Episode description

Before becoming a renowned journalist and public speaker, Nomi Prins reached the upper echelons of the financial world where she worked as a managing director at Goldman Sachs, ran the international analytics group at Bear Stearns, was a strategist at Lehman Brothers, and an analyst at the Chase Manhattan Bank. During her time on Wall Street, she grew increasingly aware of unethical practices that readily permeated the banking industry. Eventually, she decided to become an investigative journalist to expose the ways that financial systems are manipulated to serve the wealthy.

Nomi’s latest best-selling book, Collusion: How Central Bankers Rigged the World, explores the conditions that led to the rise of powerful central banks and the impact they have on markets and the global economy. She argues that central banks and institutions like the IMF and the World Bank are overstepping their mandates by using the flow of money to control global markets and dictate economic policy, both at the domestic and global level. These public institutions have become so dependent on funding from private banking and the revolving door between the two worlds is so smooth, that public and private banks are effectively working toward the same goals.

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