Podcasts about Nomi Prins

“You can't reset the gold price. It's global. No one nation can do that,” says Dr. Nomi Prins, international economist and investigative journalist.In an interview with Daniela Cambone, Prins unpacks the myths behind recent headlines claiming China is resetting the gold price. She clarifies that while China isn't resetting the price, it is making structural moves to reduce its reliance on the U.S. dollar and elevate gold's role in trade and settlement.“What China is doing is accumulating more gold in its reserves while it is selling US Treasury bonds,” she explains.Addressing the upcoming July 1 Basel III deadline, Prins notes that gold is already classified as a Tier 1 asset under current rules. However, it is not yet recognized as a High-Quality Liquid Asset (HQLA) in the U.S. banking system.“The July 1st date matters, but the attribution to the date that's out there is mostly inaccurate,” she says, emphasizing that the Fed's decision remains uncertain.

Coming up in a moment, we have an exclusive interview with Nomi Prins, renowned market commentator, author and founder and CEO of Prinsight Global. Nomi sheds light on what has been driving gold recently and much more. Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

Economist, financial expert, and bestselling author Dr. Nomi Prins sits down with James Connor and dives deep into the economic storm clouds she sees gathering over Wall Street and Main Street alike. With Wall Street sitting on a “hidden” $620 billion ticking time bomb of loan losses (levels not seen since 2008), the risks of another banking crisis are mounting. Nomi explains why persistent inflation, record consumer debt, and tariff uncertainties are increasing the threat of a consumer recession, putting the economy at significant risk of stagflation. She reveals how the Fed's next moves, with potentially deeper interest rate cuts, could reshape markets dramatically. You'll also hear from her about major geopolitical shifts, including Europe's surging defense spending amid ongoing global tensions, and why central banks (particularly China) are rapidly diversifying from U.S. Treasuries into gold, likely pushing gold prices significantly higher. Chapters: 0:58 - Fed Meeting Insights: Growth and Inflation Shifts 3:43 - Economic Slowdown: Warning Signs Unveiled 6:11 - Consumer Crisis: The Reality Behind Spending Declines 11:44 - Wall Street Banking on the Edge 17:00 - Could Another Silicon Valley Crisis Unfold? 18:18 - Recession or Reset? Forecasting 2025's Economy 21:31 - Deficit Dilemma: The Burden of Ballooning Debt 24:47 - Europe's Defense Surge: A New Global Shift 28:52 - Market Moves: S& P500 and European Equities in Focus 34:17 - Gold's Rising Power: Insights from the Austrian Mint 37:27 - China's Pivot: From US Treasuries to Gold We want to hear from you! What would you like to see more of on Wealthion? Please take our poll here: https://www.youtube.com/post/UgkxtJvEEM4j_eRy7iT---EJ_mbkp1En1P0O Investment Concerns? Get a free portfolio review with Wealthion's endorsed financial advisors at https://bit.ly/3Xz3ihq Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #WallStreet #Recession #Stagflation #EconomicCrisis #Gold #Inflation #BankingCrisis #FederalReserve #NomiPrins #Economy #MarketCrash #FinancialNews #StockMarket #ProtectYourWealth #DebtCrisis #FinancialEducation #Stocks #FinancialFreedom #InvestmentStrategy #InterestRates #Markets ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust. Learn more about your ad choices. Visit megaphone.fm/adchoices

You hear it. #Tariffs causing concern. #ArtificialIntelligence causing concern. #Debt is causing concern. These things combined are causing great concern and Dr. Nomi Prins touches on these things and more. Nomi also makes a point on how commodities, including gold and silver, will steer economies. Nuggets all around for everyone. What the surging price of gold says about a dangerous world: https://www.economist.com/finance-and...

Ever wondered how the intricate dance between central banks shapes the global economy? Join me in a fascinating conversation with Nomi Prins, a former Wall Street senior manager and acclaimed author, as we unravel the complex dynamics at play. Together, we explore whether the actions of these financial powerhouses teeter on the edge of coordination or collusion, and what their increasing gold reserves mean for the global monetary landscape. Gain fresh insights into the strategic maneuvers of the People's Bank of China, the Bank of Japan, and others as they respond to financial emergencies and navigate geopolitical pressures.As major economic players like China and Japan find themselves balancing currency stability and growth amidst rising debt, we dissect these global policy dynamics. Learn about China's unique approach to maintaining its financial influence, its ties with Russia, and how these relationships impact the global stage. From Japan's interest rate decisions amidst a daunting debt-to-GDP ratio to the broader implications of BRICS nations challenging the US dollar, our discussion covers the delicate balance of power that defines our financial world.Finally, we venture into the broader implications of rising global debt and the transformative power of AI on the commodities market. Discover how energy demands drive shifts in nuclear energy and commodity mining, and what the future holds for commodities like gold and uranium. With market volatility and the tech sector's 'concentration bubble' in focus, we emphasize the importance of a patient investment perspective. Join us for an enlightening exploration of the cyclical nature of debt, market fluctuations, and a look ahead to future discussions with Nomi Prins, as we promise to keep you informed and engaged in these turbulent economic times.The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions. Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive. Foodies unite…with HowUdish!It's social media with a secret sauce: FOOD! The world's first network for food enthusiasts. HowUdish connects foodies across the world!Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!HowUdish makes it simple to connect through food anywhere in the world.So, how do YOU dish? Download HowUdish on the Apple App Store today:

We're going to see a 'knock-on' effect on commercial real estate loans, with ripple effects from store closures, rising vacancies, and mounting consumer and corporate debt in 2025, warns Nomi Prins, renowned American economist, author, journalist, and public speaker. Questions on Protecting Your Wealth with Gold & Silver? Schedule a Strategy Call Here ➡️ https://calendly.com/itmtrading/podcast or Call 866-349-3310

