Nomi Prins: Fed Overreach Has Ruined the Economy, We'd Be Better Off Without Them

The Jay Martin Show, Released on 5/13/23

Author of 'Permanent Distortion' Nomi Prins does not look fondly upon the track record of the Federal Reserve and thinks that they have created far more problems than they are pretending to solve. Nomi provides an in-depth look into the Fed's history of malfeasance and how they were set up from the start to benefit a small group of privileged insiders.

00:00 Introduction00:24 How Will the World Change by 2030?07:05 Would We Be Better Off Without the Fed?11:13 Risk of Financial Contagion12:51 History of Fed Malfeasance14:25 Original Mission of the Fed17:57 How Will a CBDC Change the System?21:22 Technological Shift of Money25:21 BRICS Nations Currency29:00 Dedollarization in the Media31:27 Central Bank Gold Accumulation33:02 Can China Weaponize Gold?35:45 What Role Will Bitcoin Play?41:04 Biggest Risks Facing Investors

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, Collusion: How Central Bankers Rigged the World and Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever.

central banks, dedollarization, economy, Fed, gold

Nomi Prins: Fed Overreach Has Ruined the Economy, We'd Be Better Off Without Them added by Herman James on 05/13/2023View all posts by Herman James ?+'