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The Father Of Quantitative Easing - Richard Werner | PBD Podcast | Ep. 161

PBD Podcast

CHAPTER

Why Did You Do This?

The Bank of Japan is directly telling the banks how much to lend. They forced the banks to create this property bubble which then had to completely blow up the banking system and create a situation where you then can have a 20-year recession if you want. The only way out would be to liquefy the economy and get it back on its feet - but that's not what they're doing right now.

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