Tom welcomes back Dr. Nomi Prins, financial expert and best-selling author, about the impact of the U.S. election on markets and her outlook for the economy. Dr. Prins highlights the disconnect between the thriving financial markets and the stagnant real economy, with high debt levels and inflation surpassing wage growth. The election brought attention to voters' economic concerns, although neither candidate presented substantial plans for addressing debt and deficit issues. Trump's promises on immigration and inflation reassured some, but his lack of a comprehensive economic strategy remains a concern for Dr. Prins. Tom and Dr. Prins explore the economic implications of tariffs, focusing on Trump's plan to impose tariffs on imports. The reduction in supply from tariffs causes price increases and inflation, potentially harming the domestic economy unless the country can offset these costs by participating in multiple parts of the supply chain. The nuclear energy industry is positioned for growth following the election results, with companies like Microsoft and Amazon considering nuclear power deals. The state of energy development in the United States is also explored in the context of Trump's plans to deregulate. Dr. Prins discusses the movement of the US dollar after the election results and the potential for de-dollarization. The US dollar continues to be the world's top reserve currency, but longer-term trends suggest de-dollarization through trade agreements in non-dollar currencies, alternative trading currencies, and infrastructure development. Central banks' interest in gold as a hedge against risks, coupled with increasing demand from consumers in countries like China and India, positions gold to play an essential role in this framework. Time Stamp References:0:00 - Introduction0:54 - Election Change Anything?4:03 - Trump Economic Policy?7:54 - Tarriffs & Consequences11:35 - Senate & House15:37 - Energy & Deregulation17:53 - Permian Shale Status20:22 - Strategic Mineral Reserve24:02 - Capital Deployment Goals26:40 - Nuclear Energy & Tech32:54 - BRICS & Dedollarization37:12 - Banking Architecture38:31 - Gold Reserves & Trust42:20 - Russia Silver Reserves46:46 - Banks Diversification49:02 - Banking System Stress52:26 - Wrap Up Talking Points From This Episode Financial expert Dr. Nomi Prins discusses economic disconnect between markets and real economy, focusing on US election impact. Trump's promises on immigration and inflation influenced markets, but lack of economic strategy remains a concern. Tariffs, nuclear energy growth, and de-dollarization are major economic shifts following the U.S. election. Guest Links:Twitter: https://x.com/nomiprinsWebsite: https://nomiprins.com/Substack: https://prinsights.substack.com/ Dr. Nomi Prins as a Wall Street insider and outspoken advocate for economic reform, Nomi Prins is a leading authority on how the widespread impact of financial systems continues to affect our daily lives. She has spent decades analyzing and investigating economic and financial events at the ground level and meeting with those that shape the world's geopolitical-economic framework. She continues to break stories by conducting independent research, writing best-selling books, and traversing the globe to share her knowledge and demystify the world of money. Before becoming a renowned journalist and public speaker, Nomi reached the upper echelons of the financial world where she worked as a managing director at Goldman Sachs, ran the international analytics group as a senior managing director at Bear Stearns in London, was a strategist at Lehman Brothers and an analyst at the Chase Manhattan Bank. During her time on Wall Street, she grew increasingly aware of and discouraged by the unethical practices that permeated the banking industry. Eventually, she decided enough was enough and became an investigative journalist to shed light on the ways that financial systems are ma...

The stock market has hit another all-time high this week, and Wall Street's profits for 2024 are off the charts -- nearly TWICE as high as last year's. Meanwhile, the wealth divide in America continues to widen as average folks struggle with the post-COVID surge in cost of living and record high interest rates on their debt. What does this growing difference between the haves and have-nots say about fairness in today's society? And how much farther can it be stretched before some financial and/or social boiling over point is reached? For perspective, we're fortunate to speak today with Nomi Prins, reformed Wall Streeter, author of best-sellers All The Presidents Bankers, Collusion: How Central Bankers Rigged The World, and Permanent Distortion: How the Financial Markets Abandoned The Real Economy Forever. She's also the publisher of Prinsights with Nomi Prins on Substack. Follow Nomi at https://prinsights.substack.com/ WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #banks #wealthgap #wallstreet --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

The US Economy is obviously struggling, growth is financed by excessive debt. The consumer is hanging on by a thread. While the consumer keeps spending, credit card debt keeps rising. We discuss the impact of a potential FED pivot and future rate decisions. #gold #FED #money ------------ Thank you to our #sponsor MONEY METALS. Make sure to pay them a visit: https://bit.ly/BUYGoldSilver ------------

The “big club” that “you ain’t in,” as George Carlin famously put it, is increasingly visible as the presidential election rolls on toward November. Politicians and the donor class that controls them have made it known to the public that they are not representatives of the majority but rather the small elite minority. Nomi Prins, financial historian, author and former Goldman Sachs managing director, joins host Robert Scheer on this episode of the Scheer Intelligence podcast to describe exactly how this process works as well as touch on the evolution of the world economy away from the U.S. As a result of U.S. mishaps in 2008 with the financial crisis as well as the current geopolitical involvements in Ukraine and growing disruptions between the U.S. and China, Prins explains how the world is recognizing the ability to move past the U.S. as well as the dollar: “What's happened is the alliance of nations that needed the U.S. and needed the dollar to trade don't need it anymore.” China’s rise with the BRICS nations alongside has encouraged this, and the U.S.’s policies of supporting the financial system and allowing the banks to run things has led to the rest of the world to say, “We will compete, we'll do exactly what you're doing, but we're going to do it on our own terms.” Back at home, when it comes to economic justice, the two party system, in short, is a farce, and the difference between how the internal system of each party works is hardly noticeable. “Everything kind of moves upward and gets smaller as it moves upward in terms of who has the power and who wants to retain the power,” Prins tells Scheer. That’s why, she asserts, “even if things get questioned on the surface, the idea of changing them doesn't really get pushed throughout party policy.” As much as people try to push for or enact change, the questions fall on deaf ears, Prins says. People “can blame the other party, they can blame each other, but they don't get to blame the system, because they don't feel that there's any real connection or control that they could have over the system.”

