{"id":35541,"date":"2025-08-05T11:36:06","date_gmt":"2025-08-05T11:36:06","guid":{"rendered":"https:\/\/www.duck9.com\/blog\/?p=35541"},"modified":"2025-08-05T07:36:54","modified_gmt":"2025-08-05T11:36:54","slug":"princess-of-the-yen-sounds-like-princess-heterodox-views-just-became-docs-dox-and-doxx-views","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/princess-of-the-yen-sounds-like-princess-heterodox-views-just-became-docs-dox-and-doxx-views\/","title":{"rendered":"Princes\u2019s of the Yen Sounds like Princess heterodox views just became Docs Dox and Doxx views"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"ltr\"> The X post you linked to (from user @LucienWolfe111) is a commentary on a podcast episode hosted by Tucker Carlson, featuring an interview with economist Richard Werner. The post highlights Werner&#8217;s key claims about the banking system, framing it as a critique of modern finance. Here&#8217;s a breakdown:<\/p>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">### Post Content<\/div>\n<div dir=\"ltr\">&#8211; **Author**: Lucien Wolfe (@LucienWolfe111), whose bio describes him as a truth-teller who &#8220;weaponizes facts&#8221; and positions himself as an &#8220;American threat&#8221; against censorship.<\/div>\n<div dir=\"ltr\">&#8211; **Timestamp**: July 28, 2025.<\/div>\n<div dir=\"ltr\">&#8211; **Text**: &#8220;Richard Werner said it out loud: Banks don\u2019t lend money\u2014they invent it. Out of thin air. Digits on a screen. And they profit off the interest like it was theirs to begin with. The Fed? Just a cartel in a suit. CBDCs? A leash with a barcode. And if you expose this scam, they blacklist you\u2014or worse. Why do we still pretend this is economics and not organized theft?&#8221;<\/div>\n<div dir=\"ltr\">&#8211; **Engagement**: As of now, it has garnered around 558 likes, 151 reposts, 3 quotes, 34 replies, 50 bookmarks, and over 19,000 views. This indicates moderate interest, likely driven by its connection to Carlson&#8217;s larger audience.<\/div>\n<div dir=\"ltr\">&#8211; **Context**: This is a reply to a main post by Tucker Carlson (@TuckerCarlson), announcing Episode 145 of his podcast. Carlson&#8217;s post includes a video (duration ~2.7 hours) of the interview with Werner, titled &#8220;World-renowned economist Richard Werner on where money comes from: banks just create it out of thin air, and keep a pile for themselves.&#8221; It lists timestamps for topics like money creation, the Federal Reserve&#8217;s role, leaving the gold standard, and central banks&#8217; links to warfare. Carlson notes it includes paid partnerships.<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">### Analysis of the Linked Video (Podcast Interview)<\/div>\n<div dir=\"ltr\">The post essentially distills the core themes from Werner&#8217;s interview with Carlson. I analyzed the video content, which aligns closely with the post&#8217;s claims. Werner, a German economist known for his work on banking and credit creation, argues that banks don&#8217;t merely lend deposited money but create new money digitally when issuing loans. Key points from the interview:<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">&#8211; **Money Creation**: Banks &#8220;invent&#8221; money ex nihilo (out of nothing) via accounting entries. Werner empirically tested this by taking out a loan and observing bank records\u2014no pre-existing funds are transferred; it&#8217;s just digits added to accounts. He contrasts this with mainstream economic theories that portray banks as intermediaries.<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">&#8211; **Federal Reserve Critique**: Werner calls the Fed a &#8220;cartel in a suit,&#8221; accusing it of enabling boom-bust cycles, suppressing growth in developing countries through debt traps, and historically causing events like the Great Depression by allowing banks to fail (e.g., 10,000 U.S. banks in the 1930s). He links central banks to warfare, noting the Bank of England&#8217;s founding in 1694 explicitly aimed to fund wars.<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">&#8211; **CBDCs as Control**: Werner warns that Central Bank Digital Currencies (CBDCs) are programmable, allowing authorities to enforce compliance (e.g., restricting spending based on carbon footprints, location, or criticism). He sees them as a tool for centralization, potentially eliminating smaller banks and enabling surveillance, describing them as &#8220;a leash with a barcode.