Nomi Prins: Financial Crisis 2.0 — Wall Street & The Fed Running Us Off The Rails Again (Part 1/2)

Wealthion, Released on 3/29/22

For Part 2 of this interview, CLICK HERE

For those of us interested in what’s truly going on within the financial system — the who, what, why & how behind it all — there are few better sources than a highly-informed investigative financier with a talent for engaging storytelling. One of the best is Nomi Prins, former partner at Goldman Sachs turned financial journalist & author of such Wall Street exposés as the books All The Presidents Bankers & Collusion: How Central Bankers Rigged The World. Here’s an interview Adam recorded with her last month back in February, before the Russian invasion of Ukraine, that we’re now finally able to make available to the general public. We delve into the distortions the Federal Reserve has created in the markets, as well as Wall Street’s cartel-like stranglehold on our financial system – both of which will definitely make your blood boil a bit. But we also talk a bit about how the promise of new Decentralized Finance or “defi” solutions may take some of the advantage away from the bankers.

*This interview was recorded February 2022

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.

Adam Taggart is the Founder of Wealthion. He is also Co-Founder and former President of Peak Prosperity. Adam is an experienced Silicon Valley internet executive and Stanford MBA. Prior to partnering with Chris Martenson (Adam was General Manager of our earlier site, ChrisMartenson.com), he was a Vice President at Yahoo!, a company he served for nine years. Before that, he did the ‘startup thing’ (mySimon.com, sold to CNET in 2001). As a fresh-faced graduate from Brown University in the early 1990s, Adam got a first-hand look at all that was broken with Wall Street as an investment banking analyst for Merrill Lynch. Most importantly, he’s a devoted husband and dad.

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