Princes of the Yen reveals how post-war Japanese society was transformed to suit the agenda of powerful interest groups, and how citizens were kept entirely in the dark about this. History is now repeating itself around the world.
Based on a book by Professor Richard Werner, a visiting researcher at the Bank of Japan during the 90s crash, during which the stock market dropped by 80% and house prices by up to 84%. The film uncovers how the Bank of Japan pumped up and then crashed the Japanese economy, with an aim of inducing change. Today, what happened in Japan 25 years ago is repeating itself in Europe, with an aim of centralizing power in the Eurozone.
The film shows why it is important for central banks to be accountable and transparent. It also explains how International Financial Organizations such as the IMF seek to impose conditions on countries that are mainly of benefit to dominant Western interests. For anyone interested in understanding recent developments and the significance of the establishment of institutions such as the AIIB and the BRICS led New Development Bank, Princes of the Yen provides the background.
Princes of the Yen reveals with clarity the control levers that underpin the dominant ideology of the 21st Century. Piece by piece, the reality is deconstructed to reveal the world as it is, not as those in power would like us to believe that it is.