Can central banks create booms and busts by manipulating the money supply? Do they do this in order to create a public consensus for economic, political and social change?
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"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 entirely in the dark about this. 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%.