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Podcast: Wealth Formula Podcast
Episode: 339: The Great Distortion: Dr. Nomi Prins
Description: The last 15 years have been a game of chicken between the Federal Reserve and the financial markets. Think about the old movies where the kids would speed in their cars towards each other until someone decided to quickly turn out of the way and avoid collision and certain death. Similarly, the financial markets and the Federal Reserve have been trying to figure out who would chicken out first for the past several years. Let me give you an example. Despite COVID shutting down the entire country, the asset markets (after quickly blinking) went sky high. Why? Because investors knew that...