“Central banks have the power to create economic, political and social change. This is how they do it.” This passage opens the film, and that is precisely what non-partisan political and socio-economic documentarian group QueuePolitely puts under the microscope in the Princes of the Yen. Based on a book by Professor Richard Werner and directed by Michael Oswald, the film aims to break down and simplify the ways in which central banks influence the world we live in.
“Mastery of filmmaking. An engaging and dynamic narrative supported by visual aesthetics”
Adapting ideas into film is never an easy thing to do, it requires skill and and a mastery of the filmmaking skill. As with 97% Owned, Queuepolitey have successfully navigated treacherous waters. The Princes of the Yen is a powerful and informative film that possesses visual aesthetics that are rarely seen in the independent filmmaking world.
Halfway through watching this simple but fascinating documentary, by the same team that made the equally eye-opening 97% Owned, a friend turned up. Instead of saying “How are you?” or “Wanna cup of tea?”, I said, “God, I’m watching this amazing documentary about economics in Japan and how the authorities there deliberately sabotaged the country’s economy, and the whole 1980s boom and bust was a fix, and the…” and on I burbled.
“Princes of the Yen reveals the power of money, finance and central banks. It is a fascinating look at the need for better public understanding of just how much money can affect the world we live in, and the need to ensure that those who have power over money – the banks and central banks – are watched very closely.”
“Blows open the widely held consensus that ‘independent’ central banks are a force for economic good. Based on the best-selling book by economist Richard Werner and using extensive archival material and sober narration, this film shines a light on to the fundamentals of our economic system – that is who creates money and for what – in a way that very few others have managed, or dared.”