DEBATE! Hugh Hendry vs. Richard Werner - Princes of the Yen and Central Banks

Prof. Richard Werner, author of Japanese #1 bestseller 'Princes of the Yen', and Hugh Hendry, former CIO of Eclectica Asset Management, discuss the catalyst behind the Japanese 90s recession and how the credit creation process was exploited by central banks to deliver Western structural and political change.

Japan witnessed miracle post-war economic growth until a turn of events caused Japan to enter a decade long recession, the "lost decade", ending in 2002. What changed and who orchestrate it?

Werner continues to explain how the Federal Reserve and European Central Bank (ECB) failed to correctly implement quantitative easing (a policy tool invented by Werner in 1995), and how they are inherently undemocratic in nature.

Princes of the Yen: https://quantumpublishers.com/

Subscribe to Prof. Richard Werner's substack: https://rwerner.substack.com