Real Economy vs Fake Economy
August 17, 2022
43 min
Full
381 of 638

August 17, 2022
Real Economy vs Fake Economy
0:00 / 43:31
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The Rich Dad Channel Episodes Around August 17, 2022
Episode 381 of 638 — walk the feed in the order it was published.
43:31This episodeReal Economy vs Fake Economy
Summary
When the markets are doing well because of fake money it's very different than the economy doing well because companies are producing, wages are growing, consumers are buying, or any of the things that create real economic growth. Today's guest explains how all of the money printing that's been happening leaves the real economy behind.<br /> Nomi Prins, the author of Collusion: How Central Banks Rigged the World and her latest book, Permanent Distortion: How Financial Markets Abandoned the Real Economy Forever says, "The Fed is sitting on 9 trillion dollars of giveaway money that flows into the markets that create an appreciation of assets but again, leaves the real economy behind."<br /> Hosts Robert and Kim Kiyosaki and guest Nomi Prins discuss how the financial markets have abandoned the real economy forever and what that means to the average person.<br /> Get Nomi Prins' New Book! <a href="https://nomiprins.com/books/#permanent-distortion" rel="noopener">https://nomiprins.com/books/#permanent-distortion</a>
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