&#8221;<\/div>\n<div dir=\"ltr\">&#8211; **Consequences of Exposure**: Werner shares personal anecdotes of backlash, including CIA surveillance after his book *Princes of the Yen* (2001) exposed similar mechanisms in Japan. He claims central banks blacklist critics, citing his own experiences like canceled media appearances and threats.<\/div>\n<div dir=\"ltr\">&#8211; **Broader Implications**: Werner argues for decentralizing banking with many small, local banks to foster growth (e.g., China&#8217;s post-1978 boom via thousands of regional banks). He critiques low interest rates as not stimulating growth (contrary to dogma) and ties fiat money to exploitation, advocating a return to productive credit allocation over asset bubbles.<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">The interview draws from Werner&#8217;s research, including his 1991 prediction of Japan&#8217;s banking crisis and invention of &#8220;quantitative easing&#8221; (QE) in 1995 as a recovery tool\u2014though he says central banks like the Fed and Bank of Japan misused it to prolong crises.<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">### Replies and Community Reaction<\/div>\n<div dir=\"ltr\">The post has sparked a mix of agreement, conspiracy theories, and skepticism in replies (34 as of now):<\/div>\n<div dir=\"ltr\">&#8211; Many echo the post&#8217;s sentiment, blaming distractions like &#8220;woke&#8221; politics or DEI for diverting attention from banking issues (e.g., @Chansenz101&#8217;s reply links it to wealth disparity).<\/div>\n<div dir=\"ltr\">&#8211; Some share resources, like @ombudsman4truth linking to a blog on money and inflation.<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">&#8211; Critics question the mechanics (e.g., @MrGlass2025 asks why banks don&#8217;t &#8220;buy everything&#8221; if they print money) or accuse the post of AI generation (@ClearViewXX).<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">&#8211; Others tie it to historical figures (e.g., @jardeneria mentions Jewish financiers in the Bank of England&#8217;s history) or global shifts (@tunnelportterr1 on BRICS breaking from the Fed system).<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">&#8211; Overall, replies show polarization: supporters see it as exposing &#8220;theft,&#8221; while detractors dismiss it as oversimplified or conspiratorial.<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">Overall Assessment<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">This post amplifies Werner&#8217;s heterodox views, which challenge conventional economics by emphasizing banks&#8217; money-creation power as a tool for control and inequality. It&#8217;s part of a broader conservative-leaning discourse on X critiquing institutions like the Fed. The video (linked in Carlson&#8217;s post) is the core content\u2014worth watching for depth, as Werner&#8217;s arguments are data-backed and draw from his experiences in Japan and global finance. If you&#8217;re interested in similar topics, Werner&#8217;s book *Princes of the Yen* (available in English) expands on these ideas, including Japan&#8217;s &#8220;lost decades&#8221; and central bank manipulations. For real-time updates, his Substack (rwerner.substack.com) covers current economic analyses.<\/div>\n<div dir=\"ltr\"><\/div>\n<p><meta http-equiv=\"content-type\" content=\"text\/html; charset=utf-8\"><\/p>\n<div dir=\"ltr\">\n<div dir=\"ltr\">World-renowned economist Richard Werner on where money comes from: banks just create it out of thin air, and keep a pile for themselves.<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">(0:00) How Werner Predicted the Japanese Financial Crisis<\/div>\n<div dir=\"ltr\">(14:16) How Banks Create Money From Nothing<\/div>\n<div dir=\"ltr\">(24:09) You\u2019re Being Lied to About the Bank\u2019s Role in Economics<\/div>\n<div dir=\"ltr\">(33:59) The Evils of the Federal Reserve<\/div>\n<div dir=\"ltr\">(38:51) Why Are Banks Allowed to Create Money?<\/div>\n<div dir=\"ltr\">(57:12) Was Leaving the Gold Standard a Mistake?<\/div>\n<div dir=\"ltr\">(1:09:30) The Difference Between Banks and Central Banks<\/div>\n<div dir=\"ltr\">(1:24:26) How Society and Culture Are Impacted by Banks<\/div>\n<div dir=\"ltr\">(1:33:11) Did the US Purposely Destroy the Japanese Economy?<\/div>\n<div dir=\"ltr\">(1:35:42) The Central Bank\u2019s Attempt to Blacklist Werner<\/div>\n<div dir=\"ltr\">(1:39:03) The CIA\u2019s Threat to Werner<\/div>\n<div dir=\"ltr\">(1:47:24) Why Werner\u2019s Research on Credit Creation Scared the Central Banks<\/div>\n<div dir=\"ltr\">(2:03:55) The Link Between Central Banks and Warfare<\/div>\n<div dir=\"ltr\">(2:18:02) Where Is the US Economy Headed?