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Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever Hardcover October 11, 2022
DJF 3906
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A riveting exposé of a permanent financial dystopia, its causes, and real-world consequences
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Ce qui se démarque
Détails du produit
- Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever is a riveting exposé
- The book reveals the division of the world into two economies: the real one for the average worker and the one dominated by financial titans
- It explores how loose money and central bank actions have caused a departure from traditional money and economic rules
- Nomi Prins uncovers the consequences of policies crafted by major financial institutions and the Federal Reserve
- The book highlights the social and political reckonings resulting from this unprecedented distortion
- It presents a polarized world of the mega rich and the never rich, with no return to 'normal'
| Publisher | PublicAffairs |
| Publication date | October 11, 2022 |
| Language | English |
| Print length | 352 pages |
| ISBN-10 | 1541789067 |
| ISBN-13 | 978-1541789067 |
| Item Weight | 2.31 pounds (1.05 kg) |
| Dimensions | 6.4 x 1.6 x 9.6 inches (16.3 x 4.1 x 24.4 cm) |
À qui est-ce destiné ?
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Economics Students
This book provides valuable insights into financial market dynamics and their impact on the real economy, enhancing academic understanding.
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Investors Seeking Knowledge
Investors will benefit from understanding market inefficiencies and financial policies that affect their investment strategies and decision-making.
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Policy Makers
Policymakers can glean important perspectives on economic issues and potential reforms needed for sustainable market-economy alignment.
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Casual Readers
General readers looking for light literature may find the content dense and overly analytical, which could diminish engagement.
DESCRIPTION DU PRODUIT
Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever Hardcover October 11, 2022
Questions et réponses des clients
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question:
What is one major cause of the permanent financial dystopia?
répondre: The permanent financial dystopia is caused by years of loose money in a system dominated by financial titans, which began with Quantitative Easing during the financial crisis of 2008. -
question:
Who is affected by the permanent financial dystopia?
répondre: The world is polarized into the mega rich versus the never rich, resulting in winners and losers of the unprecedented distortion that can never return to 'normal'. -
question:
Why should I read this book?
répondre: This book is a must-read for anyone seeking to understand the permanent financial dystopia and its real-world consequences.
Economic Conditions Editorial Review
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DJF 3906
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Caractéristiques et avantages
- Our world is divided into two very different economies
- One is the real economy for the average worker, while the other is the product of years of loose money for financial titans
- Quantitative Easing, a short-term emergency response to the financial crisis of 2008, resulted in a long-term dependency and addiction
- Policies crafted by the largest financial institutions have supercharged the financial system, leading to social and political reckonings
- The world is now polarized into the mega rich versus the never rich, where winners and losers of an unprecedented distortion can never return to 'normal'
- This book is a must-read for anyone seeking to understand the permanent financial dystopia and its real-world consequences
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