
NOMI PRINS - Permanent Distortion: How Money Printing Destroyed Our Economic Future
London Real
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What Happened After the Pandemic?
Before the pandemic, central banks were raising rates and then cutting them in 2019. This was because Wall Street wanted money to be looser as a result of its own corporate customers not trusting each other. But post that, how does that lead into permanent distortion? "I never thought that once that sort of genie was out of bottle of central banks being able to help bail out Wall Street," he says.
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