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4.0
86 reviewsPrinces of the Yen opens
the curtains and shows you how money works, who creates it and how it
is deployed to cause boom and bust cycles. Professor Werner reveals the
unexplored role of central banks and their grip on the economy through
their control of credit creation. Princes of the Yen reveals how
Japanese society was transformed to suit the agenda and desire of
powerful interest groups, and how citizens were kept in the dark about
this. This book poses an unprecedented challenge to the dominant
ideological belief system in economics and the control levers that
underpin it. Piece by piece, reality is deconstructed to reveal the
world as it is, not as those in power would like us to believe that it
is.
At the same time this book presents a new analysis of Japanese economic development in the 20th century
as well as the East Asian high growth growth model, which is based on
the Japanese system, and thus offers deep insights into the current
competition between competing economic systems.