Dr. Nomi Prins: The Fed is pretending to be an inflation hero
The Julia La Roche Show, Released on 11/3/22
0:00 Intro0:43 Goldman Sachs MD to investigative journalist3:05 What is the Permanent Distortion5:00 The Fed is at the epicenter8:55 The Fed is pretending to be an inflation hero13:02 One big convenient lie14:55 Relationship between the Fed and Wall Street18:00 Will the Fed ever be reformed?21:06 Unelected officials control the money22:33 Credibility of the Fed24:08 From a great distortion to a permanent distortion27:44 Inflation likely to remain higher than Fed's 2% target32:02 Fed could've mitigated the home/rent part of inflation35:11 What would Dr. Prins ask Fed Chair Jerome Powell?36:40 Dr. Prins speeches before central bankers40:10 Why central banks globally act in lockstep41:49 Meme stock mania a symptom of Fed policies44:20 The evolution of Bitcoin47:33 Solutions to address the permanent distortion50:40 5 economic sectors emerging52:20 What happens if nothing changes?54:00 Final thoughts
Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known for her books All the Presidents' Bankers: The Hidden Alliances that Drive American Power
Dr. Nomi Prins: The Fed is pretending to be an inflation hero added by Herman James on 11/02/2022View all posts by Herman James ?+'