116: Central Bank Collusion with Nomi Prins

The central theme of Wealth Formula Podcast is that there are two investing worlds. One is for the poor, middle class, and the upper middle class. The other is for the ultra-wealthy. Now the funny thing is, that many of those in the middle and upper middle classes could be investing like the ultra-wealthy but one thing gets in the way—knowledge. The world of the ultra-wealthy is hidden behind a veil that you have to actively pursue to access. That is the purpose of this show…to illuminate the secrets of the ultra wealthy and make them accessible to anyone who cares to use them to their own advantage. When I started down this path, I had no idea how little I knew and that's probably still the case. In fact, the more I learn, the less I realize I know. In 2008, when the financial crisis happened, I was just finishing my surgical residency. I was broke so I didn't lose any money. But I had no idea what was going on in the world. Meanwhile, the global elites were colluding to save the entire economy from collapsing. I didn't even realize that I should be panicking. Did you? I guess sometimes ignorance, indeed, is bliss. Now, when I read about what led up to the crisis and the inner workings of those deals, it is like reading a gory post-mortem report. Why do I read this stuff anyway? Well, I am a firm believer that history repeats itself and that knowledge is power. I also like to feel in control as much as possible. There is a lot of activity in the world that is the underbelly of the global elite and if you don't try to keep up with it, you're not going to know what hit you when the next financial crisis comes along. No one knows this more than my guest on this week's Wealth Formula Podcast, Nomi Prins. A former Wall Street insider, Nomi Prins left the dark side and now she writes about it. On this week's show, Nomi tells us about the role of the federal reserve and banks that led up to 2008 and the new world order that has ensued since then. It's a world that you and I have little access to and it's something you should not miss! Shownotes: [00:07] Introduction [06:56] Buck introduces Nomi Prins [12:56] Formation of the FED [27:38] Collusion: How Central Bankers Rigged the World [36:54] Nomi's thought on our current economy [43:50] Where does cryptocurrency fit? [48:59] Outro