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Author of 'Permanent Distortion' Nomi Prins does not look fondly upon the track record of the Federal Reserve and thinks that they have created far more problems than they are pretending to solve. Nomi provides an in-depth look into the Fed's history of malfeasance and how they were set up from the start to benefit a small group of privileged insiders.
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00:24 How Will the World Change by 2030?
07:05 Would We Be Better Off Without the Fed?
11:13 Risk of Financial Contagion
12:51 History of Fed Malfeasance
14:25 Original Mission of the Fed
17:57 How Will a CBDC Change the System?
21:22 Technological Shift of Money
25:21 BRICS Nations Currency
29:00 Dedollarization in the Media
31:27 Central Bank Gold Accumulation
33:02 Can China Weaponize Gold?
35:45 What Role Will Bitcoin Play?
41:04 Biggest Risks Facing Investors
#thefed #centralbanks #economy