Skip to content
Menu
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.

* The EM credit crunch. (2013)
* The Asian financial crisis (1997)
* Orange County (1995)
* The savings and loan crisis (1980s)

All can be “linked to tighter US monetary conditions,” says JPMorgan. And “recent weeks have shown a substantial rise in .. credit market stress.”

Worst monthly drop for S&P 500 since March 2020, making for another weak quarter as stocks couldn’t hold onto gains; REITs turned higher today while Utilities fell most … NASDAQ had worst month (close to R2000 Value) relative to peer indexes and is down 32% YTD

The other worry is that the whipsawing markets will expose the weak hands among asset managers, hedge funds and other players who may have been overleveraged or took on unwise risks. Margin calls and forced liquidations could further roil markets… https://www.cnbc.com/2022/10/01/the-fed-is-breaking-things-heres-what-has-wall-street-on-edge-as-risks-rise-around-the-world.html

temporarily unlimited

https://www.bloomberg.com/news/articles/2022-09-28/boe-to-carry-out-purchases-of-long-dated-uk-bonds-to-calm-market?sref=q1j4E2z1

Dr. Nomi Prins: The Fed has Permanently Distorted the World
https://palisadesradio.ca/dr-nomi-prins-the-fed-has-permanently-distorted-the-world/
@nomiprins #UnitedStates #China #Brazil #Economy #Debt #Fed #CentralBanking #Banks #Collusion #Fiat #Rates #Unemployment #ArtificialMarkets #Inflation #EnergyCrisis

"The Fed’s war on inflation comes at a risk. Policy takes time to work, and the Fed is moving so quickly in its bid to choke off inflation that it isn’t waiting to see the effects of its moves fully take hold before ushering in new ones." https://www.nytimes.com/2022/09/30/business/economy/inflation-fed.html?smid=tw-share

Excited to share that my new book, Permanent Distortion is out October 11.

It details how central bank responses to the pandemic sent Wall Street into overdrive while Main Street was left behind. I hope you're able to check it out!

You can preorder now: https://www.hachettebookgroup.com/titles/nomi-prins/permanent-distortion/9781541789067/

"Doing central bank asset purchases in a world where you're tightening monetary policy is a very difficult message to get across to the outside world"

— At Jackson Hole on Aug. 27, BOE Governor Andrew Bailey mused about the very scenario the central bank faced on Sept 28.

LOAD MORE...

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