewhere else.

[@peterzupevc7097]

To be factual: he might said it or not, it can not be proven either way, wich is not a strong argument. But if something is repeated a lot, people take it for a fact. Like the premise that frog will be boiled in slowly heated water, witch sounds interesting, but is actually untrue. en.wikipedia.org/wiki/Boiling_frog So the sentrance was: "Attributed to Mayer Amschel Rothschild (1744-1812). No primary source for this is known and the earliest attribution to him known is 1935 (Money Creators, Gertrude M. Coogan)." quotes.yourdictionary.com/author/quote/594454 Mybe this helps: history.stackexchange.com/questions/7887/did-rothschild-say-this-famous-quote-if-yes-what-did-he-mean-by-it

[@aw6029]

Rothschild family is so overrated by the conspiracy theorists. Funny. 😂

[@reeve1able]

scarier than any horror movie you've ever seen

[@kdbergselfdiscoveryat4865]

Yes unfortunately but true

[@tigeriontigerion9112]

Yes. We are living in a distopia, like people in Matrix.

[@victorsong8416]

The deeper you dig in, the more you uncover, the more it becomes OBVIOUS, that everything is indeed a "Conspiracy". It's not a word of denigration and ridicule, but a word of knowledge, truth and wisdom.

[@guyindecatur]

A conspiracy theorist is simply the person that figures out what going on before everyone else.

[@JohnSmith-wo2fz]

You're on the first rung, now pay attention to the names of everyone involved on the western side of things - they're all linked somehow...

[@mightbesherwood1313]

11:18 to get past the intro 22:43 Japan bubble+crash 1:10:12 same in SE Asia 1:23:48 same in EU After each crash, help is offered by global banks, as long as the door is left wide open for those banks to buy and lend, displacing the home grown banks and shareholders.

[@wh6055]

For anyone who has read 'Confessions of an Economic Hitman', it's highly obvious that Japan and the Asian Tigers were victims of these economic hitmen. That book would be a great complement to those who have watched this documentary, and vice versa. Japan came into the sights of these hitmen for 2 plain reasons: One, they had a gigantic trade surplus to the US, which means the same as the US having a trade deficit to Japan. Two, US tycoons saw the economic potential in Japan and felt obliged to grab their (undeserving) piece of the pie. In recent years, most countries have wised up to these disastrous tactics of the great US of A. Which is why you see the top powers-that-be now turn their attention inwards, and now it's the US citizens themselves getting sucked into the void via irresponsible lending and forclosure of assets.

[@dcsco]

Yes, 'Confessions of an Economic Hit Man' supports this documentary very well. That book calls those 'hit men' and their helpers 'jackals', which is very appropriate. What I don't understand is why Japan and the Asian Tigers agreed to those harmful loan terms from the IMF, when they didn't need the IMF, and could have just printed their own money instead. The same for any other take over target country too. Unless the IMF is bribing the government officials to accept those horrible loan terms. That seems like the only way they would.

[@arilebon]

How would it play out with China and Russia? It has a powerful military which may change the equation somewhat. Russia appears successful in undermining the US and UK from within.

[@picketf]

@@dcsco It was mentioned in this very documentary that what the IMF did was to undercut loans in national currencies through various instruments most importantly by insisting on the mutual trade currency for borrowing at a fixed rate being the USD. The main reason why this worked was a lack of liquidity generally prevalent in asian markets. Without liquidity there was no way to grow and printing more money leads to devaluation and even greater trade deficit aka inflation internationally. If the currency however enjoys more trust, like the USD, then printing more money does not directly decrease the value of currency holders as the printing is done more or less through the increase in trust through gov'mnt issued bonds that other nations want to buy to strengthen their own barter position when trading internationally.

[@rashadrafiq9875]

It’s a good book to read👌🏼 it really does open your 👀 on how American gets what it wants.

[@mR-dc4oq]

@@dcsco recall, in the book, if you didn’t comply, you were a dead man.

[@geetaliification]

The visuals creating an association between Central Banks and snakes was executed beautifully

[@okiok2535]

Came here December 2020 What a WONDERFUL MASTERPIECE !!!! Only 1.9M views in 6 years , shocking !! Thank you .

[@ntifosunana8877]

It pretty long and has an uninteresting title.

[@tomasbickel58]

Just be aware, that this documentation promotes a narrative, which probably isn't entirely true .. you know .. omitting stuff, historically important, but not helpful to the story.

[@okiok2535]

@@tomasbickel58 interesting reply

[@tomasbickel58]

@@okiok2535 "September 22, 1985 Plaza, NYC" .. something bugged me when I watched first 4 years ago, but I could put my finger on it. I came across it yesterday by accident watching an other video - so I rewatched this one. And yes, its missing.

[@dualfluidreactor]

@@tomasbickel58 what exactly is it that you think is missing?

[@t4nkman]

Humanity is being played for fools... & I suppose we are fools because we allow it to continue. Sad...

[@408Magenta]

humanati Watch how you spend your currency. The best way to fight back is to hit them where it hurts them the most - their wallets, their cashflow, their Jerk Street predictions (remember those projections of stocks by Wall Street (hoohah!!)).

[@GerNiels]

There is a reason this issue is rarely talked about in the media. Almost none of my friends and family are even truly aware of it.

[@youcamehereforthetruth3824]

408Magenta why on earth would somebody have jed bush as their picture. jed bushs lot are the types who are part of this cabbal

[@homebrandrules]

humanati its hard to know to change a behaviour or something, if you are not cogniscent of its existence

[@homebrandrules]

YOU CAME HERE FOR THE TRUTH turn the d around

[@readi343]

"Most people have better things to do in their lives than understand the details of Central Banking." -Jerome Powell May 29, 2020

[@patriceortovent6451]

Ignorance kills its bearer, what a way to think, sounds like the myth of 'ignorance is a blessing.' How pitiful to think in such a way.

[@ashthegreat1]

Ignorance is actually a wonderful thing. Don’t underestimate it. You don’t see ostriches running around looting and hating on each other on social media, or fretting about the future or their nest eggs 😂. That’s enough fear-porn for you Patrice. Time to put the devices down and just be.

[@tobybrown1179]

But the understanding of the secret bankers and their monopolies are suppressed and should be taught

[@nachannachle2706]

Chairman Powell has no idea how wrong he is. People are waking up, day by day in 2020.

[@Omariau]

It's a dishonest quote on your part, the context of that quote goes against what you are trying to imply actually. I have a big distaste for the FED policies in the last two decades but that does not mean we have to be disingenuous.

[@IKEMENOsakaman]

It's amazing that this amazing documentary has not yet been deleted by US of A.

[@jamesdean7756]

They try to not be too obvious

[@jono_ok]

Countries do not delete KZbin videos. The creator or mods do.

[@jamesdean7756]

@@jono_ok KZbin censors dummy. Wake up

[@jono_ok]

@@jamesdean7756 KZbin ≠ 'US of A'

[@secrets.295]

They can't delete it by law, unless the video has a copyright strike or the video has too many thumbs down or reports from the viewers that the video is too violent or spam, etc. Doesn't seem likely this video will get any of these.

[@TheFlagDude]

the original Zeitgeist especially the part about modern money mechanics way back in 2008 changed all my views

[@fpscanada3862]

wow.. that was 2008 when that film came out? feels like a short time ago

[@mwaleed2082]

Link please!!

[@vasilikichaintini722]

Just a BIG thank you to everyone who worked for us all to be able to see this documentary. A real contribution to understanding whats going on in the world.

[@crs7461]

This reminds me so much of what happened in Greece in the early 2000s.I remember I was 20 years old and a bank came in to the company I was working and just gave everyone - 350 people- credit cards without us asking... Every business could expand with loans, everyone was eligible..

[@MrNecryptic]

Poor Greece, still hadn't recovered honestly. I don't think any country will "recover" anymore. It only gets worse from here friend, stay strapped.

[@johnecoapollo7]

I remember this only very faintly cause I was 6-10 years old but yeah, the similarity is very eerie

[@marybailey7881]

Could someone explain to me if Professor Richard Werner is a Keynesian who believes in Quantitative Easing policies similar to what we have seen during 2020-2022? I have watched this documentary several times, and I am confused why everyone seems to think this guy is great, if his beliefs are inflating an economy by devaluation of its currencies. This is good for rich people , as we have seen in 2020-2022, but bad for middle class and poor people who are NOT invested in the stock markets. Am I missing something here or does he not clearly advocate for this policy? Why everyone here seems to think this is a great idea?

[@keithhogg7228]

@@marybailey7881 Prof Richard Werner believes in QE to provide credit stimulus to small businesses thus generating economic prosperity without inflation. However, central planners have since used it to purchase non-productive asset classes & government debt with inflationary consequences (the polar opposite of what he intended). He believes in having lots of small local banks to lend to small local businesses; central planners believe in having one large bank, which only lends to large corporations (economic fascism).

[@dishboy14]

@@marybailey7881Japan sadly is doomed. Money printing (QE) just slows the death. All FIAT currencies will go to zero, the YEN will be the first in the G7 to do so.

[@kyoshi5868]

I'm Japanese. I think one of the worst mistakes Japan made after the war was to not properly punish people like Nobusuke Kishi. He was not only a war criminal but an American dog as well as his grandson Shinzo Abe. That assassination was karma. Japan has forgotten how to stand on its own feet. The current financial system is a joke and anyone with a modicum of wisdom knows we are all in a sinking ship.

[@lincolnhaldorsen5649]

This documentary has nothing to do with Shinzo Abe, this was decades before his time as prime minister. 😭 He is regarded as a great leader and Shinzo Abe is not a war criminal.

[@niklaspotter7003]

The damage economists have done is truly incredible

[@IndependentPOV]

+ Goedelite Kurt The Japanese version of Princes of the Yen was released in 2001 and the English version in 2003. The film itself is 80% based on this book, but also contains additional research and sources, which includes an attempt to make the film relevant to the present time. Richard Werner has viewed and approved this documentary rendition of his work.

[@gentbar7296]

as informative as it is, it still lacks would be precursors and indicators into..... such narrative stands on a bias... much like "the civil war" etc...

[@col2959]

Silent weapons for quiet wars

[@mattematsson554]

There's no need for a bang these days! You only need the index-finger to press "Enter" to eradicate anybody's life.

[@allenazar8609]

They should be teaching this in public schools.

[@atilamatamoros7499]

Formidable presentation. No wonder USA and EU are so worried about Russia and China. The captive countries may move in another direction.

[@marybailey7881]

Could someone explain to me if Professor Richard Werner is a Keynesian who believes in Quantitative Easing policies similar to what we have seen during 2020-2022? I have watched this documentary several times, and I am confused why everyone seems to think this guy is great, if his beliefs are inflating an economy by devaluation of its currencies. This is good for rich people , as we have seen in 2020-2022, but bad for middle class and poor people who are NOT invested in the stock markets. Am I missing something here or does he not clearly advocate for this policy? Why everyone here seems to think this is a great idea?

[@atilamatamoros7499]

REITERATING

[@marybailey7881]

@@atilamatamoros7499 It doesn't make sense how "Quantitative Easing" would ever be beneficial to anyone but the rich. I would call this a "controlled opposition documentary" as it appears somewhat in this documentary like he is on the side of the Austrian economists, but he is not, he is for Q.E. and I have heard also "pioneered" the concept of Q.E. This has done nothing but benefit the rich and rob the middle class and poor via inflation. It certainly has propped up the stock markets though, which I am sure he was benefiting greatly. Just another question...he did say , I heard him, but I don't know if he was quoting someone else's words, but he said "Why are you not printing more money!?" is that indeed what he said to someone with regards to the Bank of Japan? Why he said this, if so?

[@tzc83]

The elites are doing a good job, normal people are more interested in Taylor Swift's 56th boy friend's dog than a great piece like this.

[@dinosaurusdog9118]

So history will just repeat itself.

[@gatthom1]

@@dinosaurusdog9118 ONLY if GOOD People do nothing...___!!! Support EVIL?

[@LaoZi2023]

@@caswallonandflur692 , why?

[@UToobUsername01]

