Permanent Distortion

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Permanent Distortion

Nomi Prins
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A riveting exposé of a permanent financial dystopia, its causes, and real-world consequences   It is abundantly clear that our world is divided into two very different economies. The real one, for the average worker, is based on productivity and results. It behaves according to traditional rules of money and economics. The other doesn’t. It is the product of years of loose money, poured by central banks into a system dominated by financial titans. It is powerful enough to send stock markets higher even in the face of a global pandemic and threats of nuclear war.   
 
This parting from reality has its roots in an emergency response to the financial crisis of 2008. “Quantitative Easing” injected a vast amount of cash into the economy—especially if you were a major Wall Street bank. What began as a short-term dependency became a habit, then a compulsion, and finally an addiction.    
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Година:
2022
Издателство:
PublicAffairs
Език:
english
ISBN 10:
1541789075
ISBN 13:
9781541789074
Файл:
EPUB, 881 KB
IPFS:
CID , CID Blake2b
english, 2022
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