How Central Bankers Transformed Japan After World War II I SLICE HISTORY | FULL DOCUMENTARY

After World War II, Japan rose from devastation to become the world’s second-largest economy. Behind that extraordinary transformation stood a financial system in which the Bank of Japan could direct how much commercial banks lent and where the money went. The result was rapid growth, industrial expansion and rising living standards. In the 1980s, the same system helped fuel an enormous asset bubble before Japan entered decades of stagnation. Based on Richard Werner’s Princes of the Yen, the film examines the controversial claim that central bankers used credit creation, crisis and reform to reshape Japan’s economic and political structure. Documentary: Princes Of The Yen Directed by: Michael Oswald Production: Sideways Film (2003) #documentary #freedocumentary #world #history #figures #biography #war #doc #japan #bankofjapan #economicHistory #japaneseeconomy #princesoftheyen #centralbanks #assetbubble #lostdecade #historydocumentary