Central banks and institutions like the IMF and the World Bank are overstepping the boundaries of their mandates by using the flow of money to control global markets and dictate economic policy both at the domestic and global level. These public institutions have become so dependent on funding from private banking and the revolving door between the two worlds is so smooth that public and private banks are effectively working toward the same goals. Packed with bold-faced names from the world of finance--from Janet Yellen, Mario Draghi, and Ben Bernanke to Christine Lagarde and Angela Merkel--COLLUSION sheds a bright light on the dark conspiracies and unsavory connections between what is ostensibly private and public banking and how it affects us.
Central banks and institutions like the IMF and the World Bank are overstepping the boundaries of their mandates by using the flow of money to control global markets and dictate economic policy both at the domestic and global level. These public institutions have become so dependent on funding from private banking and the revolving door between the two worlds is so smooth that public and private banks are effectively working toward the same goals. Packed with bold-faced names from the world of finance--from Janet Yellen, Mario Draghi, and Ben Bernanke to Christine Lagarde and Angela Merkel--COLLUSION sheds a bright light on the dark conspiracies and unsavory connections between what is ostensibly private and public banking and how it affects us.
Nomi Prins is a journalist, speaker, respected TV and radio commentator, and former Wall Street executive. The author of six books, including All the Presidents' Bankers, Other People's Money, and It Takes a Pillage, her writing has been featured in the New York Times, Fortune, Mother Jones, Guardian, and Nation, among others. She was a member of Senator Bernie Sanders (D-VT) Federal Reserve Reform Advisory Council, and is on the advisory board of the whistle-blowing organization ExposeFacts.
"[An] unflinching, troubling exposé... well worth a close read by
anyone looking to understand the roots of the last crash and
prepare for the next."--Publishers Weekly
"After the 2008 economic collapse, central banks created $21
trillion of money to stave off a global depression. But who got all
that new money? And how was it used? The always insightful Nomi
Prins, after traveling the globe for answers, reveals the shocking
truth-and she does it in plain English so everyone can understand
the awful facts."--David Cay Johnston, bestselling author of It's
Even Worse Than You Think
"Captivating... an exposé of the highest order - an all-inclusive
and wide-ranging attempt to draw back the curtain and illuminate
those who are truly pulling the strings controlling the progression
of world events... Prins leaves virtually no stone unturned in this
comprehensive and mesmerizing indictment... Prins is able to write
with an authority virtually nonexistent - or certainly unrivaled -
among her peers."--Bowling Green Daily News
"Central banks, led by the Federal Reserve, are the opioids for
private banks addicted to being reckless with other people's money.
Prins, drawing from her previous work in Wall Street firms and her
present field research around the world, says, 'We are headed for
another epic fall.' Taxpayers, workers and consumers who will
suffer from another bailout, all better read this clear, concise,
compelling book."--Ralph Nader
"Meet the Lords of Finance of the twenty-first century. Prins'
in-depth reporting explores how central bankers' political
aspirations came to supersede their duties to safeguard their
economies. With few options, central bankers will become more
desperate with hopes that more collusion will save the day. Read
this book to understand how very wrong they are and to fully grasp
the danger that lies in wait."--Danielle DiMartino Booth, author of
Fed Up and former Federal Reserve advisor
"Prins has emerged as one of the fiercest critics of crony
capitalism and its sustained attacks against poor and working
people. This is the book that the financial elites don't want you
to read."--Jeremy Scahill, Academy Award-nominee, bestselling
author of Blackwater, and cofounder of The Intercept
"Prins is that rare combination of real-world expertise, scholarly
method, and a brilliant writing style. Collusion is urgent and
timely. A must-read for savers, students, journalists, and public
officials."--James Rickards, bestselling author of Currency Wars
and The Death of Money
"Scarier than Stephen King horror fiction. Prins, a refugee from
Goldman Sachs, tells the truth on her fellow banksters and their
abuse of the scary uber-power they wield when they take control of
money-printing machinery of the world's central banks.
Astonishingly, she got deep inside these secretive power
chambers-and came out alive with truly fascinating tales of the
blood diamonds of global finance. I particularly enjoyed, if you
can use that word, her exposure of the cruelty and cupidity of the
banking potentates who suffocated Greece to please the gods of
Markets and Mammon."--Greg Palast, author of The Best Democracy
Money Can Buy
"The US doesn't have a financial press. It has something
better-Nomi Prins. Read this book to understand the central bank
conspiracy against the world economy."--Paul Craig Roberts, former
Wall Street Journal editor and assistant secretary of the US
Treasury
A somber, important warning that's likely to cause readers to
wonder about the safety of their assets, if not fear for the
near-term future.--Kirkus Reviews
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