"The Fed Has Permanently Distorted the World" Dr. Nomi Prins
Dr. Nomi Prins: The Fed has Permanently Distorted the World
Palisades Gold Radio: 9-30-2022
Tom welcomes economist and author Dr. Nomi Prins to the show. Nomi explains how central banks are adversely affecting everyone on the planet. The Fed is the mothership in this global policy structure. Tensions are building between the United States and China, particularly around monetary policy. Since the financial crisis of 2008 the Fed has blown out their balance sheets with monetary easing.
China had a similar policy, but they channeled that monetary energy into building up the country. As a result, they had significant growth, while in the United States the economy staggered.
She explains how financial markets have become permanently distorted due to a move away from real economics. When there is a crisis, we will once again double the size of the balance sheet to resolve the problem.
This has become a permanent policy because there is no going back. The Fed admits that it would take at least five years to begin to lower their balance sheet. Money remains easily obtainable to the financial system, but it doesn't provide true follow through to the real economy.
She notes that central banks exercise a huge amount of control and power over the economic system. Jerome Powell can move markets, and amounts to a remarkable amount of power. Emerging markets and other central banks end up forced to follow the policies of the Federal Reserve. The majority of them follow closely on the actions of the Fed.
The stronger the U.S. dollar, the harder it is on other fiat currencies.
Central banks do collude to achieve specific goals, and they are rarely transparent about it. At a fundamental level, the system is too complex to go back, and the result is an economic system that is becoming increasingly volatile. The economy really hasn't grown for the last decade. We would have had a series of major corrections if it wasn't for the continuous intervention.
Powell doesn't talk much about what is occurring outside the United States. Major countries like Japan and the U.K. are having to intervene to support their currencies.
The Fed seems to more concerned about what the markets think than the problems of other countries. Europe is already having an economic crisis impacting both industry and citizens alike due to costs of energy.
We're already seeing companies close or reduce hours, and there is no reason to believe that will change anytime soon. The conversation about energy and fuel prices is occurring everywhere in Europe.
Time Stamp References:
0:00 - Introduction
0:46 - Financial Conditions
1:53 - Monetary Restraint
4:50 - Permanent Distortions
9:22 - Monetary Power
11:40 - Following Suit
13:57 - Banking Collusion
19:45 - They Don't Care
21:42 - Increasing Volatility
24:45 - Marginal Utility
29:05 - Feds Inflation Talk
33:52 - Yen & Pound Interventions
38:00 - Energy & Europe
41:12 - Wrap Up
Talking Points From This Episode
- Why there is no going back for the Fed, and its economic policies.
- Impacts of a higher dollar on emerging economies and other currencies.
- Europe's already severe energy crisis and why the economic impacts will only worsen.
TNT:
Tishwash: Late-night meeting of the four presidencies to discuss three "serious" issues in Iraq
The four presidencies will hold an important meeting this evening, Monday, focusing on the issue of limiting weapons and options for confronting factions that refuse to disarm after the September 30 deadline.
According to an informed source who spoke to Shafaq News Agency, the meeting to be held between Prime Minister Ali al-Zubaidi, Speaker of Parliament Hebat al-Halbousi, President Nizar Amidi, and Head of the Supreme Judicial Council Faiq Zaidan will focus on two issues: first, restricting weapons, and second, continuing the fight against corruption and ensuring there are no red lines in pursuing any person accused of corruption, regardless of their governmental or political position.
Ariel: PM Al-Zaidi is Not Planning to Go Through Parliament
8-17-2026
PM Ali al-Zaidi Is Not Planning To Go Through Parliament:
He Doesn’t Have To And Here Is Why
Article 80 of the Iraqi Constitution grants the Council of Ministers authority to issue administrative regulations and execute policy decisions in coordination with the Central Bank of Iraq without a parliamentary vote specifically in matters of monetary sovereignty and financial system management.
Telecom Minister Claims Dinar Redenomination Finalized, Drawing Criticism
Iraq Jawad Al-Samarraie August 16, 2026 Baghdad (IraqiNews.com) — Minister of Communications Mustafa Sanad stated in a televised broadcast that the government decision to redenominate the Iraqi Dinar and delete three zeros from the national currency is officially finalized. Sanad asserted that replacing the current banknotes will force hoarded cash back into formal banking channels while eliminating an estimated 8 trillion IQD ($6.1 billion) in unexchanged currency tied to illicit gains, corruption, and lost funds.
Good Morning Dinar Recaps,
The Bond Market Is Repricing the Global Financial System
August 17, 2026
The most important financial signal may not be coming from a central bank. It may be coming from the bond market. After the U.S. 30-year Treasury auction produced a 5.216% yield, long-term borrowing costs have moved into territory that would have seemed extraordinary during the low-rate era. Now, rising yields are appearing across other major sovereign bond markets as investors reassess inflation, government debt and the future path of interest rates.