<\/div>\n<div dir=\"ltr\">(2:29:49) The World Bank\u2019s Debt Trap to Exploit Developing Countries<\/div>\n<div dir=\"ltr\">(2:35:34) The Dark Truth About Central Bank Digital Currency<\/div>\n<div dir=\"ltr\">(2:40:19) Where Can People Learn More About This?<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">Includes paid partnerships.<\/div>\n<p><a href=\"https:\/\/x.com\/tuckercarlson\/status\/1949877681027166608?s=43\"><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" style=\"border:1px solid #ccd6dd; border-radius: 12px;\" width=\"500\" bgcolor=\"#ffffff\">\n<tbody>\n<tr>\n<td colspan=\"3\" style=\"font-size: 0px; line-height: 0px;\" height=\"12\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<td>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" width=\"464\" align=\"left\">\n<tbody>\n<tr valign=\"top\">\n<td width=\"48\" valign=\"top\"><a href=\"https:\/\/x.com\/tuckercarlson?s=43\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/1666923736132460544\/9LWCHVOp_normal.jpg\" style=\"border-radius: 50%; padding: 0px;\" height=\"48\" width=\"48\" data-unique-identifier=\"\"><\/a><\/td>\n<td width=\"8\" style=\"font-size: 0px; line-height: 0px; min-width:8px;\"><img decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/spacer.png\" width=\"8\" data-unique-identifier=\"\"><\/td>\n<td valign=\"middle\" width=\"388\" style=\"min-width: 388px;\">\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" align=\"left\" width=\"388\">\n<tbody>\n<tr>\n<td align=\"left\" width=\"388\"><b><a href=\"https:\/\/x.com\/tuckercarlson?s=43\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; color: #292c2f; text-decoration: none;\">Tucker Carlson<\/a><\/b><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><a href=\"https:\/\/x.com\/tuckercarlson?s=43\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; text-decoration: none; color: #7e8c98;\">\u2066\u202a@TuckerCarlson\u202c\u2069<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td valign=\"top\" width=\"20\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/logo_twitter-1497383721365.png\" height=\"20\" width=\"24\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td height=\"9\" colspan=\"4\" style=\"font-size: 0px; line-height:0px;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/self_serve\/media\/spacer_464x1-1582829598167.png\" width=\"464\" height=\"1\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"font-family: Helvetica, Arial, san-serif;color: #292c2f; font-size: 18px; line-height: 24px; text-decoration: none;\">World-renowned economist Richard Werner on where money comes from: banks just create it out of thin air, and keep a pile for themselves.<\/p>\n<p>() How Werner Predicted the Japanese Financial Crisis<br \/>() How Banks Create Money From Nothing<br \/>() You\u2019re Being Lied to About the <a href=\"https:\/\/t.co\/Np4yTpiETZ\"><span>pic.x.com\/Np4yTpiETZ<\/span><\/a><\/td>\n<\/tr>\n<tr>\n<td height=\"3\" colspan=\"4\" style=\"font-size: 0px; line-height:0px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\"><a href=\"https:\/\/x.com\/tuckercarlson\/status\/1949877681027166608?s=43\" style=\"font-family: Helvetica, Arial, san-serif;color: #667785; font-size: 14px; line-height: 18px; text-decoration:none;\">7\/28\/25, 12:00\u202fPM<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" style=\"font-size: 0px; line-height: 0px;\" height=\"12\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/a><\/div>\n<p><br id=\"lineBreakAtBeginningOfSignature\"><\/p>\n<div dir=\"ltr\">\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><span dir=\"ltr\">Steve Jobs Texted me on 650-283-8008 in the same way that Mr Jobs called Bill Hewlett&nbsp;<\/span><\/span><a href=\"https:\/\/x.com\/superSaiyanSkai\/status\/1941392367304761636\/video\/1\" style=\"font-size: 17pt;\">https:\/\/x.com\/superSaiyanSkai\/status\/1941392367304761636\/video\/1<\/a><\/div>\n<p><span dir=\"ltr\"><\/p>\n<div style=\"background-color: rgba(255, 255, 255, 0);\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><span dir=\"ltr\"><br \/><\/span><\/span><\/div>\n<div style=\"background-color: rgba(255, 255, 255, 0);\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><span dir=\"ltr\">Larry Chiang<\/span><\/span><\/div>\n<div style=\"background-color: rgba(255, 255, 255, 0);\">Fund of Founders<\/div>\n<div style=\"background-color: rgba(255, 255, 255, 0);\">Founding Stanford EIR<\/div>\n<div style=\"background-color: rgba(255, 255, 255, 0);\">@duck9 alum, Deeply Understood Capital Credit Chinese Knowledge 9<\/div>\n<div style=\"background-color: rgba(255, 255, 255, 0);\">Solo Founder Uber API<\/div>\n<div style=\"background-color: rgba(255, 255, 255, 0);\">650-566-9600 Office<\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">650-566-9696 Direct<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">Cell: 415-720-8500&nbsp;<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">650-283-8008 (cell)<\/span><\/div>\n<div style=\"background-color: rgba(255, 255, 255, 0);\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><span dir=\"ltr\"><br \/><\/span><\/span><\/div>\n<p><span style=\"background-color: rgba(255, 255, 255, 0);\">9:59<\/span><\/span><span style=\"background-color: rgba(255, 255, 255, 0);\">&nbsp;video sums up 14 chapters of a book coming out 11-11-2039 &#8220;What They Will NEVER Teach You at Stanford Business School&#8221;<\/span><br \/><span dir=\"ltr\" style=\"background-color: rgba(255, 255, 255, 0);\">http:\/\/www.youtube.com\/watch?v=ejeIz4EhoJ0<\/span><\/p>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/>Fashion Week&#8217;s front row<br \/><span dir=\"ltr\">http:\/\/www.youtube.com\/watch?v=QXIaNZi3mHQ<\/span><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/>What A Super Model Can Teach a Harvard MBA About Credit&nbsp;<span dir=\"ltr\"><a href=\"http:\/\/www.slideshare.net\/larrychiang\/what-a-super-model-can-teach-a-harvard-mba-about-credit\">www.slideshare.net\/larrychiang\/what-a-super-model-can-teach-a-harvard-mba-about-credit<\/a><\/span><\/p>\n<p>American Express hosts me mentoring you about FICO scores at New York Fashion Week<br \/><span dir=\"ltr\"><a href=\"http:\/\/t.co\/inxTmZAj\">t.co\/inxTmZAj<\/a><\/span><\/p>\n<p>My video boils down 20,000 hours and moves you to the right on the entrepreneur bell curve&nbsp;<br \/><span dir=\"ltr\">http:\/\/www.youtube.com\/watch?v=eudADPfTWiE<\/span><br \/><\/span><span style=\"background-color: rgba(255, 255, 255, 0); font-size: 17pt;\">****************<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">Editor of the widely syndicated &#8220;What They Don&#8217;t Teach at School&#8221;<br \/><span dir=\"ltr\"><a href=\"http:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog\">whattheydontteachyouatstanfordbusinessschool.com\/blog<\/a><\/span><\/p>\n<p>CNN Video Channel:&nbsp;<span dir=\"ltr\"><a href=\"http:\/\/ireport.cnn.com\/people\/larrychiang\">ireport.cnn.com\/people\/larrychiang<\/a><\/span><\/p>\n<p>Read my last 10 X posts at&nbsp;<span dir=\"ltr\"><a href=\"http:\/\/www.X.com\/LarryChiang\">www.X.com\/LarryChiang<\/a><\/span><\/p>\n<p>Author of #WTDTYASBS a NY Times Bestseller released 09-09-09 at #NYFW on a runway under the tents<br \/><span dir=\"ltr\"><a href=\"http:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog\/?s=Ny+times+bestseller\">whattheydontteachyouatstanfordbusinessschool.com\/blog\/?s=Ny+times+bestseller<\/a><\/span><\/p>\n<p><span dir=\"ltr\"><a href=\"http:\/\/www.fastcompany.com\/embed\/c0d4562ea2049\">www.fastcompany.com\/embed\/c0d4562ea2049<\/a><\/span><\/p>\n<p>52 Cards. Two Jokers. What They DO Teach You at Stanford Engineering<br \/><span dir=\"ltr\">http:\/\/www.youtube.com\/watch?v=vDBY0GkI3-g<\/span><\/p>\n<p>Emergency swings and cutting deals as an 9 year old<br \/><span dir=\"ltr\">http:\/\/www.youtube.com\/watch?v=OFGY7v9C4G0<\/span><\/p>\n<p>Hunter Pence shared thoughts before winning WORLD SERIES&#8217; Game #7<br \/><span dir=\"ltr\">http:\/\/www.youtube.com\/watch?v=usu0luYy9pw<\/span><\/span><\/p>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><span dir=\"ltr\"><br \/><\/span><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The X post you linked to (from user @LucienWolfe111) is a commentary on a podcast episode hosted by Tucker Carlson, featuring an interview with economist Richard Werner. The post highlights Werner&#8217;s key claims about the banking system, framing it as a critique of modern finance. Here&#8217;s a breakdown: ### Post Content &#8211; **Author**: Lucien Wolfe [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-35541","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/35541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=35541"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/35541\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=35541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=35541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=35541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}