Welcome to Current Affairs. My name is Nathan Robinson. I am the editor in chief of Current Affairs

Magazine. I am here today with Nomi Prince. She is a financial expert and investigative journalist,

the author of books like Collusion, How Central Bankers Rigged the world, all the president's bankers,

the hidden alliances that drive American power, and most recently, permanent distortion,

how the financial markets abandoned the real economy forever available from

Public Affairs.

Nomi Prince, thank you for joining us on Card Affairs.

Thank you so much for having me on.

I really appreciate it.

Well, I'm excited.

All right.

So the distinction that you draw between the markets and the economy is really central

to the book.

The book is about the departure of the markets from the economy.

So maybe you could help us understand what the distinction between those two things is. Sure, absolutely. I think that when people

live in the real world, as we all do, we think of what's our personal economies first and

foremost. We care about the bills we pay. We care about what things cost. We care about,

you know, what our futures are

going to look like, our presence kind of stack up, and just the general nature of what's going

on around us. And to an large extent, that is our economy. And so you extrapolate that from

individuals out through the main economy, the real economy, the broad economy. You sort of add all

of that up along the way. Then we have the

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