KTFA
Sunday Night Video
FRANK26….8-16-26….THEY ARRIVED
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
“An Earthquake Is Coming”: The Debt Warning Investors Cannot Ignore | Francis Hunt
Miles Franklin Media: 8-15-2026
Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, interviews Francis Hunt, market analyst and Founder of The Market Sniper, to examine growing stress in the U.S. Treasury market and the implications for gold, silver and global wealth preservation.
Hunt argues that the simultaneous decline in Treasury prices and the U.S. dollar represents a significant warning about confidence in the Western debt-based financial system.
Fifty-Five Years of Fiat Failure
Peter Schiff: 8-15-2026
Peter Schiff marks 55 years since Nixon closed the gold window and warns the coming inflation will dwarf the stagflation of the 1970s.
Peter Schiff marks the 55th anniversary of August 15, 1971, the day Nixon closed the gold window and defaulted on the Federal Reserve's promise to redeem dollars in gold.
He explains how deficit spending in the 1960s on the Great Society, Vietnam, and Apollo forced the choice between painful fiscal discipline and default, and how Nixon chose default disguised as reform.
Anti-Graft Raid Nets $6.7M, Gold From Iraqi Electricity Official
2026-08-16 Shafaq News- Baghdad Iraq seized more than $6.7 million in cash, along with gold bars and jewelry, from several homes belonging to Khalid Ghazi Atiyah, deputy minister of Electricity for Transmission and Distribution Affairs, who recently faced allegations of financial and administrative corruption.
Good Afternoon Dinar Recaps,
Central Banks Face a New Dilemma: Inflation, Oil and Debt Collide
August 16, 2026
The global economy is entering a difficult policy intersection: inflation is proving harder to contain, geopolitical tensions are threatening energy prices, economic growth is slowing, and governments are carrying increasingly expensive debt. For central banks, the traditional choice between fighting inflation and supporting growth is becoming considerably more complicated.
BREAKING: Iraq Says Decision Made to Change the Dinar
The Dinar Den: 8-16-2026
For years, investors and global financial observers have closely monitored the Iraqi Dinar, searching for definitive signs of economic restructuring. Recently, a significant update has emerged from The Dinar Den, a prominent YouTube channel hosted by Stephen, providing what many consider the most substantial evidence to date regarding Iraq’s monetary future.
Unlike previous reports that relied heavily on speculation or the opinions of independent economists, this latest update points to official government confirmation concerning the “deletion of zeros” from the national currency.
Ariel: We are on the Mark Ladies and Gentlemen
8-16-2026
We Are On The Mark Ladies & Gentlemen:
1st. Step” Removing 3 Zeros
Doesn’t make you any money.
Doesn’t give purchasing power to citizens.
Doesn’t benefit anyone outside of Iraq.
KTFA
Saturday Night Video
FRANK26…8-15-26….GREEN LIGHT
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
TNT:
Tishwash: Iraq Communication Minsters Mentions Plan To Remove Zeros in an Interview
Don't read anything else into this other than the words there
He was interviewed and mentioned there is a plan to do it
It is not an announcement and no date was given
It is still pretty cool!
Good Morning Dinar Recaps,
The Yen Is Becoming a Global Financial Policy Lever: Currency, Debt and AI Converge
The U.S.-Japan currency intervention is bigger than a fight over the yen. It highlights how exchange rates, Treasury markets, monetary policy and strategic investment are increasingly becoming interconnected pieces of the global financial system.
Iraqi Minister Of Communications, Mustafa Sanad, Confirms The Issuance Of A Decision To Change The Currency And Remove Zeros From It.
Arabic Iraq @AlArabiya_Iraq Translated from Arabic
Iraq's Minister of Communications, Mustafa Sand, confirms the issuance of a decision to change the currency and remove zeros from it.
KTFA
Saturday Night Video
FRANK26….8-15-26….WHAT HAPPENED ON AUGUST 15th?!!!!!
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
MilitiaMan & Crew: Urgent Update: What You Need To Know This Week!
8-15-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.
Follow MM on X == https://x.com/Slashn
Will Banks Accept Your Dinar After The Revaluation ?
The Dinar Den: 8-14-2026
The world of international currency investment is often filled with both excitement and uncertainty, and perhaps no topic illustrates this better than the Iraqi dinar. In a recent detailed breakdown from The Dinar Den, host Stephen—a seasoned investor who has navigated this landscape since 2011—shares a grounded perspective on what it truly means to hold this currency.
By shifting the focus away from internet rumors and toward practical banking realities, Stephen provides a roadmap for those who are holding dinar in anticipation of a potential revaluation.
Rob Cunningham: Liquidity will Flood the Ledgers
8-15-2026
WATER ONCE FLOODED THE LAND.
LIQUIDITY WILL FLOOD THE LEDGERS.
One transformed the physical landscape.
The other will transform the economic landscape.
Coffee with MarkZ, joined by Bob Lock. 08/17/2026
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
MZ: Three Zeroes......3 0's, deleting zeroes, whatever you want to call it dominates today's news. We will also cover the invasion of Spain and Bob Lock joins us for trust questions.