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Permanent Distortion
Permanent Distortion


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 financial historian 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


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

"Powell moved to exempt banks’ venture capital investments from the Volcker Rule, which is aimed at preventing federally-insured banks from using deposits to invest in risky assets. SVB... had been pushing for that exemption..."

"Where does the public subsidy end and the private responsibility for private risk-taking begin?" asks professor @STOmarova on Odd Lots.

A fascinating conversation that digs into the political side of banking finance and a lot more. via @markets

Bank stocks are breaking down again today.

Current levels would be a new closing low for the entire crisis.

Sure glad the situation has stabilized!

While the situation is different from the global financial crisis, the extent that the Fed's "emergency" lending facilities opened up to U.S banks last week is striking.

Comparable to levels seen via the discount window in the '08 crisis.

“It’s astounding that Yellen and Powell would have given contradictory messages on bank deposits at the same time. Powell essentially said that all deposits are safe, Yellen said, ‘Hold my beer.’” @schiavarone

"The banking crisis and the widening spread in the mortgage market suggest that Fed policymakers should pause tightening to avoid any further turmoil in the credit markets and even greater financial instability." via @yardeni



“[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.”