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Permanent Distortion
Permanent Distortion

OUT OCTOBER 11, 2022

Permanent Distortion

How Financial Markets Abandoned the Real Economy Forever

This is the untold story of the ever-growing divide between the financial markets and the real economy, and the unprecedented crises it has caused. Discover how “free markets” are vanishing, what power shift is bringing in a new world order, why trade wars have only just begun, and the real driver of social unrest.

About Nomi

Nomi Prins is a geopolitical financial expert and investigative journalist who sheds light on the dark corners of the global economy, while empowering people with the knowledge they need to make informed decisions.

Speaking Engagements

FEATURED VIDEO:

Squawk Box Europe: Markets have been inflated by central bank policy. Check out Nomi on CNBC Europe.

“If we had 0% inflation month on month every month (which would be incredibly dovish) until the end of the year, we would still have inflation above 6% in December” say analysts at Mirabaud. “The momentum may be decelerating but... 8.5% is still too high.” https://www.ft.com/content/1a9b97c1-082d-4b85-ba11-622b63503a78

"The more you experience a price, the more sensitive you are to it going up. That’s one reason why the cost of gas is such a hot-button political issue — millions of Americans are confronted with... The same goes for groceries and sandwich spreads." https://www.bloomberg.com/news/articles/2022-08-11/is-it-inflation-mayonnaise-prices-show-just-how-imperfect-cpi-can-be

Even if we had zero additional inflation for the rest of the year, CPI would not reach Fed’s 2% target (applying pre- or post-COVID averages brings it down much less)
@biancoresearch @BLS_gov @ClevelandFed

It's the online premiere of the #rulesymposium -- tomorrow! Join us for some great live discussion and talks from the best thinkers in economics and resource investing https://online.rulesymposium.com/?sc=UyednDXI&ac=JbT4wU9T @JamesGRickards @nomiprins @DiMartinoBooth @DA_Stockman @RealRickRule

My book Permanent Distortion is out in 2 months! Grateful to work w/ @HachetteUS, @Public_Affairs.

It reveals how the pandemic sent Wall Street into overdrive while the economic reality on Main St has reached a point of no return.

Preorder available now! https://www.hachettebookgroup.com/titles/nomi-prins/permanent-distortion/9781541789067/

"The Fed created major distortions in a market where many Americans have most of their wealth, and the impact may be felt for decades." https://www.bloomberg.com/opinion/articles/2022-08-11/fed-s-damage-to-housing-market-may-last-years

Brilliance from @tomkeene on @bsurveillance when speaking to a possible easing cycle, inflation and Fed policy. “It’s horse and kart. One of the hardest things to understand in any cycle is that markets are always in front of the kart - which is monetary authorities.”

This ProPublica piece lays out what private equity firms really do.

PE firms often result in worker layoffs + furloughs in order to extract money from businesses (while adding to debt loads). Typically, cutbacks come with worsening services for consumers. https://www.propublica.org/article/what-is-private-equity

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PRESS

“[An] unflinching, troubling exposé … well worth a close read by anyone looking to understand the roots of the last crash and prepare for the next.”
Publishers Weekly

“A somber, important warning that’s likely to cause readers to wonder about the safety of their assets, if not fear for the near-term future.”
Kirkus Reviews

“Prins offers practical and tactical solutions for preventing the downfall of the current over-inflated economy. This thoroughly researched, high-level view of central-bank operations would be interesting to those in the finance, banking, and economic fields.”
Booklist