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Money at the top of the world: How central banks became a global superpower.

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The top central banks in the world - the Federal Reserve, the European Central Bank, the Bank of Japan - have basically given $21 trillion - the size of the entire economic production of the United States - into the banking system. This empowers the banks to continue with the risky practices that have become the financial crisis. Now they're doing it on the back of more money provided to them, in conjunction with having the failed so badly, and having imploded economies and the financial system.

Journalist Nomi Prins explains how central banks bought world power after the 2008 financial crisis - by flooding global markets with fabricated, no-strings-attached money, moving profit and power constantly upwards, and floating above the economic and political crises of their own construction... for now.

Nomi is author of Collusion: How Central Bankers Rigged the World from Nation Books.

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Guest

Nomi Prins

Nomi Prins is a journalist, author and Senior Fellow at the non-partisan public policy think tank, Demos.

nomiprins.com

 

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