A riveting exposé of a permanent financial dystopia, its causes, and
real-world consequences 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."