To be fair there is nothing you can do about it short of declaring war on the banks themselves. That means: "Are you willing to kill for freedom?" Most people won't do it. They will kill poisonous spider that has entered their house, deal with rat infestation with pest control service, beat up a homeless man on the street and call him lazy bum for not working, and teach children that stealing is wrong, etc.....but they won't fight the adult bully and organise freedom fighter organisation to deal with the central banks army. Until you actually fight you are not going to see change. But what you can do is avoid dealing with them. Create your own currency and deal directly with each other (no middleman). Trade directly in gold coins within your own community and spend your money only with the people in your community to encourage growth and don't worry about the growth of people in foreign lands. Back to basics before computers could generate new money with magic 1s and 0s and pretend that was real value being produced. Go back to bible and honest weights and measures. None of this magic trick nonsense. The value comes from the things that money *buys* which is your labour. Trae directly in IOU with your neighbour and buy things to stimulate the economy locally if possible. You grow farm and have apples? Give to the neighbours and see if you can obtain service from that. eg if you can borrow their mower once in a while or they water your garden for you when you are too busy) the tiny economy is what you choose to spend your energy on daily basis. No speculation when you are dealing with dependable people you already know. Risk exists anytime you have a middleman making decisions for you, or the dishonesty exists in the medium of exchange. (ie instead of dealin in gold coins you now deal in paper money that is a mere promise to pay. History shows us man cannot perfectly honor his promises only God can do this. So deal in the assets and things of value like your labour as payment for things. in other words don't give promises but just give the valuable thing itself. In the old days currency/paper money was just a credit note to say "you can take the gold from my vault of X amount" not the actual valuable thing itself. Just the right to withdraw the valuable thing. The payee didn't get the thing in his hands until he presented the credit note to the bank and the bank finally gives him the actual gold you were owed. Since people are lazy and skipped that step of going to the vault, the bankers have taken advantage of this and use it to create fake money which produces an illusion of wealth in the economy rather than *real* wealth. The sin of laziness allows for them to have power to enslave you now. To undo this, you got to deal directly in gold(or asset) with the person you deal with and have contract with them directly. So if an old lady down the street can't afford uber, you can offer to drive her to church every sunday in exchange for free apples that she grows in her orchard and this creates less reliance on the fake or speculative economy which is uncertain because you rely on third party to trust. (decreasing reliability) If you are too busy to walk the dog you can have your daughter walk the dog and she gets allowance (she can stay in the home rent-free as payment for the chores instead of wasting money renting apartment once she is 18 and ready to leave nest) The thing is this: the illusion of wealth is what all people need to stop believing in and focus on things you can see with your own eyes. Don't beleive the wizard can solve your problem for you. He only exists because you begged him to rescue you. If you took the bait and believed that you could obtain things for free you are a sinner just as much as them for offering the promise to pay for everything with nothing. Once you are red pill and know it's a scam, then now you are just as guilty for supporting it. A certain percentage of people know its a lie but benefit from ignorance so that is why the central banks can get away with theft. And so the burden of debt rests on the nation that chooses to ignore the problem not the scammer himself.

[@LaoZi2023]

UToobUsername01 , that’s not entirely true. Countries and people can start using other types of security holding entities, local banks with a lower rate of mongering- they are out there. Unions are another good option. Vote in Senator Sanders, and even the playing field. Get corporate money out of government- unless you see the government as a money making machine. You see, these are fiscal Conservative ideologies. But they also can work for the progressive as well. We can come together on this. Are you willing to keep the average person at a disadvantage? This is also a fault of your argument: we are fighting wars for oil, not democracy. Are you willing to keep all the American money tied up in killing people you have no quarrel with?

[@EdwardAshdown]

This remains in my opinion, the best documentary about central banking that I've seen. Thanks so much for making it; and making it so well!

[@antikokalis]

I still don't' get it. What's the lesson? Economic is too hard

[@Itsaboutthewaterlife]

@@antikokalis Prepare.

[@antikokalis]

@@Itsaboutthewaterlife Good one ;) Thanx

[@dreamdiction]

@@antikokalis Credit creation leads to an over inflated economic bubble of artificially high prices, the bubble eventually bursts, the value of assets crashes and the banks (who created the bubble) use their capital to buy everything at a very low price, therefore every cycle of boom / bust makes the banks richer and they take over the whole world. Bastards !

[@antikokalis]

@@dreamdiction Thank you

[@patriceortovent3337]

Great documentary, watched it three times to make sure nothing escape my understanding on such captivating subject. A lot to learn from it and great shots of Japan.

[@darrenphillips4799]

there was a guy named Smedley, retired marine general, he orchestrated the overthrew of 23 governments in 1910-20 era. All in central, south america. He said they'd broadcast a false panic, tell people to "stay inside for two weeks". In those two weeks they'd install a new government. I always thought of that back in March of this year, when we kept being told "self quarantine for 2 weeks".

[@jayh9529]

Darren Phillips smedley butler ,war is a racket audiobook on utube

[@rogerjack9053]

That.s what happened in my country Romania in 1989 ..after 30 yrs we still not figured it out

[@joannhudson4767]

Unfortunately this is affecting all in America today. So the only way out is to kick the oligarchs out! 🤔💭

[@MrSWGrant]

Can you give me his full name so I can look into this smedley fellow

[@jayh9529]

simon grant smedley butler

[@pauljameslowe]

Absolutely fascinating documentary about Japan’s economic growth thru the decades. I have a huge interest in economics and monetary policy; Although, I’ve never been to college. I feel like I have learned so much from watching this film. Thank you to whomever shared this. 👍👍

[@arjunchatterjee9362]

Me too! (not the faux jewish metoo currently rife everywhere). I dropped out of college because our business collapsed during the 2008-09 financial crisis and have a learned a great deal online. I think it is better than any class I would have taken, so I am better off that way.

[@markwhite7405]

Take each claim and try and think about what the evidence is for that claim..... Not much

[@TheSteinbitt]

Huge interest in conspiracy and low educational attainment, you’re the target audience here:)

[@pxh6129]

@@TheSteinbitt Sure, now show me some "high educational attainment", which contains "approved facts from certified experts", if you insist. Then I will decide for myself what's better at holding the truth

[@marybailey7881]

Could someone explain to me if Professor Richard Werner is a Keynesian who believes in Quantitative Easing policies similar to what we have seen during 2020-2022? I have watched this documentary several times, and I am confused why everyone seems to think this guy is great, if his beliefs are inflating an economy by devaluation of its currencies. This is good for rich people , as we have seen in 2020-2022, but bad for middle class and poor people who are NOT invested in the stock markets. Am I missing something here or does he not clearly advocate for this policy? Why everyone here seems to think this is a great idea?

[@Geckoboy1.0]

As the saying goes "Give a Man Gun, he can rob a bank. Give a man a Bank he can rob the wolrd"

[@domiduch4344]

HE WILL

[@busterbiloxi3833]

You use this as an excuse for your own failures.

[@timtreetwats]

I thought it was a law degree

[@TheGhostOperative]

"wolrd" is it like a European bank?

[@petekdemircioglu]

@@TheGhostOperative sorta

[@carpenter3069]

What an excellent example of what journalism can be. The IMF needs to be held accountable.

[@iboibrahims93383]

One of my favourite docos of all time. Thank you to the creators!!

[@lightkudobebegigi]

Really good documentary. This is not just about Japan. It shows the real intension of independent Central Bank. It is worth to sduty.

[@heatherfeather9951]

The personal psychological effect that these bubbles have on the individual is that it tethers the individual's identity and self-worth to the transient health of the economy. The same thing is happening in India with many rural farmers who cannot pay their loans and are committing suicide. Unfortunately, the same will likely occur in the US in the coming year.