Frank starts the show joined by WABC host Dominic Carter to discuss if a mother should be held responsible for her son's irresponsible driving killing an innocent man. Frank moves on to chat with Dr. Nomi Prins, an economist, geopolitical financial expert, best-selling author, advisor to legislators and nonprofit boards and a former Managing Director at Goldman Sachs. They discuss the economy. Frank talks about the rise in parent stress across the country observed by U.S. Surgeon General Vivek Murthy. He then talks with Dr. Matthew Schmalz, Founding Editor of the Journal of Global Catholicism and a Professor of Religious Studies at College of the Holy Cross. They discuss the quest for the holy grail. Frank then gives the UFO report which concerns a former NASA employee who claimed to have a photograph with an identifiable UAP. Frank starts the third hour talking about the founder of Telegram, an encrypted messaging app, being arrested in France. He then has a discussion with Thomas Fuller, Page One Correspondent for The New York Times and the author of The Boys of Riverside: A Deaf Football Team and a Quest for Glory. They talk about the story of how a deaf football team won a championship. Frank finally gives the conspiracy of the day on the existence and potential danger of chemtrails. Frank wraps up the show talking about a Nevada politician being charged with killing a journalist. He is also joined by Noam Laden for News You Can Use and radio host Brian Kilmeade to discuss news of the day. Learn more about your ad choices. Visit megaphone.fm/adchoices

Frank starts the show joined by WABC host Dominic Carter to discuss if a mother should be held responsible for her son's irresponsible driving killing an innocent man. Frank moves on to chat with Dr. Nomi Prins, an economist, geopolitical financial expert, best-selling author, advisor to legislators and nonprofit boards and a former Managing Director at Goldman Sachs. They discuss the economy.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Dr. Nomi Prins, economist, geopolitical financial expert, best-selling author, advisor to legislators and nonprofit boards and a former Managing Director at Goldman Sachs Topic: The Economy Website: https://nomiprins.com/ Social Media: https://x.com/nomiprins https://www.instagram.com/realnomiprins https://www.facebook.com/realnomiprins Learn more about your ad choices. Visit megaphone.fm/adchoices

"I'm a firm believer in the Fed's inability to do anything about inflation. It doesn't mean they're not raising rates, but the reality is that costs of everything are still rising," says Nomi Prins, American economist, author, journalist, and public speaker. She tells Daniela Cambone that the Fed has lost its power to combat inflation. Questions on Protecting Your Wealth with Gold & Silver? Schedule a Strategy Call Here ➡️ https://calendly.com/itmtrading/podcast or Call 866-349-3310

In this interview with Dr. Nomi Prins key topics discussed include the role of gold as the top diversifier against the US dollar, the current state of the global economy, and the limitations of the Federal Reserve in controlling inflation. Dr. Prins also covers the impact of geopolitical factors on commodities like uranium and copper, the future of nuclear energy, and the implications of political pressures on monetary policy. Join us for an insightful discussion on these critical economic issues. --- Thank you to our #sponsor CONTANGO ORE, Inc. (NYSE American: CTGO) - Developing Alaska's Next Gold Mines. Make sure to pay them a visit: https://www.contangoore.com/ ---

"The Fed needs to understand its boundaries and stop pretending it's like inflation Superman," says Dr. Nomi Prins, geopolitical finance expert and bestselling author. She explains that the Fed has no ability to impact real inflation — the increased prices that individuals and companies face daily. Questions on Protecting Your Wealth with Gold & Silver? Schedule a Strategy Call Here ➡️ https://calendly.com/itmtrading/podcast or Call 866-349-3310

Economist and best-selling Author Dr. Nomi Prins believes that precious and industrial metals, along with energy, are going to be the beneficiaries of a volatile economy and market environment that will cause a flight to hard assets as a safe haven. Nomi sheds light on the systemic issues she sees in the banking sector, government, Federal Reserve, and more as she makes a case for owning tangible assets.Nomi's Website: https://nomiprins.com Follow me on Twitter: https://twitter.com/jessebdayYoutube Channel: https://youtube.com/c/CommodityCulture

Inflation recently fell to its lowest annual rate in more than two years, but many investors remain wary about what to do with their money moving forward. On today's show, Daniela sits down with Nomi Prins, geopolitical finance expert and bestselling author. Nomi stresses investors must avoid letting fear guide their investment decisions in order to uncover buying opportunities as this rampant market uncertainty drags on. She says, "The best way to navigate [the noise] as an investor is to ignore what the Fed does if it raises rates by another two incremental rate hikes within the next several months. The reality is it's not going to impact the quality of investments, place in which we're investing, or how those investments perform."  When it comes to the Fed's upcoming launch of its FedNow instant-money platform, Naomi believes it only serves as a ploy for the central bank to increase its foothold in the digital currency space. "Without the makings of a digital footprint, you don't have the makings of a digital coin," she asserts. Continuing with the theme of de-dollarization, Naomi warns that this trend could affect the long term outlook of the markets as foreign adversaries aim to chip away at the value of the U.S. dollar. "I don't actually think it's going to be replaced in our lifetimes, but that doesn't mean there isn't a trading pattern here that's emerging," she concludes. ➡️ Watch Here

