We've got war, we've got inflation. We've got food shortages and an impending recession.

Many of the things we read about in history books are all happening right now.

But what's really going on here?

Nomi Prins is a former banker at Goldman Sachs, a Wall Street insider, and a leading authority on how the widespread impact of financial systems continues to impact our daily lives through her decades of analyzing and investigating economic and financial events. She is the author of Collusion: How Central Bankers Rigged the World, in which she examines how the 2007-2008 financial crisis triggered a massive shift in the global order.

On this episode of The Wiggin Sessions, Nomi joins me to offer her perspective on what's happening in the inner workings of the Fed, the banks, the financial markets, and the general economy.

Listen in to understand what Nomi calls the great financial distortion and how the central banks rigged the world so that money is now replicating itself like a virus. Plus, Nomi shared what Wall Street doesn't want you to know about growing and protecting your wealth during the impending financial Armageddon.

Key Takeaways

Nomi shares her insight on how larger institutions and investors pivot communication and money toward a crisis like the current energy shortage

What happened in the financial crisis of 2008 through quantitative easing

Why Wall Street and other financial players like us to stay in the cheap money

Nomi shares what's at the heart of what she calls distortion when money replicates itself.

Why the permanent distortion—the four and a half trillion-dollar book of assets accumulated during the pandemic—will never be undone

Why the Feds delayed, and off-kilter focus got us to where we are, and what needs to happen now

How does the slowdown in economic growth in other countries translate into what happens in the US

Which sectors will benefit from these games being played by the Fed and the banks

Why Nomi thinks you should stay the course with your 401k

Where can investors find opportunities now in this distortion cycle

Connect with Nomi Prins

Nomi Prins

Nomi on LinkedIn

Nomi on Twitter

Connect with Addison Wiggin

Consilience Financial

Be sure to follow The Wiggin Sessions on your socials. You can find me on—

Facebook @thewigginsessions

Instagram @thewigginsessions

Twitter @WigginSessions

Resources

Distortion Insider

Nomi’s Distortion Report on Wiggin Sessions

Nomi Prins—The Consummate Wall Street Insider Exposing the Real Money Flow - EP08

Christopher Leonard—Are the Federal Reserve's Interest Rate Increases Too Little, Too Late? EP51