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Last March, the Fed came in and started buying junk for cash by doing that, it has doubled the amount of artificial money flowing to big banks since 2008. As a result, today’s guest says, the Fed, by criminal standards, is laundering money through the banks.
Nomi Prins is the author of “Collusion: How Central Bankers Rigged the World” and a geopolitical financial expert who says, “You can think of money as a virus, it likes to find an easy host in which it can multiply the fastest such as in financial markets like the stock market.” With the injection of money by the Fed, all of this “extra money” has this artificial effect on the markets.
Nomi continues to explain that as the Fed-inflated assets grow relative to real ones, the greater the inequality gap.
Host Kim Kiyosaki and guest Nomi Prins discuss what the post-pandemic market will look like and how you can prepare for what’s ahead.
Find out more information about Nomi Prins publication “Rapid Growth Opportunities”: