Nomi PrinsNomi Prins

Nomi Prins is a renowned journalist, author and speaker. Her latest book, Collusion: How Central Banks Rigged the World is an expose into the 2007-2008 financial crisis and how the influence of central bankers triggered a massive shift in the world order. Her last book, All the Presidents' Bankers, is a groundbreaking narrative about the relationships of presidents to key bankers over the past century and how they impacted domestic and foreign policy. Her other books include a historical novel about the 1929 crash, Black Tuesday, and the hard-hitting expose It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from Washington to Wall Street (Wiley,2009/2010). She is also the author of Other People’s Money: The Corporate Mugging of America (The New Press, 2004) which was chosen as a Best Book of 2004 by The Economist, Barron's and The Library Journal, and Jacked (Polipoint Press, 2006).

She has appeared on numerous TV programs: internationally for BBC, RtTV, and nationally for CNN, CNBC, MSNBC, CSPAN, Democracy Now, Fox and PBS. She has been featured on hundreds of radio shows globally including for CNNRadio, Marketplace, NPR, BBC, and Canadian Programming. She has featured in numerous documentaries shot by international production companies, alongside prominent thought-leaders, and Nobel Prize winners.

She is a Forbes contributor. Her writing has been featured in The New York Times, Forbes, Fortune, Newsday, Mother Jones, Truthdig, The Guardian, The Nation, Alternet, NY Daily News, LaVanguardia, and other publications.

Her engaging key-note speeches are thoughtfully tailored, and she has spoken at numerous venues including at the Federal Reserve / IMF / World Bank Annual global central bank conference, the Purdue University/Sinai Forum, University of Wisconsin Eau Claire Forum, Ohio State University Law School, Columbia University, Pepperdine Graduate School of Business, Manhattan College, National Consumer Law Center, Environmental Grantmakers Association, Sprott’s Gold Symposium, NASS Spinal Surgeons Conference, and the Mexican Senate.

She was a member of Senator (and presidential contender) Bernie Sanders (I-VT) Federal Reserve Reform Advisory Council, and is listed as one of America's TopWonks. She is on the advisory board of the whistle-blowing organization ExposeFacts, and a board member of animal welfare and wildlife conservation group, Born Free USA.

Nomi received her BS in Math from SUNY Purchase, and MS in Statistics from New York University, where she completed all required coursework for a PhD in Statistics. Before becoming a journalist, Nomi worked on Wall Street as a managing director at Goldman Sachs, ran the international analytics group as a senior managing director at Bear Stearns in London, and worked as a strategist at Lehman Brothers and an analyst at the Chase Manhattan Bank.

She is currently a Distinguished Senior Fellow at the non-partisan public policy think-tank, Demos.

The Unremarkable Fed

As we’ve been saying, we don’t anticipate any change in monetary policy of the Fed any time soon. It’s likely the upcoming annual Jackson Hole gathering of elite global central bankers will lean towards retaining cheap money policies while monitoring economic growth prospects amidst any signs of rising cases (albeit fewer deaths) of virus variants impacting it. Read Nomi’s commentary for her thoughts on the latest Fed news (or non-news).

In Bed With The Fed

The Federal Reserve recently announced that the 23 banks that had undergone so-called “stress tests” to determine whether they had enough capital on hand in case of a crisis sailed through with flying colors. The reality is that the biggest banks are very well-positioned to pass any stress tests because they’ve had a steady diet of Fed money since the financial crisis of 2008, which was amplified after the pandemic crisis. Watch this video as Nomi explain more in this interview on how banks and the Fed interact to continue propping up stocks on Wall Street.

Signs of Life Like It’s 2019

What appears to be major price inflation is really about comparisons to super cheap prices at the height of the pandemic in 2020. That’s the base effect that Jim has mentioned in his writings. Economic activity is increasing, and the travel and leisure sector is showing signs of life pre-pandemic. Read Nomi’s commentary for her thoughts on a revitalized American social scene.

Navigating Through A Post-Pandemic Recovery

As American reopens and economic recovery begins, there are many complexities involved in pulling ourselves out of the pandemic crisis. The impact of the economic downturn will be felt for many years to come in the form of deflation, inflation and government spending. Watch Nomi explain more in this interview during a Boston Public Library special event.

New Fedspeak Is Not Welcomed By Markets

Markets reacted to small language changes in the latest Fedspeak given after the June FOMC meeting. As long as the Fed is just talking and not doing much to change its money printing policy – which is what the U.S. Treasury 10-year yield told us last week when it dropped instead of rose – investors will seek alternative asset classes to grow their wealth and diversify. That’s why Jim recommends gold being part of your investment portfolio. Read Nomi’s commentary for her thoughts.

The Open Road To A New Infrastructure Deal

The U.S. needs to upgrade and build its infrastructure in order to compete with the outside world, especially with China. That’s something on which both parties agree. They also concur that our history has shown us that solid infrastructure can bring good jobs and economic benefits. Whether a full package is agreed upon, or infrastructure investments is given a sequence of greenlights through individual bills, we remain confident that the future of America is a wide-open road. Read Nomi’s commentary for her thoughts.