Kitco News, Released on 10/26/22

For Part 1 of this interview, CLICK HERE

Best-selling author, financial expert, and investigative reporter Nomi Prins discusses the rising inequality in the U.S., how Wall Street has benefitted from Fed policy, and why Central Bank Digital Currencies are being developed. She spoke with David Lin, Anchor and Producer at Kitco News.

0:00 – Fed policy and Inequality
9:28 – Post-pandemic forecast
12:46 – Technological progress
15:38 – Central Bank Digital Currencies

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.

  Fed, permanent distortion