Dr. Nomi Prins, the author, former Goldman Sachs executive and Ojai resident joins the podcast to talk about her work explaining the world of high finance and how bankers continue to rig the system for their benefit. Her latest work, "Permanent Distortion," came out last year and dives deep into the trillions of dollars of fiat currency pumped into the global financial system during the pandemic, and how it is being use to further divide Wall Street from Main Street, and how little of the money the governments printed was actually put to productive use. "Quantitative Easing" is the term of art used to describe the emergency response during the 2008 banking crisis which has since became an addiction for the Federal Reserve. Most of the trillions of dollars since the pandemic continues to sit on banks' asset sheets without being loaned out, as was the intent. Dr. Prins' is famous for her deep research, lively writing, and ability to break down complex and abstract topics into easily understood concepts. We also talk about her other books, including "All the Presidents' Bankers" and how a very small group of elite financiers and politicians, who came from the same families and attended the same schools, have been pulling the strings for the world since JP Morgan organized a 1907 meeting at his resort in Jekyll Island, Georgia that led to the founding of the Federal Reserve system in 1913. We also talked about the 2008 financial crash and how much of it was blamed on reckless homeowners rather than the vast amounts of money leveraged by bankers for stock buybacks and other contrivances to boost their own wealth at the cost of productive use of capital for infrastructure and employment projects. Dr. Prins and I did not talk about Japanese ceramic glazes, left-handed cricketers or Aston Villa's greatest moments. Check out her works - "Collusion," "All the Presidents's Bankers," "Black Tuesday," "It Takes a Pillage," "Jacked," and "Other People's Money."

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. Sign up for my free weekly newsletter at https://jaymartin.substack.com/subscribe

We are joined for the full hour by geopolitical financial expert and financial historian, Nomi Prins, to discuss her new book, “Permanent Distortion: How Financial Markets Abandoned the Real Economy Forever,” which highlights the huge gap between the high-flying stock market, versus back down here on earth, where average people struggle to make ends meet.Nomi Prins is an economist, author, geopolitical financial expert and financial historian. She is the author of several books, including Collusion: How Central Bankers Rigged the World, All the Presidents' Bankers, Other People's Money: The Corporate Mugging of America, and It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from Washington to Wall Street. Her latest book is Permanent Distortion: How Financial Markets Abandoned the Real Economy Forever.The idea of “Permanent Distortion” is that when the financial system needs it, it gets the money. And lot of it. And in an uncapped way. And in an unregulated way. And in a non-transparent way. When the real economy needs it, it's years of debate.Nomi PrinsThere's no such thing as, “This bailout didn't cost taxpayers money.” Because…money that goes into the banking system does not go into the real economy. Which means there is a shortfall in the real economy. Which means that money cannot be reallocated into the real economy. Whether that is to build bridges, or hospitals, or to enhance our education system, or help workers. Because it's going somewhere else.Nomi PrinsThere are people that will say, “Well, SVB (the failure of Silicon Valley Bank) has nothing to do with Glass-Steagall,” and that's just simply wrong. Any over-leverage in the banking system that can take down the rest of the banking system— or that can create that sort of lack of confidence, instability, creation of money to save it that doesn't go into the real economy— is a part of that problem.Nomi PrinsThere's a huge propaganda machine. And it's interesting that the destabilization of the real economy comes so frequently from the speculation of the paper economy.Ralph NaderIn Case You Haven't Heard1. In Israel, the planned judicial reform law has sparked nothing less than a popular uprising, with Haaretz reporting that as many as half a million protesters have taken to the streets. Prime Minister Netanyahu is wheeling and dealing like mad to cling to power. Barak Ravid reports that Netanyahu sacked the Minister of Defense after he called for suspending the judicial reform push. Itamar Ben-Gvir, leader of perhaps the most extreme party in the right-wing coalition government, has threatened to quit the coalition if the judicial overhaul is delayed – but may have been appeased by a promise from Netanyahu to make the National Guard answerable directly to Ben-Gvir, per the Jerusalem Post. Axios reports that Jewish Democrats in Congress met with the Israeli Ambassador and warned him that if the bill is pushed through, it will be harder for them “to talk about Israel the same way they used to.”2. A new paper published in the Harvard Environmental Law Review – by David Arkush of Public Citizen and Donald Braman of the George Washington University Law School – posits whether fossil fuel companies should be charged with homicide. The authors argue these corporations “have not simply been lying to the public, they have been killing members of the public at an accelerating rate, and prosecutors should bring that crime to the public's attention.”3. In the wake of the Silicon Valley Bank collapse, Senate Health, Education, Labor, and Pensions Committee Chairman Bernie Sanders has introduced legislation that would bar big bank executives from serving on Federal Reserve Boards. Chairman Sanders said “The Fed has got to become a more democratic institution that is responsive to the needs of working people and the middle class.”4. The Huffington Post reports that Rep. Ilhan Omar has introduced a bill to “Condemn Anti-Muslim Hate.” The bill was crafted to honor the 51 Muslims killed in Christchurch, New Zealand in 2019, and it was introduced on the first day of Ramadan. Omar is quoted saying “We...know that this increase in hate is not isolated to only Muslims. Church bombings, synagogue attacks, and racial hate crimes are also on the rise. In order to confront the evils of religious bigotry and hatred, we must come to understand that all our destinies are linked.”5. An investigation by Morgan Baskin of DCist found that “local developers are buying rent-controlled apartments, clearing out existing tenants, and marketing to housing choice voucher holders” because the DC Housing Authority engages in routine over-payments. In so doing, these developers are “eroding affordable housing.”6. In Brazil, Democracy Now! reports that the Lula government has successfully removed “almost all illegal gold mining operations…from Yanomami Indigenous territory.” Lula campaigned on the promise to remove these mining operations, which have “displaced people, devastated the land and food resources, and contaminated rivers with mercury.”7. Ever have a hard time canceling a subscription or recurring fee online? In a video by More Perfect Union, FTC Chair Lina Khan explained how the agency is taking aim at a pervasive corporate manipulation tactic nicknamed “click to subscribe, call to cancel” in which companies make it easy to sign up for a service, but make it very difficult to cancel it. The new rule – called “click to cancel” – would mandate that (1) it must be as easy to cancel a service as it is to sign up for it and (2) consumers must be able to cancel using the same method they used to sign up.8. From PBS: In Florida, Governor DeSantis is expanding the “Don't Say Gay” censorship law to high-schools. Supporters of this bill had previously insisted that it was only intended to curtail discussions of sensitive topics for young children. This expansion clearly undermines that argument.9. In Chicago, the International Committee of the Democratic Socialists of America hosted Cuban Ambassador Lianys Torres Rivera at the 35th Ward - 8th District Office for a meeting with local elected officials and faith leaders. They discussed the harmful U.S. embargo and strengthening goodwill between the people of Cuba and the United States. This meeting was attended by Cook County Commissioner Anthony J. Quezada and Aldermen Carlos Ramirez-Rosa, Byron Sigcho Lopez, and Rossana Rodriguez.10. From the New York Times: At a chocolate factory in Reading, Pennsylvania, a massive explosion has left at least seven dead and more missing. Activists are calling for a thorough and swift investigation into the factory's owners, the R.M. Palmer Company. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe

 Key topics:✔️ ICYMI news, 3/13 - 3/17.✔️"FDIC official warned 4 years ago that uninsured regional bank deposits were an ‘underappreciated risk.' No one listened and we're now paying the price." This is a theme we hear over and again. Nomi Prins warned about this in her 2004 book.✔️Back in January, I warned you about the historical precedent of the state taking bailout $ from Corpo America. (It also confiscated gold.) ✔️The mother ship is coming, apparently. ✔️"Central bank digital currency is inevitable."Links:https://finance.yahoo.com/news/ken-griffin-says-svb-depositors-091757594.htmlhttps://www.linkedin.com/news/story/new-layoffs-tyson-cuts-1700-jobs-6188026/https://www.linkedin.com/news/story/food-giant-plans-5-million-daycare-5189153/https://tinyurl.com/bdz833sc https://tinyurl.com/2he4ebew https://www.buzzsprout.com/1125110/12045662https://historydaily.org/panic-of-1893https://www.linkedin.com/news/story/fed-mulls-new-banking-rules-5582860/https://www.linkedin.com/news/story/concerns-mount-over-credit-suisse-5576548/https://www.linkedin.com/news/story/latest-layoffs-krispy-kreme-more-6188026/https://tinyurl.com/s6jhkap4https://www.reuters.com/business/finance/yellen-tells-senators-us-banking-system-remains-sound-2023-03-16/https://causeyconsultingllc.com/2023/03/14/ideally-on-friday-night/https://www.weforum.org/agenda/2023/03/could-we-be-seeing-the-end-of-cash-digital-currency/ Links where I can be found: https://causeyconsultingllc.com/2023/01/30/updates-housekeeping/Need more? Email me: https://causeyconsultingllc.com/contact-causey/ 

I've been reading Nomi Prins' Other People's Money: The Corporate Mugging of America, which was published in 2004. (My paperback version has an update from 2006.) So the material pre-dates The Great Recession and provides an important remembrance of the insanity that was the late 90s/early 00s.From page 7 of the paperback:"Robert Schiller of Yale University and Irrational Exuberance fame spoke after lunch. His cautionary talk, supported by slides depicting graphs of lowered profitability and other financial health indicators, was challenged by the room. A series of grilling questions poking apart his argument followed. Though Schiller delineated clear reasons why the market was overinflated, no one really wanted to listen." Sound familiar? For some people, you could present all the evidence in the world and they'd still argue to be wrong. To quote Dr. Stuart Woolley, "The turkeys don't even realise that they're voting for their own Christmas." Links:https://www.amazon.com/Other-Peoples-Money-Corporate-Mugging-ebook/dp/B0041G6RTWhttps://en.wikipedia.org/wiki/Henry_Paulsonhttps://www.buzzsprout.com/1125110/12031473https://www.epi.org/publication/ceo-pay-in-2021/https://themortgagereports.com/61853/30-year-mortgage-rates-charthttps://causeyconsultingllc.com/2023/02/24/gordon-gekko-tried-to-tell-you/https://causeyconsultingllc.com/2023/01/04/old-rich-white-dudes-think-youre-a-bunch-of-whiners/https://www.investopedia.com/articles/03/071603.aspLinks where I can be found: https://causeyconsultingllc.com/2023/01/30/updates-housekeeping/Need more? Email me: https://causeyconsultingllc.com/contact-causey/

"There is still going to be an overhang in the economy even as the markets are going to get comfortable with the dialed down size of the Fed's rate hikes," says Nomi Prins, bestselling author and investigative journalist. "The Fed is going to go to neutrality," she tells Daniela Cambone. "Then they will start to buy bonds again or back up from their plan to do quantitative tightening," Prins continues. "There are certain assets like gold, silver, and copper that are already peaking up because the Fed has entered the first stage of a three-stage pivot," she says. "Gold purchasing by China has allowed them to begin backing the renminbi with the metal and create new alliances at the same time," Prins says. Take a look at her new book Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever here https://bit.ly/40UNvtk.

On this edition of Parallax Views, economist, geopolitical financial expert, and investigative journalist Nomi Prins joins us to discuss her new book Permanent Distortion: How Financial Markets Abandoned the Real Economy Forever. Nomi began her career in the world of finance and Wall Street working for Goldman Sachs, Bear Stearns, Lehman Brothers, Chase Manhattan Bank. Since then, however, she has become an investigative journalist that's been exposing wealthy inequality and the intersection between money, influence, and power that defines the divide between Wall Street and Main Street. In her latest book, Nomi details how the Federal Reserve and quantitative easing policies has led to a "permanent distortion" of the real economy and a dearth of easy, free money for the ultra-wealthy. Among the topics covered in this conversation: - Nomi's background and transition from Wall Street to investigative journalism - What does Nomi mean by "Permanent Distortion" - Explaining quantitative easing and the Fed - The 2008 financial crisis - Trump, China, and trade wars - The rise of populism in an age of disenfranchisement - Wall Street vs. Main Street - Explaining the real economy - The 4 phases of the book: chaos, addiction, overdrive, and metamorphosis - Cryptocurrency, the Robinhood app, r/WallStreetBets, and the permanent distortion era - The mega asset management company Blackrock - The average American household and the stock market; about 10-15% owns 85% of the stock market; although many American don't have a stake in the stock market they can still be impacted by it - And much more!

