Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever by Prins, Nomi

Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever (Hardcover) (ISBN-13: 9781541789067)

Vendor: Nomi Prins
Product type: Books
Format: Hardcover
$30.00
$30.00
$30.00
Subtotal: $30.00
Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever by Prins, Nomi

Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever

$30.00
Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever by Prins, Nomi

Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever

$30.00
Format: Hardcover
Description
Description
x
A riveting exposé of a permanent financial dystopia, its causes, and real-world consequences It is abundantly clear that our world is divided into two very different economies. The real one, for the average worker, is based on productivity and results. It behaves according to traditional rules of money and economics. The other doesn't. It is the product of years of loose money, poured by central banks into a system dominated by financial titans. It is powerful enough to send stock markets higher even in the face of a global pandemic and threats of nuclear war.

This parting from reality has its roots in an emergency response to the financial crisis of 2008. "Quantitative Easing" injected a vast amount of cash into the economy--especially if you were a major Wall Street bank. What began as a short-term dependency became a habit, then a compulsion, and finally an addiction.

Nomi Prins relentlessly exposes a world fractured by policies crafted by the largest financial institutions, led by the Federal Reserve, that have supercharged the financial system while selling out regular citizens and leading to social and political reckonings. She uncovers a newly polarized world of the mega rich versus the never rich, the winners and losers of an unprecedented distortion that can never return to "normal."

Author: Nomi Prins
ISBN-10: 1541789067
ISBN-13: 9781541789067
Publisher: PublicAffairs
Language: English
Published: 10/11/2022
Pages: 352
Format: Hardcover
Weight: 1.30lbs
Size: 9.30h x 6.20w x 1.50d

Review Citation(s):
Kirkus Reviews 08/01/2022
Shelf Awareness 10/21/2022
By Nomi Prins
By Nomi Prins
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Dr. Nomi Prins is an international economist, investigative journalist, geopolitical financial expert, and outspoken advocate for economic reform. She has published seven books, with her most recent bestseller being Collusion: How Central Bankers Rigged the World.

She is a regular TV commentator and has appeared on the BBC, CNN, Bloomberg, CNBC, MSNBC, CSPAN, Fox Business, and PBS. She has appeared in numerous documentaries featured in the US, Korea, the Netherlands, Germany, France, and more. Her writing has been featured in the New York Times, Forbes, Fortune, the Guardian, the Nation, and other major publications.

Her insights on financial and economic issues are sought by governments, policymakers, and investors worldwide. She's delivered keynote speeches to a variety of outlets including the Federal Reserve, IMF, World Bank, UK Parliament, Mexican Senate, US Senate, Tokyo Stock Exchange, Google, Colombia University, and the London School of Economics.

She was a global Wall Street executive for a decade-and-a-half. Nomi was once a managing director at Goldman Sachs. She ran the international analytics group as a senior managing director at Bear Stearns in London and worked as a senior strategist at Lehman Brothers and Chase Manhattan Bank.

You can learn more about Nomi here: nomiprins.com

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