How The Japanese Central Banks Reshaped Post-War Society Princes Of The Yen Timeline
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Date: 2022-07-19
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Comments and reviews: 20
Pat
There are some critical facts left out. After WW2 we learned from WW1 not to leave a country flattened like Europe did to Germany so Japan got huge US support. Because of the rise of communism in the region, the US wanted Japan to be the shining star of capitalism and democracy so MacArthur wrote the Japanese democratic constitution and designed their economic policy giving them a fix currency of 365 yen =$1, zero sales tax, free trade with the US, all export no import policy, open patent laws, technology transfer. Japan was protected by the US military thus spending zero on national defense. Huge capital came to Japan when US military rebuilt Japans infrastructure and put bases all up and down Japan. The Korean and Vietnam wars also brought in huge capital. Chinas economic policy is a carbon copy of Japans. Any patent was open for public view so they cloned everything from the US and Europe. Japan even had a fake McDonalds before they moved to Japan. When Japan exploded in the 80s, they crushed everyone so Ronald Regan then deregulated the Japanese yen thus making the yen triple in value overnight and made Japan 3x as wealthy as well as their land, and led to the Japan bubble popping. Even after the pop, it wasn't overnight. it was a slow process until Bill Clinton brought Japan to its knees in the trade war with the US by driving the yen to 90 = $1 and forced Japan to open up for free trade. It wasn't voluntary by Japan at all. After Japan had to play a fair game you will never see it again and those brilliant finance bankers are no longer so brilliant.
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There are some critical facts left out. After WW2 we learned from WW1 not to leave a country flattened like Europe did to Germany so Japan got huge US support. Because of the rise of communism in the region, the US wanted Japan to be the shining star of capitalism and democracy so MacArthur wrote the Japanese democratic constitution and designed their economic policy giving them a fix currency of 365 yen =$1, zero sales tax, free trade with the US, all export no import policy, open patent laws, technology transfer. Japan was protected by the US military thus spending zero on national defense. Huge capital came to Japan when US military rebuilt Japans infrastructure and put bases all up and down Japan. The Korean and Vietnam wars also brought in huge capital. Chinas economic policy is a carbon copy of Japans. Any patent was open for public view so they cloned everything from the US and Europe. Japan even had a fake McDonalds before they moved to Japan. When Japan exploded in the 80s, they crushed everyone so Ronald Regan then deregulated the Japanese yen thus making the yen triple in value overnight and made Japan 3x as wealthy as well as their land, and led to the Japan bubble popping. Even after the pop, it wasn't overnight. it was a slow process until Bill Clinton brought Japan to its knees in the trade war with the US by driving the yen to 90 = $1 and forced Japan to open up for free trade. It wasn't voluntary by Japan at all. After Japan had to play a fair game you will never see it again and those brilliant finance bankers are no longer so brilliant.
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Simcity
The most peculiar thing and I'm surprised nobody is mentioning this is the obvious deliberate mass traumatization of an entire country by the hands of a few extremely powerful interests namely the country that is occupying the said target country. It's not a conspiracy I'm literally just seeing step by step what has happened to Japan. The fact is that they played the capitalist game better than America and were punished for it.
Another interesting factor is that the key people behind the propaganda end up somehow setting up a modern education (brainwashing) for rest of Asia that still persists. I wonder if public universities and public schools in general are largely to control and limit the borders of our minds.
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The most peculiar thing and I'm surprised nobody is mentioning this is the obvious deliberate mass traumatization of an entire country by the hands of a few extremely powerful interests namely the country that is occupying the said target country. It's not a conspiracy I'm literally just seeing step by step what has happened to Japan. The fact is that they played the capitalist game better than America and were punished for it.
Another interesting factor is that the key people behind the propaganda end up somehow setting up a modern education (brainwashing) for rest of Asia that still persists. I wonder if public universities and public schools in general are largely to control and limit the borders of our minds.
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CTO
So Japan basically did not use any Western capitalist market model to achieve industrialization, and it was very successful. Even after Japan completed its industrialization, it wore an American-style institutional coat, but it was actually only a superficial interpretation of the phenomenon. China's current operating model is the same as Japan's, or it can be said that Japan's ideas are learned from Chinese history, and they only communicate with the West at the technical level, but their culture and ideas are Sinicized. East Asian countries can achieve stable and long-term development without needing the system of Western election games.
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So Japan basically did not use any Western capitalist market model to achieve industrialization, and it was very successful. Even after Japan completed its industrialization, it wore an American-style institutional coat, but it was actually only a superficial interpretation of the phenomenon. China's current operating model is the same as Japan's, or it can be said that Japan's ideas are learned from Chinese history, and they only communicate with the West at the technical level, but their culture and ideas are Sinicized. East Asian countries can achieve stable and long-term development without needing the system of Western election games.