Join Robert Kiyosaki and his special guest Dr. Nomi Prins, Economist, and author of Permanent Distortion as they share new strategies to help you create a better future. Get insight into what they are investing in to combat inflation and volatile markets. You'll be prepared to thrive in this wild economy – instead of hoping to merely survive. After viewing this event, take advantage of a special offer for Podcast listeners to help you get started as an investor: https://bit.ly/RDWPodcast8D *SPECIAL OFFER* You'll get Robert Kiyosaki's complete Real Estate CASHFLOW Blueprint program and gain access to his proven step-by-step strategies. Plus, for a limited time – you'll also get access to 6 FREE LIVE & Interactive Mastermind sessions with Robert's certified Rich Dad Real Estate experts - a $2,000 value (This offer is subject to change at any time). What's included: Robert's Complete CASHFLOW Blueprint online course and 3 additional free bonuses: The Rich Dad Personal Riches Profile (powered by the Myers-Briggs Type Indicator), Robert's Contracts and Forms Toolkit, and 7 extra sessions featuring Robert's Insider Secrets to Exploding your Cash Flow. https://bit.ly/RDWPodcast8D

Nomi Prins is one of the country's leading financial journalists, who has gone from working on Wall Street to exposing the inner workings of the economy and how it is rigged in favor of the powerful. Her books include Other People's Money: The Corporate Mugging of America, Collusion: How Central Bankers Rigged the World, and most recently Permanent Distortion: How Financial Markets Abandoned the Real Economy Forever. Today Nomi joins Nathan to explain how the financial markets and the "real economy" became so disconnected and why the actions of central banks make such a difference to our lives. She also talks about the real causes of inflation and what we need to do to avoid a future of unending economic and political crises. Last week we only released one episode instead of two, so this week we're putting out three to make up for it. 

In this week's show, Prof. Wolff talks about a new Congress report on huge US wealth inequality; Angela Merkel on relying on Russian oil and gas, the irrationality of 20,000 immigrants dumped on NYC, and Harvard exploiting its tax-exempt status. In the second half of the show, Wolff interviews Nomi Prins, former Goldman Sachs director, on the distorted US financial system and its social effects.

We increasingly live in a bifurcated world: there's the rich, who are doing just fine and then there's everybody else, who are increasingly just trying to hang on. This is no accident, explains today's expert, Dr. Nomi Prins, Economist, Author of the new book Permanent Distortion: How The Financial Markets Abandoned The Real Economy Forever She lays out how central planning policies -- sometime intentional and sometime incompetent -- directly laid the path to the extreme degree of wealth & social disparity we now suffer from today. How did we get here? And do we have any credible hope for rectifying things? For answers, we turn to Dr Prins. https://youtu.be/TNvzQa7b-KU

Cenk Uygur hosts. Dr. Nomi Prins, Geo-economist and author of "Permanent Distortion," discusses what the Federal Reserve is and its unchecked power when it comes to generating money. Hosted on Acast. See acast.com/privacy for more information.

Guest: Nomi Prins is an economist, journalist, author, and former Wall Street executive. She is the author of many books including her latest Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever. The post Nomi Prins: How The Financial Markets Abandoned The Economy appeared first on KPFA.

Dr. Nomi Prins, economist and author of the new book “Permanent Distortion: How The Financial Markets Abandoned The Real Economy Forever,” joins Julia on episode 28. Dr. Prins is an international economist, investigative journalist, geopolitical financial expert, and outspoken advocate for economic reform. She was a member of Senator Bernie Sanders' panel of top economic experts advising on Fed reform. Dr. Prins' new book exposes the ever-growing divide between the financial markets and the real economy and the unprecedented crises it has caused. This conversation explores how we got to a permanent distortion and why the Fed and its policies are at the epicenter. 0:00 Intro 0:43 Goldman Sachs MD to investigative journalist 3:05 What is the Permanent Distortion 5:00 The Fed is at the epicenter 8:55 The Fed is pretending to be an inflation hero 13:02 One big convenient lie 14:55 Relationship between the Fed and Wall Street 18:00 Will the Fed ever be reformed? 21:06 Unelected officials control the money 22:33 Credibility of the Fed 24:08 From a great distortion to a permanent distortion 27:44 Inflation likely to remain higher than Fed's 2% target 32:02 Fed could've mitigated the home/rent part of inflation 35:11 What would Dr. Prins ask Fed Chair Jerome Powell? 36:40 Dr. Prins' speeches before central bankers 40:10 Why central banks globally act in lockstep 41:49 Meme stock mania a symptom of Fed policies 44:20 The evolution of Bitcoin 47:33 Solutions to address the permanent distortion 50:40 5 economic sectors emerging 52:20 What happens if nothing changes? 54:00 Final thoughts

The last 15 years have been a game of chicken between the Federal Reserve and the financial markets. Think about the old movies where the kids would speed in their cars towards each other until someone decided to quickly turn out of the way and avoid collision and certain death. Similarly, the financial markets and […] The post 339: The Great Distortion: Nomi Prins appeared first on Wealth Formula.

