RE: Japan Is Proof that Gold Glitters During Deflation.

You are viewing a single comment's thread from:

Japan Is Proof that Gold Glitters During Deflation.

in dtube •  5 years ago  (edited)

Japanese economy after WW2 was an experiment as scrap, build and crushing. Everything was planned and done by Japanese government and BOJ guided by Trilateral commission. It seems the plan has reached to the end. Since last September, rising gold price coupled with deteriorating Yen pushed yen-based gold price higher and higher. Gold is the best performing asset in Japan now undoubtedly.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Yes, have you watched the documentary "Princes of the Yen"? In this film, Professor Richard Werner shows how the Americans actually kept the Japanese economy under a war footing after WWII by having the Ministry of Finance and the BoJ centrally plan credit and industrial policy and how it worked really well until the Americans decided that had to change sometime back around the late 1980s. It's amazing how these Trilateralist experiment and play around with the peoples' well being. Here is a link to the documentary: