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Nomi Prins: Keynote speaker who addressed the Federal Reserve, IMF and the World Bank – Nomi is a renowned journalist, author and speaker. Her latest book, “PERMANENT DISTORTION: How Financial Markets Abandoned the Real Economy Forever”– Nomi Prins examines the consequences of the unstable economy that caused what she calls the state of Permanent Distortion; a wedge between a funhouse financial realm that thrives even in times of social and political disorder, and a struggling economic one that does not adequately meet the needs of the general population. Through deep reporting and insightful analysis, Prins navigates the critical points in between the two polarities, including how the concept of “free markets” is dead, how a political power shift is bringing in a new world order, why trade wars have only just begun, and why we’re in for more civil and social unrest, as a result.
Nomi Prins is a renowned journalist, author and speaker. Her latest book, “PERMANENT DISTORTION: How Financial Markets Abandoned the Real Economy Forever” The untold story of the ever-growing wedge between the financial markets and the real economy, and the unprecedented crises it has caused. The 21st century has produced two major financial crises and many smaller ones in between. The fallout created chaos and disruption for people at all levels of the global economy. To buy Nomi Prins’ new book “PERMANENT DISTORTION: How Financial Markets Abandoned the Real Economy Forever” CLICK HERE!
As a managing director at Goldman Sachs, Nomi became discouraged by unethical practices. 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 effect 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 geo-political-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 manipulated to serve the interests of an elite few at the expense of everyone else.
Nomi makes regular television appearances on BBC, CNN, CNBC, MSNBC, CSPAN, Democracy Now, Fox and PBS. She has been a guest on hundreds of radio shows including for Marketplace, NPR, BBC, and Canadian Programming. She has also appeared in several award-winning documentaries alongside other prominent thought-leaders. Her writing has been featured in The New York Times, Forbes, Fortune, Newsday, The Guardian, The Nation, New York Daily News, La Vanguardia, and Salon.com, among other publications. Nomi has appeared on hundreds of television and radio shows including CNN, MSNBC & Fox
She established international distinction for her presentation at the annual gathering of senior level governors and officials hosted by the Federal Reserve, International Monetary Fund (IMF) and World Bank conference in Washington D.C. Represented by the American Program Bureau, Nomi has delivered keynote speeches at many prominent global venues including the London School of Economics, the UK Parliament, the Mexican Senate, the Tokyo Stock Exchange, Google, Columbia University and the National Consumer Law Center.
Prins’ insights and unparalleled observations have made her sought by politicians from all parties for advice and analysis of the financial system and the economy. Nomi served as a member of Senator (and presidential contender) Bernie Sanders’ Federal Reserve Reform Advisory Council. She is listed as one of America’s TopWonks. She is also on the advisory board of the whistle-blowing group ExposeFacts, a board member of animal welfare and wildlife conservation group The Elephant Project, and a member of the global advisory board of Ethical Markets.
Nomi received her BS in Math from SUNY Purchase, and MS in Statistics from New York University, where she completed coursework for a PhD in Statistics. As a lifelong learner, she encourages others to do their own research, continue to ask big questions and think for themselves.
PERMANENT DISTORTION: How Financial Markets Abandoned the Real Economy Forever – The untold story of the ever-growing wedge between the financial markets and the real economy, and the unprecedented crises it has caused. The 21st century has produced two major financial crises and many smaller ones in between. The fallout created chaos and disruption for people at all levels of the global economy. Nomi Prins examines the consequences of the unstable economy that caused what she calls the state of Permanent Distortion; a wedge between a funhouse financial realm that thrives even in times of social and political disorder, and a struggling economic one that does not adequately meet the needs of the general population. Through deep reporting and insightful analysis, Prins navigates the critical points in between the two polarities, including how the concept of “free markets” is dead, how a political power shift is bringing in a new world order, why trade wars have only just begun, and why we’re in for more civil and social unrest, as a result.
The world is standing at the precipice of a once in a century phenomenon that’s occurring right now. I’ve coined this condition as a permanent distortion between the financial markets and the real economy. This concept, as defined by my term “Permanent Distortion,” is discussed at length in my November 2020, PhD thesis.
Before all the turbo-charged central bank activity that happened in the wake of the pandemic, this gap between market and the economy was just a distortion. Markets were floating on the back of gushing money flows, while the real economy was barely receiving the equivalent of drops from that fabricated surplus. My prior books and work discuss the evolution and history of what lead to our current condition. For now, there’s no going back to what was. There’s only moving forward with the best possible education, innovation, understanding, analysis, approach, and strategies to meet this moment.
