BOOK REVIEW FX COLLUSION How Central Bankers Rigged The World

Nomi Prins’ fascinating new book titled

“Collusion: How Central

Bankers Rigged The World” was selected as one of the best business and management books in 2018.

In this searing exposé, , Nomi Prins shows how the 2007-2008 financial crisis turbo-boosted the influence of central bankers and triggered a massive shift in the


Nomi Prins is a journalist, speaker, and

respected radio TV commentator,

and former Wall Street executive. The author of six books, including All the Presidents' Bankers, Other People's Money, and It Takes a Pillage, her writing has been featured in the New York Times, Fortune, Mother Jones, Guardian, and Nation, among others. She was a member of Senator Bernie Sanders (D-VT) Federal Reserve Reform Advisory Council, and is on the advisory board of the whistle- blowing organization ExposeFacts.

Her previous work “All The President’s Bankers”, demonstrates a keen eye for important and engaging stories about money, power and corruption. Three of the last four books that Nomi Prins has written, including this new one "Collusion," all examine the juxtaposing of power and money. In all of them, she explores how elected leaders or those in positions of great unelected

economic or political

influence, use both of them to create or enforce policy.

world order. Her objective is to expose international relationships and the power grab of central bankers at

the Fed, European

Central Bank, Bank of Japan that have fabricated or ‘conjured’ money to fund banking activities at the people’s expense and to show how deeply co-dependent the entire world is on the US monetary policy decisions made since the financial crisis.

“Collusion” takes the reader inside the most discreet conversations at exclusive retreats like Jackson Hole and Davos,

and is packed with

tantalizing details about the elite players orchestrating the world economy, from Janet Yellen and Mario Draghi to Ben

Bernanke and Christine

Lagarde. A work of meticulous reporting and bracing analysis, this book changes the way we understand the new world of international finance.

Central banks and international institutions like the IMF have overstepped mandates

their by without

flow of epic sums of fabricated money

directing any

banking has

traditional the


or balances. Meanwhile, the open door between private and central


endless opportunities for market manipulation and asset bubbles- -with government support.

by By Nomi Prins

Through on-the-ground reporting, the author reveals how five

regions and their

central banks reshaped economics and geopolitics. She discloses how Mexico navigated with

its the US while

relationship striving

for independence and how Brazil led the BRICS countries to challenge the US dollar's hegemony. She explains how China's retaliation against the Fed's supremacy is aiding its ongoing ascent as a global superpower and how Japan is negotiating the power shift from the West to the East. And she illustrates how the European response

to crisis fueled the populism instability shocking Brexit vote. FX TRADER MAGAZINE October - December 2018 57

financial that

manifests itself in everything from rising

to the

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