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Fractional
At least the Japanese central bank is/was local to Japan. The U. S Dollar on the other hand is a de facto global currency, with many commodities deemed necessary to be priced in US Dollars - Oil, Copper, Wheat, Soya, Gold, coffee, etc. The U. S. Fed controls this global currency. If that fails? If you didn't know already, you now know why they have such a large military and why the U. S likes to throw its weight about on a global scale to any preceived threat to the Dollar. Be it political, economic, military. Thankfully Americans are cool headed. oh wait.
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At least the Japanese central bank is/was local to Japan. The U. S Dollar on the other hand is a de facto global currency, with many commodities deemed necessary to be priced in US Dollars - Oil, Copper, Wheat, Soya, Gold, coffee, etc. The U. S. Fed controls this global currency. If that fails? If you didn't know already, you now know why they have such a large military and why the U. S likes to throw its weight about on a global scale to any preceived threat to the Dollar. Be it political, economic, military. Thankfully Americans are cool headed. oh wait.
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AGina
1986 where my mother first left her home Philippines. then 1987 the president of Philippines Marcos force out and now rule for the people power. national beucratic machinery whom help build aircraft by using coke cola (sugar cane, abaca money made, or opium in relation to Afghanistan. Japan took to build the capital of manila from the invasion of the city covered under the little America 600 miles cover from Clark air base to capital of manila unless that! border line in front of our home are just plained cruelty.
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1986 where my mother first left her home Philippines. then 1987 the president of Philippines Marcos force out and now rule for the people power. national beucratic machinery whom help build aircraft by using coke cola (sugar cane, abaca money made, or opium in relation to Afghanistan. Japan took to build the capital of manila from the invasion of the city covered under the little America 600 miles cover from Clark air base to capital of manila unless that! border line in front of our home are just plained cruelty.
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Inconvenientx
This is very tentative and not well supported by sources in the documentary. The whole thing is really based on the opinions of one, somewhat troubled, German economist. Practically no other corroborating sources are provided.
There are many critics of the IMF. Major ones, like. Joe Stiglitz. But they tend to argue incompetence instead of conspiracy.
Anyway, correct or not, it's poor practice by the doc to rely so much on one source.
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This is very tentative and not well supported by sources in the documentary. The whole thing is really based on the opinions of one, somewhat troubled, German economist. Practically no other corroborating sources are provided.
There are many critics of the IMF. Major ones, like. Joe Stiglitz. But they tend to argue incompetence instead of conspiracy.
Anyway, correct or not, it's poor practice by the doc to rely so much on one source.
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CaseysLastGram
So their system was kinda too successful for actual citizens there but not very lucrative for shareholders. Meaning you needed to work to have a fullfilling life and not be a lazy speculator. Interesting. My opinion is the lazy rich that don't want to produce anything saw their days being numbered by this system and shut it down to return to speculative boom/bust systems they can manipulate and control.
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So their system was kinda too successful for actual citizens there but not very lucrative for shareholders. Meaning you needed to work to have a fullfilling life and not be a lazy speculator. Interesting. My opinion is the lazy rich that don't want to produce anything saw their days being numbered by this system and shut it down to return to speculative boom/bust systems they can manipulate and control.
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education
I saw one video dated 1997. After seeing this, I looked up info on him Richard Werner including how to get in touch with him, if it's even allowed. Also, Credit Creation (very informative, ECB and Maastricht Treaty. Knowing they can take our money (including precious metals etc)out of Banks at the drop of a hat, I'm researching possible safe places, like the Rich do to protect mine as well. 1/19/2022
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I saw one video dated 1997. After seeing this, I looked up info on him Richard Werner including how to get in touch with him, if it's even allowed. Also, Credit Creation (very informative, ECB and Maastricht Treaty. Knowing they can take our money (including precious metals etc)out of Banks at the drop of a hat, I'm researching possible safe places, like the Rich do to protect mine as well. 1/19/2022
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susan
A worthy historical presentation of how Central Banks (The Fed) manipulate entire economies and place into effect disastrous deregulations, neoliberal policies, and. free market capitalism. All of which sounds good at the time but will produce excessive wealth for the top 0. 01% while destroying a middle class, and producing an even larger poorer class with ever-growing poverty among the masses.
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A worthy historical presentation of how Central Banks (The Fed) manipulate entire economies and place into effect disastrous deregulations, neoliberal policies, and. free market capitalism. All of which sounds good at the time but will produce excessive wealth for the top 0. 01% while destroying a middle class, and producing an even larger poorer class with ever-growing poverty among the masses.