Former Goldman Sachs managing director Nomi Prins exposes the role of the Federal Reserve and other western central banks in creating a world economy for the superrich while enabling the impoverishment of much of the world's population

The reason your rent is spiking? It could be this company's algorithm. The Young Turks interview Nomi Prins. Katie Porter just skillfully broke down how the greedy corporate world has contributed to inflation. The grocery chains Kroger and Albertson's potential merger would create a grocery giant.Host: Ana Kasparian Hosted on Acast. See acast.com/privacy for more information.

On today's show Dr Nomi Prins will discuss her latest book, Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever. GUEST OVERVIEW: 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.

Investigative journalist and author Nomi Prins discusses her book Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.  See omnystudio.com/listener for privacy information.

Ali Velshi is joined by NBC News Senior International Correspondent Keir Simmons, Pulitzer Prize-winning National Political Reporter with The Washington Post Amy Gardner, Fellow at the Constitutional Law Center at Stanford Law Matthew Seligman, Author of ‘Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever' Nomi Prins, Senior Editor at Slate & Host of the ‘Amicus' podcast & Author of ‘LADY JUSTICE: Women, the Law, and the Battle to Save America' Dahlia Lithwick, Co-Director for Center for Vaccine Development at the Texas Children's Hospital & Dean of the National School of Tropical Medicine at Baylor College of Medicine Dr. Peter Hotez, Editor of The Maddow Blog & Producer for The Rachel Maddow Show & Author of ‘The Impostors: How Republicans Quit Governing and Seized American Politics' Steve Benen, Candidate for Louisiana Congress 1stDistrict Katie Darling, Editor-at-Large for The 19thErrin Haines, Politics Reporter at The Atlanta Journal-Constitution Shannon McCaffrey, Trump's Fmr. Personal Attorney & Host of the ‘Mea Culpa' podcast & Author of ‘REVENGE: How Donald Trump Weaponized the Department of Justice Against His Critics' Michael Cohen

 Max Keiser & Stacy Herbert present the first global English language macro economic and bitcoin news out of El SalvadorFollow Max Keiser on Twitter: https://twitter.com/maxkeiserFollow Stacy Herbert on Twitter: https://twitter.com/stacyherbertIn this episode of MAX & STACY REPORT, are joined by Nomi Prins, author of the new book, Permanent Distortion: How the Financial Markets Abandoned the Real Economy ForeverOrder the book here: https://www.amazon.com/Permanent-Dist...Sign up for a Fold Card: https://foldapp.com/orangepill

We now have historically high inflation. With the increased price of both food and fuel, people are having difficulty financing the things they need just to live their basic lives. So, of course, the Fed has stepped up with repeated interest rate hikes. But all that has done is crush growth and create the worst-case scenario for the economy while driving us into an energy market disaster coming as soon as this winter. So, what does the Fed need to do NOW? And when will things get worse? Ph.D. Author Nomi Prins is a Wall Street insider and a leading authority on how the widespread impact of financial systems continues to impact our daily lives. She is the author of the best-seller, Collusion: How Central Bankers Rigged the World, in which she examines how the 2007-2008 financial crisis triggered a massive shift in the global order and the soon-to-be-released Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever. On this episode of The Wiggin Sessions, Nomi joins me to discuss the Fed's inability to regulate the economy and her prediction of a watershed moment coming up this winter that will create a massive energy crisis. Listen in to understand how Nomi's revenge on Wall Street is helping individual investors like us survive and thrive in the next crisis. Key Takeaways What is the Great Distortion between the financial markets and the economy Why the energy crisis is back Nomi walks us through her definition of Enron 2.0 How cheap money is contributing to inflation, fraud, and the coming disaster in the energy markets How the Fed's two-prong approach to fighting inflation and the crisis in the real economy is just making things worse Why the amount of debt we need to run the economy has doubled since the 2008 financial crisis The Fed's role in inflating debt Comparing Japan's debt crisis to where the US is right now How the political 'flipping of the switch in the fossil fuel markets has created a gaping hole in energy and made everything worse Why the energy crisis combined with the forcing of the energy transition and the Fed's incompetence is going to create a watershed moment (possibly this winter) How investors can turn the energy crisis into an opportunity Connect with Nomi Prins Nomi Prins Nomi on LinkedIn Nomi on Twitter Connect with Addison Wiggin Consilience Financial Be sure to follow The Wiggin Sessions on your socials. You can find me on— Facebook @thewigginsessions Instagram @thewigginsessions Twitter @WigginSessions Resources Rogue Economics Distortion Insider Nomi Prins—The Financial Distortion Between the Markets and the Real Economy EP58

