In this searing expos, former Wall Street insider Nomi Prins shows how the 2007-2008 financial crisis turbo-boosted the influence of central bankers and triggered a massive shift in the world order.Central banks and international institutions like the IMF have overstepped their traditional mandates by directing the flow of epic sums of fabricated money without any checks or balances. Meanwhile, the open door between private and central banking has ensured endless opportunities for market manipulation and asset bubbles--with government support.Through on-the-ground reporting, Prins reveals how five regions and their central banks reshaped economics and geopolitics. She discloses how Mexico navigated its relationship with the US while striving for independence and how Brazil led the BRICS countries to challenge the US dollar's hegemony. She explains how China's retaliation against the Fed's supremacy is aiding its ongoing ascent as a global superpower and how Japan is negotiating the power shift from the West to the East. And she illustrates how the European response to the financial crisis fueled instability that manifests itself in everything from rising populism to the shocking Brexit vote.Packed with tantalizing details about the elite players orchestrating the world economy--from Janet Yellen and Mario Draghi to Ben Bernanke and Christine Lagarde--Collusion takes the reader inside the most discreet conversations at exclusive retreats like Jackson Hole and Davos. A work of meticulous reporting and bracing analysis, Collusion will change the way we understand the new world of international finance....
|Title||:||Collusion: How Central Bankers Rigged the World|
|Number of Pages||:||384 pages|
|Url Type||:||Home » Collusion » Collusion: How Central Bankers Rigged the World|
Collusion: How Central Bankers Rigged the World Reviews
I read this book after hearing Nomi Prins interviewed by Erik Townsend on the Macrovoices podcast. I thought the interview was fascinating enough that I should read her book. After reading the book, I thought of something I heard said from Patrick O'Shaughnessy (Invest Like the Best podcast) - it is rare that a book is worth reading after hearing the author interviewed. That is how I feel. I also agree with the 5 other reviews currently on Goodreads. First, the first sections on Brazil and Mexic ...more