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Permanent Distortion Nomi Prins

Permanent Distortion By Nomi Prins

Permanent Distortion by Nomi Prins


£16,00
New RRP £25,00
Condition - Very Good
Only 1 left

Summary

A riveting expose of a permanent financial dystopia, its causes, and real-world consequences

Permanent Distortion Summary

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

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.

About Nomi Prins

Nomi Prins is a journalist, speaker, respected TV and radio commentator, and former Wall Street executive. The author of six books, including All the Presidents' Bankers, Other People's Money, and It Takes a Pillage, her writing has been featured in the New York Times, Fortune, Mother Jones, Guardian, and Nation, among others. She was a member of Senator Bernie Sanders (D-VT) Federal Reserve Reform Advisory Council, and is on the advisory board of the whistle-blowing organization ExposeFacts.

Additional information

GOR013165805
9781541789067
1541789067
Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever by Nomi Prins
Used - Very Good
Hardback
PublicAffairs,U.S.
2022-10-27
352
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Permanent Distortion