[@rainbowbgood]

Its shame that does that. Heal the shame and you dissolve the tether. You do that by TAKING responsibility and also letting other take the responsibility that belongs to them. Its all about being completely honest with yourself and others. Vulnerability and openness in a safe environment is courage and is absolutely necessary to shift this cycle.

[@CRHall-ud9mq]

After watching the 'The Spider's Web: Britain's Second Empire (Documentary), I understood this film very well! ...Many thanks, Independent POV. :-)

[@Cadu12345]

In 28:00, about the Japanese management techniques, I can say that I spent a great deal of my college time studying them.... And now, in 2023, I found out thet´re meaningless......I´m sorry, but I need to cry out loud.....😳🥺😦😧😨😰😥😢😭😭😭😭😭😭😭

[@drsnooz8112]

This is a great video documenting what every country in the world has experienced in some way or other. The moral of the story is: if you give bankers control of your economy, they'll destroy it, then come steal all your stuff.

[@constanthonesty9937]

I live in Japan. This had me motivate to have it translated into Japanese up until around minute 53. Central banking IS NOT free market economics!!! The US is under the same problem Japan is, Central Bank control (i.e. authoritarian monetary control), with the global reserve currency twist--but the reckoning of the central banking thievery is coming soon to the US too, unfortunately. Who do I talk to about 1) translating this to Japanese, and 2) correcting the economic lie at minute 53?

[@lateralus6512]

In the yin and yang symbol the white has a little black and the black has a little white. The truth often has a fraction of untruth and the lies often have a small amount of truth.

[@LaoZi2023]

Are you making the assertion that the central banking system is a plutocracy rather than a free market economy? Was that your point? (Authoritarian money control) There are plenty of people that can translate this movie. I too live in Japan, by the way.

[@zurinarctus1329]

This is slightly different. The United States still had politics in mind, so they won't allow corporate America to get above the government. The Federal Reserve is being private is the best thing that the US government and political factions can allow. Corporate American becomes like British East India or Dutch East India is definitely a big no-no for the US government. The US Treasury and Federal Reserve are the weapons of the United States to maintain the global hegemony for decades. In the case of Japan, the US created the facade of a miracle economy to rebuild Japan as a cheap source of manufacturing as well as a geopolitical destination to keep East Asian bloc firmly in the US sphere. We engineered the Japanese bubble economy by making Japanese bureaucrats believe that Nihon civilization was destined for greatness. The USA purged all smartest Japanese leaders and politicians after the war, who were realists with left-wing leaning, while we allow Japanese ultranationalist fools into power because their idiocy is easy to exploit. Taro Aso and the Aso family are the prime examples of how useful idiots are useful to the Americans. After we successfully made Nihon people having a greatness delusion, our financial firms encouraged their Bank of Japan and Japanese financial firms to do the reckless Keynesian economics. That was how the bubble economy started to get out of control because the USA used Japan to see if Keynesian economics is actually legit. We already know the answers with Japan now collapsed into eternal stagnation. The USA played another dirty trick of de-industrializing Japan to transfer manufacturing into China and Vietnam. The USA casually incited the hatred between Koreans and Japanese to make East Asia eternally unstable, so the American military-industrial complex to sell weapons. We forced Japan to invest all of its remaining wealth into the USA in exchange for Japan becoming the world's net creditor, while their assets are in the American management and control, in truth. If the Japanese people ever dared to revolt against the USA, then the US government will seize all Japanese assets aboard which will cause Japan to become the poorest country in the world within a single day. In politics, the USA controls both the LDP and Imperial Family Agency. LDP cronies are our bitches and the Imperial Family are our prisoners who now rapidly outlive their usefulness. America is probably the most insidious nation in the planet who devised all malevolent ways to keep the number one status. This is why China has been working on a plan to destroy the US because the Americans will target China next after it utterly siphoned Japan and South Korea to death.

[@totalfreedom1282]

"free market" economies are oxymoronic, no market is "free" if they were they wouldn't be a market. The things people sell aren't "free" there are very expensive barriers to entry. TLDR: Capitalism isn't "free" it's very expensive, and any form of capitalism is oppressive. Also for any nerds who want to talk about the USSR. They had wage labour and shit tonnes of exports, as well as Taylorism, I'm not for that economic system, Anarcho syndicalism/mutualism/anarcho communism are what I'm advocating for

[@toby417]

Jews by saying we americans? If not I don't see the point of your whole comment

[@MikikoHigashi]

This documentary is based on "Princes of the Yen" written by Richard A. Werner. It's a book written about 20 years ago.

[@marybailey7881]

Could someone explain to me if Professor Richard Werner is a Keynesian who believes in Quantitative Easing policies similar to what we have seen during 2020-2022? I have watched this documentary several times, and I am confused why everyone seems to think this guy is great, if his beliefs are inflating an economy by devaluation of its currencies. This is good for rich people , as we have seen in 2020-2022, but bad for middle class and poor people who are NOT invested in the stock markets. Am I missing something here or does he not clearly advocate for this policy? Why everyone here seems to think this is a great idea?

[@MrThe1And0nly]

@@marybailey7881 I think people are just ready to jump on the "free lunches are possible" and conspiratorial bandwagons, especially if the two are combined. Idk about Werner other than this doc but indeed it seems he does not think there is such a thing as bad credit outside conspiracies (despite multiple times refering to them, eg Japanese banks after WWII holding useless war-bonds). Whenever one has lived outside their means, austerity is the necessary outcome, just as jumping up results in landing down. Telling someone to brace for landing and living inside their means (eg Euro dept crisis austerity) is not manufacturing a crisis lol. Laziness (obesity) takes pain to treat (working out and controlling diet). Same in economy. This isn't a conspiracy. No free lunches.

[@BerndGSchneider]

@@marybailey7881 Just neither mix the excellent description and explication of what has happened nor press it in a theory and the outcome for the normal people who have no clue how to invest their private money according to their own responsibility and by the way do never believe in MMT and in the WEF!

[@Retrofire-47]

@@marybailey7881 Werner rubs me the wrong way, tbh... I won't elaborate on why because it becomes self-evident.

[@mthxjzz6462]

And now, after the near collapse of the centralbank system at the end of 2019, these criminals play now the C19 card.

[@whiteyfisk9769]

The worlds economy crashed in 2008. We've just been on life support ever since and the plebs kept in the dark until the elites have exited the ship and are in the life-boats

[@comethoj]

Richard Werner you are amazing!

[@xxivy_dabestxx9615]

He's currently a Professor at Oxford I think. Hasn't changed though. Still speaks truth to power.

[@ebecerra85]

I would kill to have an understudy with this man. I guess his books are the next best thing.

