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."
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