Why The Market Is Not The Economy (w/ Nomi Prins)
Current Affairs - A podcast by Current Affairs
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Nomi Prins is one of the country's leading financial journalists, who has gone from working on Wall Street to exposing the inner workings of the economy and how it is rigged in favor of the powerful. Her books include Other People's Money: The Corporate Mugging of America, Collusion: How Central Bankers Rigged the World, and most recently Permanent Distortion: How Financial Markets Abandoned the Real Economy Forever. Today Nomi joins Nathan to explain how the financial markets and the "real economy" became so disconnected and why the actions of central banks make such a difference to our lives. She also talks about the real causes of inflation and what we need to do to avoid a future of unending economic and political crises. Last week we only released one episode instead of two, so this week we're putting out three to make up for it.