[@golf5476]

@@ebecerra85 his book was most sold in Japan, I think in 2001

[@Daithi333]

Hugh Hendry and RealVision brought me here

[@damonwright608]

Me too! Just about to watch this now.

[@revorocks123]

Same, I had never heard of this until Hugh brought it up!

[@jasonkolb7304]

Same, this is fascinating. Anyone know who originally made this?

[@danlindy9670]

Yup. Raoul Pal has some fantastic guests. This is brilliant: "It is the crisis that convinces citizens and interest groups of the need for change... And the best way to create it is to have a bubble, because that's how nobody stops you." The problem is, no crisis will ever be big enough to force governments to scrap the central banks and switch to hard currency. (Why save for a rainy day when you've got an unlimited line of credit and future generations to pay it off?)

[@MrPrescamacho]

Same

[@asg7535]

Immediately subscribed. This is what I was waiting for. 🙌🏿thanks to the people that has made this amazing content.

[@luckyPiston]

By the end of the documentary we all have an understanding of what the clips with snakes symbolize.

[@geraldking4080]

House Banking Committee: Chairman Ron Paul: "Chairman Bernanke, will you tell the committee which financial institutions received bailout funds from the Federal Reserve?" Fed Chair Bernanke: "No."

[@Longtack55]

Old Boy's network.

[@218philip]

Gerald King We answer to no government

[@feederdiaries4862]

And the bank just inflated the bubble by 2.2 trillion in the States.

[@heatherk4401]

Prince Bernhard who is an avid hunter and womaniser, founded WWF. Pls watch Fall Cabal documentary by Janet Osseabard.

[@dishboy14]

@@feederdiaries4862make that 1 trillion every 100 days now in 2024😢

[@DonJuanDM]

I am not surprised. Problem, reaction, and solution is the signature of psychopath grabbing more power.

[@termlimitscom8739]

DonKuan you’re right.... top down pressure and bottom up pressure. Catalyst. Compromise..... works every time.... that’s no guarantee for the future.

[@humboldthammer]

Hegelian Dialectic: Thesis, Antithesis, Synthesis GOD -- no god -- The NEON GAUD, Lucifer 8.0

[@TeamGambleBMX]

Came for the Central Banking history lesson, stayed for the sea otter edits 👍

[@krzysztofp2005]

Super dokument i bardzo dobrze ze jest tlumaczenie. Wielkie podziekowania. Pozdrawiam i oczekuje na nastepne dokumentalne filmy z tej dziedziny.❤

[@Oo7Hola]

Stari ovo nije normalno

[@SupportAndDefend]

Once we've seen what's going on 'behind the curtain', it's all so obvious. Question is: Do we have the courage to do the right thing?

[@anumba1]

not until his kingdom comes, Jesus.

[@james3876]

No

[@ingevankeirsbilck9601]

First things first : protect your own personal wealth so you sleep better at night. Next, wake up the sheeple 😉

[@retepkicerb]

A GEM. MUST FOR ECONOMY STUDENTS AND PRACTITIONERS.

[@chiefinspectorduvall6073]

You don't need to be an economist to watch this! This just a bloody good documentary.

[@manmeetworld]

This is one of the best documentaries on central banking I've ever seen.

[@user-rc4jz9dy1i]

Same story, different time, different place. Never fails to be equally rage inducing. The dissolution of a nationalized banking system and the installment of a private central bank. When you look at history, this struggle between the nation and the banking cartel has been the strongest force against/for(?) civilization in history. Always ends the same, a consolidation of power into an entity foreign to the host nation.

[@marybailey7881]

Could someone explain to me if Professor Richard Werner is a Keynesian who believes in Quantitative Easing policies similar to what we have seen during 2020-2022? I have watched this documentary several times, and I am confused why everyone seems to think this guy is great, if his beliefs are inflating an economy by devaluation of its currencies. This is good for rich people , as we have seen in 2020-2022, but bad for middle class and poor people who are NOT invested in the stock markets. Am I missing something here or does he not clearly advocate for this policy? Why everyone here seems to think this is a great idea?

[@toddmckissick2931]

It explains exactly why we're in the mess we're in to simply look at the tiny number of views (130K) for such a wonderful, indepth documentary on exactly how central banks get their tentacles into every country. This should be mandated viewing prior to partaking in ANY conversation with another rational person. It's that pervasive. (1:32 slow to start but brings it all together quick.)

[@RonHarveySC]

the central bank system is at the center of the problems we face now.

[@RobinEvans1234]

Capitalism is the cause of all our problems. The richest people in the world make most of their money through capital gains. The IMF and the World Bank are just tools to control the global political economy. Just like how governments and military are tools for controlling the global political economy. As long as we have a system of hierarchy, it will be run by those at the top, to suit those at the top.

[@toddmckissick2931]

Robin Evans Actually, capitalism has nothing much to do with it. Like the IMF and World Bank, it too is just being used a certain way by those above. If you knew how much was robbed from society by any 'ism', you would see that simply returning that to the people who earned it would make any system work 100 times better than any system does now. For example, pick any social or economically separate groups. Now tell me how each group would live/act differently if a) wages were 5 times as high and b) prices were half. The short answer is that all social welfare issues go away as people can now support a family of 4 on a single fast food wage. No unemployment costs, no SSN, no disgruntled people becoming terrorists, no debt spirals and no theft from the poor because they can't afford to pay the extortions often placed on them.

[@RobinEvans1234]

Todd McKissick I disagree. I think Karl Marx was bang on. The richest people get most of their money in capital gains. Capital is the governing power over labor and its products. The capitalist possesses this power, not on account of his personal or human qualities, but inasmuch as he is an owner of capital. His power is the purchasing power of his capital, which nothing can withstand. He steals of the people who are forced into an unfair relationship with him. Washington has promoted free trade principles only in sectors that benefit the U.S. economy; in other sectors, like textiles, protectionism reigns… Further liberalization in selected issues, old and new, will give Northern corporations more access to the resources of the South, thereby further debilitating the domestic economies of developing countries. The global political economy only suits the established states who have deeply entrenched infrastructure and governing institutions that allows them to extract cheap resources and labor from less established states. Capitalism has created a form of legal and Imperial exploitation. The "free market" has no boarders. A staggering 70 per cent of all international trade is controlled by a mere 500 corporations. The state of our world is increasingly being determined in the boardrooms of these companies rather than by national governments... deregulation is all and corporations can seek their profit wheresoever they wish in the happy, clappy global market. All too often this means seeking the workers who can be paid the lowest wages. Basically; every single thing Marx predicted has come to be. Consumers create jobs, not capitalists. thevoiceofanarchy.wordpress.com/2014/09/18/libertarian-socialist-rants-videos/