To learn more about this period of Permanent Distortion, here are a few selected links from some of my interviews on this topic:
Greg Hunter (July, 2020)
Living in a Permanent Distortion
King World News (October, 2020)
CNBC International (August, 2021)
“Fed’s Stimulus Into Markets Rather Than Economy ‘Missed Opportunity,’ Says Author”
The Jay Martin Show, Cambridge House International (October, 2021)
“Permanent Distortion: How Central Banks Are Ruining Society”
Please stay tuned, for October 2022, when my new book Permanent Distortion will be out. You can pre-order Permanent Distortion by selecting this link. In the forthcoming book, I’ll reveal the causes, effects, and future of this phenomenon and why it matters to the economy and the financial system. Over the months and years ahead, I will be providing a number of avenues where you can access information about my concept of Permanent Distortion, as well as developing ongoing strategies to calibrate your financial and economic situation in this new paradigm. These will include content and insights in articles, newsletters, TV and radio interviews, book tours, speaking engagements and social media platforms.
If you would like to book a speaking engagement on Permanent Distortion, please click here.
COLLUSION: How The Central Bankers Rigged The World –In this searing exposé, former Wall Street insider Nomi Prins shows how the 2007-2008 financial crisis turbo-boosted the influence of central bankers and triggered a massive shift in the world order.
Central banks and international institutions like the IMF have overstepped their traditional mandates by directing the flow of epic sums of fabricated money without any checks or balances. Meanwhile, the open door between private and central banking has ensured endless opportunities for market manipulation and asset bubbles — with government support.
Through on-the-ground reporting, Prins reveals how five regions and their central banks reshaped economics and geopolitics. She discloses how Mexico navigated its relationship with the US while striving for independence and how Brazil led the BRICS countries to challenge the US dollar’s hegemony. She explains how China’s retaliation against the Fed’s supremacy is aiding its ongoing ascent as a global superpower and how Japan is negotiating the power shift from the West to the East. And she illustrates how the European response to the financial crisis fueled instability that manifests itself in everything from rising populism to the shocking Brexit vote.
Packed with tantalizing details about the elite players orchestrating the world economy — from Janet Yellen and Mario Draghi to Ben Bernanke and Christine Lagarde — Collusion takes the reader inside the most discreet conversations at exclusive retreats like Jackson Hole and Davos. A work of meticulous reporting and bracing analysis, Collusion will change the way we understand the new world of international finance.
All the Presidents’ Bankers is a groundbreaking narrative of how an elite group of men transformed the American economy and government, dictated foreign and domestic policy, and shaped world history.
Culled from original presidential archival documents, All the Presidents’ Bankers delivers an explosive account of the hundred-year interdependence between the White House and Wall Street that transcends a simple analysis of money driving politics—or greed driving bankers.
Prins ushers us into the intimate world of exclusive clubs, vacation spots, and Ivy League universities that binds presidents and financiers. She unravels the multi-generational blood, intermarriage, and protégé relationships that have confined national influence to a privileged cluster of people. These families and individuals recycle their power through elected office and private channels in Washington, DC.
All the Presidents’ Bankers sheds new light on pivotal historic events—such as why, after the Panic of 1907, America’s dominant bankers convened to fashion the Federal Reserve System; how J. P. Morgan’s ambitions motivated President Wilson during World War I; how Chase and National City Bank chairmen worked secretly with President Roosevelt to rescue capitalism during the Great Depression while J.P. Morgan Jr. invited Roosevelt’s son yachting; and how American financiers collaborated with President Truman to construct the World Bank and IMF after World War II.
Prins divulges how, through the Cold War and Vietnam era, presidents and bankers pushed America’s superpower status and expansion abroad, while promoting broadly democratic values and social welfare at home. But from the 1970s, Wall Street’s rush to secure Middle East oil profits altered the nature of political-financial alliances. Bankers’ profit motive trumped heritage and allegiance to public service, while presidents lost control over the economy—as was dramatically evident in the financial crisis of 2008.
This unprecedented history of American power illuminates how the same financiers retained their authoritative position through history, swaying presidents regardless of party affiliation. All the Presidents’ Bankers explores the alarming global repercussions of a system lacking barriers between public office and private power. Prins leaves us with an ominous choice: either we break the alliances of the power elite, or they will break us.