Nomi Prins doesn't want to see rates raised as she said that if the fed raised the rates the economy as it is working would crash. Nomi Prins was on Greg Hunter's bad economic podcast and Nomi went on to say currencies will not be stables for months or in the foreseeable future.
Prins says the decision to save the financial markets hasn't help most individuals but only those who were already at the top of baks and corporate companies. The inflation of assets has done nothing to create these bubbles before they destruct and the pessimism you see from companies and their endless layoffs just continues this downward economic spiral and continue use of failed policies of keeping interest rates near zero. The hot author of "All The president's Bankers'' made another informative appearance on the Federal Reserve and their progression to financial destruction. Hunter asked her how it is to be so hated by Wall Street as Nomi Prins is one of the leading advocates in the world of announcing how zero interest rate policies enables the corporate class to have cheap and easy money to live large for themselves on increased debt that will never get paid back. Wall Street workers and traders are basically getting money for free. Nomi said be aware of where you put your money as nothing is as it appears and the inflated financial system can make your holdings shrink overnight due to a system of artificial financial creations
. The system is imploding and in a transition and the possibility of negative interest rates being charged to peoples accounts in this bank should come to no surprise Greg Hunter and Nomi Prins suggested with additional fees and surcharges in order to make up with what they can't squeeze out of the Fed. The Ponzi scammers on Wall Street are desperately trying to find more ways for them to manipulate markets and creat profits out of thin air and this could only be disastrous for people who really work in this country.
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