[@thedude6664]

Todd McKissick I disagree. libertarian socialism is a participatory economic system. Majority rules. I think Karl Marx was bang on. The richest people get most of their money in capital gains. Capital is the governing power over labor and its products. The capitalist possesses this power, not on account of his personal or human qualities, but inasmuch as he is an owner of capital. His power is the purchasing power of his capital, which nothing can withstand. He steals of the people who are forced into an unfair relationship with him. Washington has promoted free trade principles only in sectors that benefit the U.S. economy; in other sectors, like textiles, protectionism reigns… Further liberalization in selected issues, old and new, will give Northern corporations more access to the resources of the South, thereby further debilitating the domestic economies of developing countries. The global political economy only suits the established states who have deeply entrenched infrastructure and governing institutions that allows them to extract cheap resources and labor from less established states. Capitalism has created a form of legal and Imperial exploitation. The "free market" has no boarders. A staggering 70 per cent of all international trade is controlled by a mere 500 corporations. The state of our world is increasingly being determined in the boardrooms of these companies rather than by national governments... deregulation is all and corporations can seek their profit wheresoever they wish in the happy, clappy global market. All too often this means seeking the workers who can be paid the lowest wages. Basically; every single thing Marx predicted has come to be. Consumers create jobs, not capitalists. The only way to achieve these things you talk of is for the community to own production with a participatory economic system. thevoiceofanarchy.wordpress.com/2014/09/18/libertarian-socialist-rants-videos/ In participatory economics, if someone has an idea for a business they pitch it at a council meeting. There is democracy in all places that effect ones life. Democracy at work council, democracy at community council, all the way up to the top. Everyone is born into an even playing field were effort and productivity and creativity is rewarded. Earning respect from your work mates will get you further than having the contacts in management. People would have much greater freedom to shape their community. There is full transparency on production costs. Full employment can be achieved. It is a resource based economy.

[@noneofyourbusiness5433]

What an outstanding doco this was!!!! Well done! I live in Aus and we are currently in the thick of it. Property along the east coast has risen to ridiculous levels. Interest rates have been the lowest ever and we have a property "bubble". Now after watching it happen the central bank is suddenly concerned and has told the banks to restrict lending. The only thing we had going was a construction boom, which has led to an over supply in apartments along the east coast. As credit growth slows, as it will due to the restrictions, plus the over supply issue, and the fact we have the second highest household debt levels on the planet......it seems there is only one possible outcome. These cunts are trying to create a one world government.....and it's working.

[@davkevful]

This is why the founders of our Constitution in the USA made a point of telling its citizens to never let these fools ever get a hold of the money supply and the food supply...NO ONE LISTENED.

[@markrobertmurphysr]

TAHTS BECWASE' JAPAN WAS ONLY PAYING 25% OF COMITMINTS OF US ARMED FORCES ' REQWIRED ' MAINTENCE OF WAR SHIPS;DEVELOPMINT/TEKNOLIGY- AS PROTECTION [REGURDING USA AHGREMINTS[WWII]- WE PROVIDED GOLD DEPOSETS [ LOAN ] TO REBUILD. THUS TRUMP ' DEMANDED MORE LAST YR WHN ELECTED,,,,,,,50/50

[@Michael--12]

Yes, what many know as central banks or world bankers, the Rothschilds, Bilderbergs , Rockefellers , illuminati, Freemasons, elite, ect., are Satan's children, the Kenites or sons of Cain. Our Heavenly Father tells us who these people are all throughout the bible. In both old and new testaments. When Jesus was talking to the seven churches of these end times in Rev CH 2 & 3, only two of these churches Jesus found no fault with. Both these churches know of and teach who those are that say they are Jews ( of our brother Judah ), and are not, but do lie and are of the synagogue of Satan ( Rev CH 2:9 & 3:9). And they are bringing about the first beast in Rev CH 13 ( the one world political system ), and ushering in their father satan. After the first beast (NWO) in Rev CH 13 actually comes into being, it will receive a deadly wound, or fall apart. ( Rev CH 13 ). Then the 2nd beast in Rev CH 13 will heal the deadly wound. This beast is none other than satan himself. He ( satan ) will heal the deadly wound and come claiming to be Jesus ( God ), 2 Thess CH 2. Now it will be a one world religious system. This will happen at 666, the 6th seal, the 6th trump, and the 6th vial. The true Christ, our Lord and Savior Jesus Christ doesn't return until the last trump, the 7th. Satan wants to be worshipped by all. He will be very deceptive and supernatural. Rev CH 12:9 says he will deceive the whole world. Rev CH 13:13 - 14 says , he will work miracles and bring fire ( lightning ) down from heaven to the earth in the sight of men, and will deceive those that dwell on earth by means of those miracles. So we see they will succeed with their plan and goal , of a one world political system ; for it is written.

[@shafirahaman]

@randommental The world is working for 1% and they are pleased to announce the Arrivals of the Antichrist. The atom bomb is not a Joke and the Economy bomb either. The one world. Government is the Govenmnet of Aliens (The Jinn). The Quran explained it in very clearly, we are after all born to die. And DIE to give our accounts of our worldly life to our CREATOR (There is only One GOD).

[@garviniantso]

Revisiting this comment a year later. Credit has been restricted, and property prices have fallen 8% nationally over the past year.

[@chris432t6]

Great documentary. Much respect for the gentleman named Richard who speaks a few times in the documentary. Sad, but informative. Thank you.

[@_LoremIpsum]

The parallels between Japan and Italy are astonishing

[@finarfin9939]

The pattern of boom and bust is uncanny with one caveat. Japan had faced issues that the western world is facing, a few decades later.

[@guyindecatur]

Thomas Jefferson warned the young nation of exactly that - boom and bust.

[@KINGOFOUTWEST]

Great film spent my workday watching. Kept me wanting to see more.

[@franciscobizzaro]

Professor Werner is up there with the best of men

[@taylenday]

Seriously great documentary. Thank you for sharing this and educating us. Wondering what we can learn from this during this pandemic.

[@MrDonny27]

2020 and this is going on in USA. Cheap money coming to economy. Houses overpriced. Repo market everyday pumping billon into banks.Stock market at all time high.

[@stephenverchinski409]

Overpriced military offense complex, overpriced equity into fossil fuels, overpriced housing and autos. This is a crisis in governance. There is no accountability.

[@dinosaurusdog9118]

it already started 10 yrs ago buddy. we are only half way there.

[@thelastaustralian7583]

shoehead_82 Captivated still within its seemingly sub conscious dominant evolution. The Homo Sapiens continue to express behaviour consciously of Self destruction.

