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Princes of the Yen by Prof. Richard Werner

Richard Werner

 Richard Werner Exposes the Evils of the Fed & the Link Between Banking, War, and the CIA  Jul 28, 2025  The Tucker Carlson Show

World-renowned economist Richard Werner on where money comes from: banks just create it out of thin air, and keep a pile for themselves.

In this wide-ranging interview, Tucker Carlson sits down with economist Richard Werner to discuss his groundbreaking research into banking, money creation, and the systemic control exercised by central banks.

Key takeaways include:

  • The Mechanics of Money Creation: Werner explains that commercial banks, not just central banks, create the majority of the money supply in an economy by issuing loans, effectively creating money out of thin air (14:16-24:09). He argues that this power, if misdirected, leads to asset bubbles and financial instability rather than productive economic growth.
  • The Japanese Financial Crisis: Drawing on his time as a consultant in Japan during the 1990s, Werner details how he predicted the Japanese financial collapse. His book, Princes of the Yen, reveals how the Bank of Japan—often with external encouragement—deliberately orchestrated a recession to force structural changes and foreign investment (0:00-1:03; 1:33:11-1:35:42).
  • The Role of Central Banks and the CIA: Werner recounts his experiences after publishing his findings, including being blacklisted by the media, monitored by the CIA, and largely silenced in the Western press (1:35:42-1:47:24). He discusses how central banks maintain a “facade” to prevent the public from understanding how credit allocation is used to control economies and, in some cases, to facilitate debt traps for developing nations (2:29:49-2:35:34).
  • The Danger of CBDCs: Werner warns that Central Bank Digital Currency (CBDC) represents a sinister step toward total control, as it offers the technology for instant, programmable compliance, effectively turning money into a tool for social engineering and surveillance (2:35:34-2:40:19).

Chapters:

  • 0:00 How Werner Predicted the Japanese Financial Crisis
  • 14:16 How Banks Create Money From Nothing
  • 24:09 You’re Being Lied to About the Bank’s Role in Economics
  • 33:59 The Evils of the Federal Reserve
  • 38:51 Why Are Banks Allowed to Create Money?
  • 57:12 Was Leaving the Gold Standard a Mistake?
  • 1:09:30 The Difference Between Banks and Central Banks
  • 1:24:26 How Society and Culture Are Impacted by Banks
  • 1:33:11 Did the US Purposely Destroy the Japanese Economy?
  • 1:35:42 The Central Bank’s Attempt to Blacklist Werner
  • 1:39:03 The CIA’s Threat to Werner
  • 1:47:24 Why Werner’s Research on Credit Creation Scared the Central Banks
  • 2:03:55 The Link Between Central Banks and Warfare
  • 2:18:02 Where Is the US Economy Headed?
  • 2:29:49 The World Bank’s Debt Trap to Exploit Developing Countries
  • 2:35:34 The Dark Truth About Central Bank Digital Currency
  • 2:40:19 Where Can People Learn More About This?

Princes of the Yen by Prof. Richard Werner  Prof. Richard A. Werner, MA, D.Phil. (Oxon)

Where to buy the book:

Princes of the Yen

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