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Matthew
I find this documentary extremely opaque. If anyone has actually understood what point(s) it is trying to get across, please let me know what it means. Seventeenth-Century tracts on Samurai Strategies? What? Giant Bubbles? What? The whole thing makes no sense at all. But perhaps I am just a neophyte at esoteric international finance. So sorry. I give up. I am unsubscribing. Si Yo Nara.
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I find this documentary extremely opaque. If anyone has actually understood what point(s) it is trying to get across, please let me know what it means. Seventeenth-Century tracts on Samurai Strategies? What? Giant Bubbles? What? The whole thing makes no sense at all. But perhaps I am just a neophyte at esoteric international finance. So sorry. I give up. I am unsubscribing. Si Yo Nara.
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Dasmusix
This is what happens when banks are in control of the world. Everyone knows who runs the banks right? This is what WW2 was ACTUALLY about. bankers controlling the world. But victors wrote the history books and the entire world was finessed by bankers to believe otherwise. Its happening again as well
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This is what happens when banks are in control of the world. Everyone knows who runs the banks right? This is what WW2 was ACTUALLY about. bankers controlling the world. But victors wrote the history books and the entire world was finessed by bankers to believe otherwise. Its happening again as well
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Kenny
why did the bank of japan force the bubble on to the japanese people? Or in other words who did benefit from these anticipated economic policy changes? The result is low growth for decades, debt accumulation, bankruptcies and higher wealth inequality. This is scandalous and unbelievable.
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why did the bank of japan force the bubble on to the japanese people? Or in other words who did benefit from these anticipated economic policy changes? The result is low growth for decades, debt accumulation, bankruptcies and higher wealth inequality. This is scandalous and unbelievable.
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Ana
It is very interesting now to see how Americans viewed Japanese elite and took their lands. These are communist moves and supported by Americans. But if that happened in America, it would be a communist crime and throw the country into crisis like it is now. Such historical hypocrisy
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It is very interesting now to see how Americans viewed Japanese elite and took their lands. These are communist moves and supported by Americans. But if that happened in America, it would be a communist crime and throw the country into crisis like it is now. Such historical hypocrisy
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Zerox
A thousand trillion dollars! How much does an American Senator cost? How much is a Congessman, Governor, or Sectetary of State. The world, including its population, the herd, is owned by mega rich families. In a manner, we do live in a matrix, but there is no pill for escape.
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A thousand trillion dollars! How much does an American Senator cost? How much is a Congessman, Governor, or Sectetary of State. The world, including its population, the herd, is owned by mega rich families. In a manner, we do live in a matrix, but there is no pill for escape.
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leonardleonunu
The video has the right title for the first 1/2 of the video, the 2nd part should be called 21st century colonization - America's imposing 'free economy' to the world by colonizing them economically, through self printed monies.
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The video has the right title for the first 1/2 of the video, the 2nd part should be called 21st century colonization - America's imposing 'free economy' to the world by colonizing them economically, through self printed monies.
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Panji
I wouldnt say that all Central Banks (CB) are bad. But, its mystery, secrecy, and vested interests in many walks of life needs to shift to that of the public. And not that of the several few.
Absolute Power Corrupts Absolutely
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I wouldnt say that all Central Banks (CB) are bad. But, its mystery, secrecy, and vested interests in many walks of life needs to shift to that of the public. And not that of the several few.
Absolute Power Corrupts Absolutely
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Lawrence
It is not that I am against advertisements, but the number of advertisements and the length of the advertisements is just tech extortion. Might as well call this AD Tube. So at this point I am going to uninstall You Tube.
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It is not that I am against advertisements, but the number of advertisements and the length of the advertisements is just tech extortion. Might as well call this AD Tube. So at this point I am going to uninstall You Tube.
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AVICommunications
Very interesting as a video producer, I find the very small font choice (CG) very poor and in many cases, white letters over white background is a poor choice. Its a detractor to the post production product
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Very interesting as a video producer, I find the very small font choice (CG) very poor and in many cases, white letters over white background is a poor choice. Its a detractor to the post production product
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Reality
This makes me wonder what would have happend in the USSR if they had taken their war time economy and switched it to consumer goods.
The free market fanboys must be in tears if they ever make it through this doc.
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This makes me wonder what would have happend in the USSR if they had taken their war time economy and switched it to consumer goods.
The free market fanboys must be in tears if they ever make it through this doc.
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John
So far - they neglect the US policy of buying everything Japan could make a primary cause of the collapse in the 80s 90s was the ending of that policy. But Im not even half way through the film so - well see!
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So far - they neglect the US policy of buying everything Japan could make a primary cause of the collapse in the 80s 90s was the ending of that policy. But Im not even half way through the film so - well see!
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