[@humboldthammer]

Many are waking up. but they still do not see the Luciferian deceit. Next, it's WAR: God vs God vs God vs God vs Not God -- every desperate nation for itself . . . in the Name of GAUD (Matthew 7: 22) Grand Architect of Ur Destruction -- Abraham's Ur. THEN, on 09/23/26, the Jubilee to forgive ALL OUR DEBTS. Hint: Lucifer 8.0, the Neo Eon Currencies, and the Plan to Perfect Humanity.

[@edinnorthcarolina--ovelhog5786]

Truth.

[@xchazz86]

These should be apart of every text book in every university in all soverign countries.

[@naoyot2777]

You need to study bit deeper. --------- From my study, the Japanese economy burst resulting from the agreement that had been taken place in 1985 , commonly known as The Plaza Agreement held at the Plaza hotel in New York City(which was not mentioned in this clip). During this time, American industry was having enormous difficulties to sell "American-made goods and services" globally because of the strong currency(dollar) against the Japanese yen, Dutsche Mark, French Franc and British pound. The major American companies such as grain exporters, car producers, engineering companies and high-tech put the pressure on Congress passing protectionist laws that ultimately led to the Plaza Agreement which turned out to be significantly successful for American industry. As a result of the Plaza Accord, the exchange rate value of the dollar versus the yen declined 51% from 1985 to 1987. (within three years after the agreement, Japanese yen suddenly gained the value more than double to 120 USD/JPY from 242 USD/JPY.) This is the major reason why Japanese economy suddenly burst NOT because as this clip is saying. Japanese government had no choice but signing on the agreement regardless knowing how much impact this could bring to Japanese economy. That's how much powerful America was(is) to Japan and not surprisingly the very similar thing is happening currently over China. America always somehow interfere other countries and shake them to the core so that they can get the most profit out of everything even if those profit was forcibly made off someone else's losses. Japan obviously could not continue to grow their economy especially in the time that America was tremendously going through the economy crises.

[@marindraganov8765]

@@naoyot2777 Mmm, I am not really sure you can compare Japan and China. Yes, we all know that Japan (also Germany and South Korea for that matter) are practically occupied by the US. China is much a different matter. China can stand its ground versus the US. The only other nation apart from the obvious Russia that can do that is France which though rarely chooses to do so.

[@mikenewman2901]

Sovereign countries? Don’t be silly now

[@heatherk4401]

The Rothschilds own the Fed (not a government agency and is unconstitutional) and all the central banks in the world including IMF. The Rockefeller own the rest like big pharma, poisonous gas manufacturing and the education system including Harvard. They tell them what and what not to teach. These two have satanic/reptilian bloodlines. Bill gates is related to Darwin and Rockefeller.

[@thelouster5815]

Heather K Bruh, chill. The rabbit hole’s deep but not that deep.

[@Cornel1001]

"EU has an interest in weakening the the central governments" as strange may sound,I am supporter of this concept in case Romania. Our government is biggest problem in our country. Regarding the "yen story" is one of the best economic lesson in my life. I will watch again and again.

[@chaddy2409]

You dont want to be ruled by the EU, it will be even worse!

[@PorgyGeorgy1]

Lol Fellow Romanian here, and I agree. Let's hope AUR won't win the elections.

[@Cornel1001]

A party came and go ! The socialist party did not go from power in the last 30 years ! This is a huge problem !

[@PorgyGeorgy1]

@@Cornel1001 It's because we live in a mafia state. And all the good, competent people leave the country, and we're left mostly with the rot. But I am afraid that AUR wants to take us out of the EU to do Russia's bidding.

[@212025510]

I'm happy that you call the EU's interest to create the United States of Europe. That took me a long time to understand. It's not about free markets or free movement of people, it's all about creating a European superstate. And the documentary is extremely interesting, mainly the behaviour of the Bank of Japan and its intentional inflation of the bubble is very interesting.

[@RockstahRolln]

Incredible work!! I am going to share this to many sleeping sheep

[@user-ti4dl8tw7h]

Yep, surreptitiously inserting this video into my unrelated playlists to increase viewings (to those unsuspected sleeping populous... 😴🐑

[@ryansperception]

Unfortunately they won’t wake

[@martinfederico7269]

That’s what I and most of the people who watch this documentary have thought and done, still naively hoping they will watch it, when we know they won’t. Maybe if it was 3 minutes long they would, but even then I’d doubt it.

[@MsMikeytt]

Fantastic documentary! Very informative and interesting. Well researched and communicated in an easy to understand way.

[@peter.knupffer]

I'm glad the internet is sharing this knowledge far and wide

[@joshshepherd5660]

As a side note to all the relevant information in this video; I can remember as a kid hearing my parents, the news, and even movies always portraying the Japanese business/economy as the result of intellectual prowus, shrewd business decisions, and generally just the people doing very well. It is absolutely fascinating and....honestly terrifying...to know that we are all subject to the whims of Central banking. Personally I responded to this knowledge years ago by refusing to have any part of loans or credit. I will never be wealthy but I will always be free. Fuck their whims.

[@dustybahLs]

U will own nothing and like it 😆

[@whiteyfisk9769]

Well now youre just being anti-semitic

[@imhassane]

@@whiteyfisk9769 you are the goat 😂

[@rabbiezekielgoldberg2497]

@@whiteyfisk9769 If refusing to go into debt is anti-semitic, then we need more people refusing to go into debt.

[@BitcoinerPhilippines]

@@dustybahLs bitcoin

[@SM-np2cx]

Great Video.I was working in SE Asia at the time when the financial crisis erupted and was laid off.I never fully understood what happened as things were going on so well before.It is all clear now.The little guy on the street is a mere pawn and has to suffer the consequences of the games the elite powerbrokers play.

[@hamidmalmo7664]

Solar Flare good morning. that was the case since the dawn of men.

[@markrobertmurphysr]

DIDNT THAY TELL U,,,,,,,MONEY WINOR LOSE GOES TO MONEY

[@nicholastrice8750]

Yep.

[@nicholastrice8750]

Yep.

[@user-ti4dl8tw7h]

Yes, including job loss, homelessness, even suicides :(

[@pahakuutti]

Central banks will crash the economies of "independent" nations until their central banks are made" independent". This is why we now have 201 and 19.

[@warden902]

✡️

[@dwaynehunt3714]

Tnks for the docu.Very insightfull

[@srypWned]

wonderful documentary, extraordinary wisdom shared. Thank you and hopefully we can use this information to have a positive impact in the world.

[@DS-xk6yr]

Eye opening. Thanks for making this.

