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A riveting exposΓ© of a permanent financial dystopia, its causes, and real-world consequences Β 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.Β The other doesnβt. It is the product of years of loose money, poured by central banks into a system dominated by financial titans.Β It is powerful enough to send stock markets higher even in the face of a global pandemic and threats of nuclear war. Β Β
Β
This parting from reality
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Book ID Asin: B09RWPBWDS
Book Title: Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever
Book Author: Nomi Prins
Book Format and Price:
Book Format Name: Kindle
Book Format Price: $18.99
Book Format Name: Audiobook
Book Format Price: $0.00
Book Format Name: Hardcover
Book Format Price: $25.04
Book Format Name: AudioCD
Book Format Price: $35.66
Book Price: unknown
Book Category: Kindle Store, Kindle eBooks, Business & Money and unknown
Book Rating: 43 ratings
Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever by Nomi Prins Book Review
Name: tazman
Rating: 5.0 out of 5 stars
Title: unraveling the Distortion
Date: Reviewed in the United States πΊπΈ on January 25, 2023
Review: Book fills you in on why the money printing and other factors have put us in a place of extreme change. No review will be adequate for this book,you must read it. Enjoy!
Name: Servando Patlan
Rating: 5.0 out of 5 stars
Title: Metamorphosis the last chapter Is important
Date: Reviewed in the United States πΊπΈ on December 1, 2022
Review: Metamorphosis, the last chapter Is the most important chapter. One thing I feel all these books miss is the innovation at the bottom of the financial heirarchy, the undocumented immigrants who manage to migrate, work, love, and those recruited by organizrd crimen prosper whereever they are. Income inequality and justice inequality invite organized crime to close the Gap and that Is how we have already lost our community, government, and countries.
Name: ABZ
Rating: 5.0 out of 5 stars
Title: Inexorable Read
Date: Reviewed in the United States πΊπΈ on November 5, 2022
Review: Nomi has written a powerful book. For the everyday worker working long hours is not observing the economy. Nomi displays the economy spinning out of control, by presenting facts and events. The recession is imperiled peoples finances into ruin. Nomi explains the printing of money as anesthetic to not solving problems. The economic depression is going to be long-term and the future is worrying, Nomi has shaken me of the reality that is happening right now, feels like the economy is against the everyday factory worker. Nomi has helped me and the everyday hard worker on how events shape the economy. Nomi's book is well researched and is a vital read for everyone. I have leant so much from this book.
recommendations: Rich Dad's Prophecy By Robert kiyosaki,
Name: James G. Rickards
Rating: 5.0 out of 5 stars
Title: This book shows how finance has separated from economics and only serves the banks not the people.
Date: Reviewed in the United States πΊπΈ on November 7, 2022
Review: Nomi Prins has done it again. She's the best writer around offering original and deep research into the history of banking and the relationship between banks, the Federal Reserve and the real economy. The fact that the Fed serves the banks and the banks serve themselves is not new. Nomi has demonstrated that in her previous books. What Permanent Distortion adds is that the separation is now complete and irrevocable. The financial markets are detached from the economy and from the people who rely on the economy for jobs, growth, and their portfolios. A backlash is coming and Nomi Prins offers fair warning.
Name: Macee
Rating: 5.0 out of 5 stars
Title: insiders look at real wall street played by wealthy at our expense. Miss this at your expense.
Date: Reviewed in the United States πΊπΈ on December 4, 2022
Review: you couldn't find a resource better for your future in
life, investing, money and policies, if you asked GOD.
Name: S. W.
Rating: 5.0 out of 5 stars
Title: Timely. Smart. Important.
Date: Reviewed in the United States πΊπΈ on October 13, 2022
Review: The book examines whatβs unfolded since the 2008 global financial crisis and unpacks why the central bank policies that were unleashed then never truly went away.
The author then reveals the details and the story behind the Fedβs response to the 2020 pandemic-driven crisis, the long-lasting impacts and she even foresaw the inflationary outcomes that are unfolding today.
Iβd certainly recommend this to anyone with money in the markets, students of history or those trying to navigate whatβs going on right now in the global economy.
Name: MR HALL
Rating: 2.0 out of 5 stars
Title: Very Biased
Date: Reviewed in the United States πΊπΈ on October 25, 2022
Review: Pro Biden anti Trump.
Started out great till it became too political.
Name: XXL
Rating: 3.0 out of 5 stars
Title: Rich in data, weak in proof of the key thesis
Date: Reviewed in the United States πΊπΈ on November 12, 2022
Review: This book is a helpful review of many things happened after WWII in the financial sector world wide, esp. about 2008 crisis. However the book has fallen short in demonstrating its key thesis: the distortion is βpermanentβ.
The book could also be more focused-it wanders off often to many cases and events in details, leaving readers to figure out their linkage to the central theme.
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