The Julia La Roche Show, Released on 11/3/22
0:43 Goldman Sachs MD to investigative journalist
3:05 What is the Permanent Distortion
5:00 The Fed is at the epicenter
8:55 The Fed is pretending to be an inflation hero
13:02 One big convenient lie
14:55 Relationship between the Fed and Wall Street
18:00 Will the Fed ever be reformed?
21:06 Unelected officials control the money
22:33 Credibility of the Fed
24:08 From a great distortion to a permanent distortion
27:44 Inflation likely to remain higher than Fed’s 2% target
32:02 Fed could’ve mitigated the home/rent part of inflation
35:11 What would Dr. Prins ask Fed Chair Jerome Powell?
36:40 Dr. Prins speeches before central bankers
40:10 Why central banks globally act in lockstep
41:49 Meme stock mania a symptom of Fed policies
44:20 The evolution of Bitcoin
47:33 Solutions to address the permanent distortion
50:40 5 economic sectors emerging
52:20 What happens if nothing changes?
54:00 Final thoughts
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, Collusion: How Central Bankers Rigged the World and Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever.