Kitco News, Released on 5/23/22

Nomi Prins thinks that the Fed will continue to print money to benefit Wall Street. Yet stock market may benefit from this. Prins is a former Wall Street banker turned investigative journalist and author. Her upcoming book is Permanent Distortion. She spoke with David Lin, anchor and producer at Kitco News.

Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known for her books All the Presidents’ Bankers: The Hidden Alliances that Drive American Power and Collusion: How Central Bankers Rigged the World.

  Fed, inflation, interest rates, recession, stocks