Tom welcomes economist and author Dr. Nomi Prins to the show. Nomi explains how central banks are adversely affecting everyone on the planet. The Fed is the mothership in this global policy structure. Tensions are building between the United States and China, particularly around monetary policy. Since the financial crisis of 2008 the Fed has blown out their balance sheets with monetary easing. China had a similar policy, but they channeled that monetary energy into building up the country. As a result, they had significant growth, while in the United States the economy staggered. She explains how financial markets have become permanently distorted due to a move away from real economics. When there is a crisis, we will once again double the size of the balance sheet to resolve the problem. This has become a permanent policy because there is no going back. The Fed admits that it would take at least five years to begin to lower their balance sheet. Money remains easily obtainable to the financial system, but it doesn't provide true follow through to the real economy. She notes that central banks exercise a huge amount of control and power over the economic system. Jerome Powell can move markets, and amounts to a remarkable amount of power. Emerging markets and other central banks end up forced to follow the policies of the Federal Reserve. The majority of them follow closely on the actions of the Fed. The stronger the U.S. dollar, the harder it is on other fiat currencies. Central banks do collude to achieve specific goals, and they are rarely transparent about it. At a fundamental level, the system is too complex to go back, and the result is an economic system that is becoming increasingly volatile. The economy really hasn't grown for the last decade. We would have had a series of major corrections if it wasn't for the continuous intervention. Powell doesn't talk much about what is occurring outside the United States. Major countries like Japan and the U.K. are having to intervene to support their currencies. The Fed seems to more concerned about what the markets think than the problems of other countries. Europe is already having an economic crisis impacting both industry and citizens alike due to costs of energy. We're already seeing companies close or reduce hours, and there is no reason to believe that will change anytime soon. The conversation about energy and fuel prices is occurring everywhere in Europe. Time Stamp References:0:00 - Introduction0:46 - Financial Conditions1:53 - Monetary Restraint4:50 - Permanent Distortions9:22 - Monetary Power11:40 - Following Suit13:57 - Banking Collusion19:45 - They Don't Care21:42 - Increasing Volatility24:45 - Marginal Utility29:05 - Feds Inflation Talk33:52 - Yen & Pound Interventions38:00 - Energy & Europe41:12 - Wrap Up Talking Points From This Episode Why there is no going back for the Fed, and its economic policies.Impacts of a higher dollar on emerging economies and other currencies.Europe's already severe energy crisis and why the economic impacts will only worsen. Guest Links:Twitter: https://twitter.com/nomiprinsWebsite: https://nomiprins.com/Pre-Order Book: https://nomiprins.com/books/#permanent-distortion Dr. Nomi Prins as a Wall Street insider and outspoken advocate for economic reform, Nomi Prins is a leading authority on how the widespread impact of financial systems continues to affect our daily lives. She has spent decades analyzing and investigating economic and financial events at the ground level and meeting with those that shape the world's geopolitical-economic framework. She continues to break stories by conducting independent research, writing best-selling books, and traversing the globe to share her knowledge and demystify the world of money. Before becoming a renowned journalist and public speaker, Nomi reached the upper echelons of the financial world where she worked as a managing director at Goldman Sachs,

Watch the Full Episode for FREE:  https://londonreal.tv/nomi-prins-permanent-distortion-how-money-printing-destroyed-our-economic-future/   Special Bonus Episode with Nomi: https://londonreal.tv/nomi 

Watch the Full Episode for FREE:  https://londonreal.tv/nomi-prins-permanent-distortion-how-money-printing-destroyed-our-economic-future/   Special Bonus Episode with Nomi: https://londonreal.tv/nomi 

Financial Author and former Wall Street insider Nomi Prins joins the show to give her outlook on the current state of the global economy, financial markets, central bank digital currencies, and much more. Nomi also weighs in on how central bankers continue to manipulate economies to benefit those highest on the economic ladder. Sign up for our free weekly newsletter at https://www.JayMartin.club Pre-order Nomi's book 'Permanent Distortion': https://nomiprins.com/books/#permanent-distortion

When the markets are doing well because of fake money it's very different than the economy doing well because companies are producing, wages are growing, consumers are buying, or any of the things that create real economic growth. Today's guest explains how all of the money printing that's been happening leaves the real economy behind. Nomi Prins, the author of Collusion: How Central Banks Rigged the World and her latest book, Permanent Distortion: How Financial Markets Abandoned the Real Economy Forever says, “The Fed is sitting on 9 trillion dollars of giveaway money that flows into the markets that create an appreciation of assets but again, leaves the real economy behind.” Hosts Robert and Kim Kiyosaki and guest Nomi Prins discuss how the financial markets have abandoned the real economy forever and what that means to the average person. Get Nomi Prins' New Book! https://nomiprins.com/books/#permanent-distortion

Rich Dad Co-founders Robert and Kim Kiyosaki are joined by two of the best sources of information on the current economy - Nomi Prins, former Wall Street Insider and trusted friend, and Andy Tanner, the Rich Dad Advisor for Paper Assets. You will be exposed the lies you are being sold as they discuss strategies to profit and protect your money! If you want hard hitting truth and specific strategies that you can apply to your life right away - this is the event for you.After viewing this event, take advantage of a special offer for Podcast listeners to help you get started as an investor: https://bit.ly/RDWRDPodcast3D *SPECIAL OFFER* You'll get Robert Kiyosaki's Choose to BE RICH System which includes everything you need to achieve financial freedom. Plus, for a limited time – you'll also get access to 6 FREE LIVE Mastermind sessions with Robert's certified Rich Dad Coaches - a $2,000 value (This offer is subject to change at any time). What's included: Robert's Complete Choose to BE RICH online course and 2 additional free bonuses: Your Personal “BE RICH” Profile (powered by the Myers-Briggs Type Indicator) and Robert's Quickstart Guide, to completely change the way you think about money and finances. https://bit.ly/RDWRDPodcast3D

In this Part 2 of our interview with former Wall Street insider Nomi Prins, we explore the potential for new Distributed Finance, aka Defi, technologies to disrupt the financial system and reduce the control big banks currently have over it. Will DeFi prove to be Wall Street's Kryptonite? Possibly, though the banks aren't taking the fight lying down. Nomi also shares her preferred investments given her macro outlook. She's a fan of the inflation trade, as well as technology and infrastructure plays. See the YouTube Video for the charts and graphics: https://youtu.be/tFCyv5I49h4

For those of us interested in what's truly going on within the financial system -- the who, what, why and how behind it all -- there are few better sources than a highly-informed investigative financier with a talent for engaging storytelling. One of the best is Nomi Prins, former partner at Goldman Sachs turned financial journalist and author of such Wall Street exposés as the books All The Presidents Bankers and Collusion: How Central Bankers Rigged The World. Here's an interview Adam recorded with her last month back in February, before the Russian invasion of Ukraine, that we're now finally able to make available to the general public. We delve into the distortions the Federal Reserve has created in the markets, as well as Wall Street's cartel-like stranglehold on our financial system – both of which will definitely make your blood boil a bit. But we also talk a bit about how the promise of new Decentralized Finance or “defi” solutions may take some of the advantage away from the bankers. See the YouTube Video for the charts and graphics: https://youtu.be/qDqdtkeSwcA