[@tishsimonnet5376]

George Gammon and Rebel Capitalist brought me here

[@douglasdavidmisascamacho6459]

GREAT content

[@GT380man]

This is a superb documentary. Though called Princes of the Yen, it’s really a description, in detail in the case of Japan, much less in Asia and the EU, how it has been that all financial power in the world has fallen to the Bank of International Settlements in Switzerland. Each national central bank is wrongly viewed as somehow owned by that nation. Nothing is further from the truth. Each is privately held. Their agendas are global and directed by a very small group of people. What they’ve accomplished since WW2 is to arrange that all central banks sit under BIS. And that was necessary in order that global CBDC could be introduced & thereby digital tyranny imposed on all the peoples of the world. They’ve known exactly what they were doing. First the takeover of the US financial system over a century ago, to today. An unbroken line of intent. I’m afraid their final objectives are nothing less than tyrannical and I believe diabolical, literally.

[@siddhantkhorjuvekar]

This brings me to my mind Role of our Indian central bank and it's governor Raghuram Rajan. Who used to be former IMF advisor , PhD from MIT and many other degrees was made central Bank chief..... He too was arguing that government is interfering in central banks role and asking for its independence . Little did we know what was going on behind closed doors...

[@killermachine6454]

Can you please explain more i am interested

[@sumonechan8514]

These are the things that you guys should pay attention to. Have you guys noticed about the headlines of Economic Times about India lately? It's all doom and glooms and then chanting for more privatization and de-nationalization. Are there any news that drew away the attention of the India population lately? Death of some celebrities may be?

[@bjxneet]

your work is most appreciated thank you so much for this wonderful piece of documentary. it's an eye opening for me

[@IndependentPOV]

+oki haykal Thanks

[@Break1815]

+QueuePolitely Absolutly fantastic, , Kudos , muchas gracias

[@mohitajay69]

oki haykal i

[@leekevin1193]

Bet there will be another Documentary film great like this depicting how those wild things happened in the giant growth of the financial world in the last 3yrs of covid time and how the bubble finally broke in 2022 by the intervention of the U.S. government( could be positive in the long run) and the crisis closely came along. Just waiting for the history to be written and to review the difficulties and foresight within from a sober perspective years later.

[@kaidoluht1957]

you can bet on that

[@pecfree]

I love that American economist reporter. He knew what was up and was trying to expose it. A hero

[@donaldverani3794]

This documentary has completely changed my opinion on Brexit! I’m now a supporter of Britain to leave the European Union and maintain its independence 🤔👌🏾

[@Pilotalphapapa]

Donald Verani the UK doesn’t use the Euro they have their own central bank

[@donaldverani3794]

A P It’s the influence of the European Central Bank on the creation of polices that will affect all EU members that worry me! Germany has the biggest Economy in Europe and henceforth has the greatest influence on the European Central Bank...

[@es8559]

EU WAS FOUNDED BY AN ACTUAL 3RD REICH NAZI AND BUILT ON NAZI PRINCIPLES OF GLOBAL CONTROL. EU=NAZI HEGIMONY. HEGGT1T7SWK.

[@willlawrence8756]

Wasn't the reason the ERG wanted the UK to leave was because the EU wants to bring in the Tobin/financial transactions tax? If we leave/when we leave, it will still leave offshore accounts which anyone can open in the UK City of London. All a scam, in or out!

[@williamdunnamjr972]

jack brandt SE is just spouting the nonsense he/she learned in the “education system” setup to obfuscate the truth. Or perhaps they are an agent of the people who wish to obfuscate the truth.

[@dvms75]

The stage is clear. The way out is through hard and independent work. Become successful and ignite change from a position of well-intentioned power. If your principles and values are rock solid, you will greatly contribute to shape a better world.

[@oinkooink]

The alternative is to spend half your life watching TV, the other half schlepping your way through a job you hate and the other half half drinking as much alcohol as you can, buying things online like it's going out of style, taking drugs and watching porn.

[@akirakurusu4215]

🤣

[@trentonarney6066]

This just started playing randomly on autoplay. What an eye opening documentary.

[@torisolomon4455]

Had to come back and revisit this after learning more about the Great Reset and the plan for Central Bank Digital Currencies. It grants Central Banks control over society sought after by the Japanese Central Bank in the documentary

[@kronossonork6994]

Read John Perkins book, Confessions of an Economic Hitman. He was an IMF insider turned whistleblower.

[@davidstanleyolson]

Perkins was a weasle but the book was fascinating.... The bankers will kill anyone who fight the central banks.

[@drokmo]

Thanks to Hugh Henry & Richard Werner that we get a glimpse of the real world we live in.

[@chaoswitch1974]

Woah, the way he said, "quantitative easing". 50:14

[@humanearthling4661]

@ ixtasis-- Good call! Yes, this is one of the euphemisms used for their nonsense of grand theft to begin with , to cover up truth for the ignorant.

[@hydrogreen1111]

Being on the back end of this good times are hard to die. In my neighborhood a slice of property is being sold that measures roughly 8 feet x 45 feet and is selling for around US$95,000. Nothing can actually be built on this slice of land standing next to a huge city concrete water containment facility.

[@missinformed4269]

A really fine piece of work. The workings of central banking and vulture capitalism made clear.

[@mariussielcken]

It's predatory capitalism. Vultures aren't predatory.

[@CarefreeRambler]

Hmmm... so similar to where we are in Canada. Central bank "forward guidance" they call it, incredible amount of corporate and personal bebt over inflated prices and taxation.

[@namenameson9065]

"The budget will balance itself." - Trudeau. No it won't. www.debtclock.ca/

[@NFFC-su8he]

Brilliant film, not given much exposure by the mainstream media.

[@jasminderbharij5861]

What an eye-opener.

[@abbamtenga2438]

I have been predicating this for years now. Finally someone has taken the step to point it out.. Within international circles of people that I know I came to learn a lot about the financial manipulations that were happening world wide.. And this is just scratching the surface.. This video is a gem

[@marybailey7881]

Could someone explain to me if Professor Richard Werner is a Keynesian who believes in Quantitative Easing policies similar to what we have seen during 2020-2022? I have watched this documentary several times, and I am confused why everyone seems to think this guy is great, if his beliefs are inflating an economy by devaluation of its currencies. This is good for rich people , as we have seen in 2020-2022, but bad for middle class and poor people who are NOT invested in the stock markets. Am I missing something here or does he not clearly advocate for this policy? Why everyone here seems to think this is a great idea?

[@darkododig4863]

Amazing documentary thank you Professor Werner for this! God bless you for your hard work and for exposing the truth.

[@markmartinbattle5318]

very good ,one of the few documentaries Have enjoyed in ages.

[@themillennialagent9257]

What a good watch, thanks china uncensored for recommending this !