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Home»Analysis»The Fed’s Unprecedented Crisis: They Need to Keep Lying: Nomi Prins
Analysis

The Fed’s Unprecedented Crisis: They Need to Keep Lying: Nomi Prins

By ITM TRADING, INC.October 31, 202645 Comments2 Mins Read
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“I’m a firm believer in the Fed’s inability to do anything about inflation. It doesn’t mean they’re not raising rates, but the reality is that costs of everything are still rising,” says Nomi Prins, American economist, author, journalist, and public speaker. She tells Daniela Cambone that the Fed has lost its power to combat inflation. As the reality hits with expensive groceries and other necessities, the Fed’s claim is just “an illusion.” Nomi also expresses her concerns over the increasing U.S. debt. “Today, with almost $35 trillion of debt, we are looking at up to $2 trillion per year just in interest payments. Before we even turn the lights on for the U.S. economy, we’re doing an interest rate payment tab,” she states. Watch the interview to learn more about Prins’ views on the U.S. economy and her career leap from Wall Street to being a journalist.

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    45 Comments

    1. @Michael-redAM on October 31, 2026 9:30 pm

      At 10:40 she says that gold is massively moving away from central bank. This is not true. Central banks are buying gold hand of fist!

      Reply
    2. @randyramey3430 on October 31, 2026 9:30 pm

      It's amazing. Everything she said is common sense. No body in WASHINGTON on Capital Hill cares.

      Reply
    3. @Kristofur77 on October 31, 2026 9:30 pm

      how much of our own debt do we own?

      Reply
    4. @chrisjoyce6321 on October 31, 2026 9:30 pm

      The system is entirely fraudulent. After nothing really happened post 2008 the seeds of destruction were simply resown.

      Reply
    5. @fractalnomics on October 31, 2026 9:30 pm

      1:45

      Reply
    6. @mrme3717 on October 31, 2026 9:30 pm

      The monetary system has evolved since 1690, not  by natural forces; but rather by the designs of bankers,  who profit by their manipulations.

      Therefore,  what you are experiencing today is not what it was in 1940, or in 1900 or in 1860 etc.

      It is important to keep this in mind, that the currency system is still in a state of flux, and ever further manipulated to advantage the banker and politician, and disadvantage further (steal from ) the ignorant common people (99.9%, ) but we the people dont understand this, or the extent to which  monetary practices have evolved to steal from us, because in our minds we work for money,  our parents worked for money and so did our grandparents,  so isn't it all pretty much the same with a little bit of inflation  ?

      Hell no ! There have been massive machinations and manipulations designed to harvest your work and energy to the advantage and privilege of a few.

      And because monetary principles are abstracts that cannot be seen with our eyes, they require mental effort to get our heads around. They are in fact, a completely separate topic to practical daily living, yet they effect our daily life totally.

      The first principle to understand is that you have been robbed of real money by successive bankers, because the whole idea of  'Money ' is to hold something of real value as your own property,  and to receive something of real value for your labour and productivity.

      But you get nothing,  you get zero of value.  You get paper, or plastic or electrons for your work and efforts, and these, having no fixed intrinsic value  weight or measure,  can therefore be manipulated and devalued before you even believe you have it, and faster than you can accumulate it.  Devaluation through inflation is the insidious tax your vote or will has NO power to address; the banker alone retains that privilege, and uses it to rob you every second of every year, night and day.

      You have been hood winked by slight of hand and mind into accepting a constantly devaluing IOU for nothing,  all at the point of a gun, because 'legal currency ' means,  you shall accept this degrading note alone for your labour,  or the armed sheriffs will pay you a visit, and commit further theft and violence upon you, as the state retains to itself the Exclusive franchise to exercise violence.  When the State does violence,  that's OK.

      Your forefathers were paid in real money, Gold and Silver, but the bankers were limited in what they could loan out by metalic money,  so they sought to do away with it, and they invented the promissory note, the 'bank note' which promised to be redeemable for a Silver or Gold coin.
      They did this to remove the natural restriction on what they could loan out, because new debt at interest is their primary tool of harvest. Then,  gradually,  they removed the metal altogether,  telling you it was for your own good, because now you could have a booming economy and more commerce, and no limitation on how many hours both you and your partner could work .

      (The 'full employment' mandate simply means you all shall work all of the time until you die, but in the 1700s 6 months work would keep you alive all year if you owned your land. )

      Once they had the Exclusive note printing power,  they went to town, printing any amount their bought servants in government wanted, creating the national debt, whereby an unborn child is born in servitude and serfdom to an now $100,000 to $ 150,000 debt to who ?

      That would be the share holders of the Federal Reserve if you live in the United States, or the Central Bank in your country,  and also the large private banks, for once government abrogated the currency creation power to both the Central and large private banks, they must then go cap in hand to the banks to build new public infrastructure.  So now every county,  state and nation has indebted their ' citizens' in totally unpayable debts to the currency creators.
      Meanwhile after Bretton Woods the Federal Reserve sent its agents around the world to ensure that all Central banks were created in its own image,  doing exactly what it does, so no one shows them up, even though quite a few Central banks are not privately owned like the Federal Reserve is, yet they still create ALL new Currency as Debt which indebts you,  your children and grandchildren  forever.

      That is a small taste on the first faulty monetary principle and that's before we talk about the unpayable interest on the new worthless currency that they create for zero cost.
      There are 4 faulty monetary principles in practice that ensure 99.9% will live in servitude to the .1%
      Unless you educate yourself and then teach your children and grandchildren,  you will remain enslaved, 70% of your work goes to the bankers and bureaucrats.

      Reply
    7. @FLBeachMom on October 31, 2026 9:30 pm

      Clay Clark Thrivetimeshow friends with Andrew Schorcini BH-PM, is how I found this platform.
      Daniela Cambone when I received the notification of others as well involved with the financial system experts.

      Reply
    8. @ZoomedOut2020 on October 31, 2026 9:30 pm

      Even the good Doctor thinks that inflation is higher prices…when it’s the devaluation of the currency that causes higher prices.
      Ladies and gentlemen, your cash ain’t nothing but trash and your penny is a zinc slug that costs your mint over three cents to produce and distribute…
      The Jefferson Nickle costs them 11.2 cents per nickle….hence production has been ceased.
      Time for everyone to speak truthfully folks.

      Reply
    9. @Beau-Taggar on October 31, 2026 9:30 pm

      Well, what makes me an outlier I guess! I am 57 year-old English immigrant, with zero interest in tech or stocks, and yet I am 110% committed to Bitcoin. I would describe myself as an extreme conservative/libertarian. I have been involved in UK politics for some time, and the main thing that drove me to study Bitcoin and ultimately recognise its value to Humanity was the threat posed by an over-weening government, first in the UK and lately in the US also. I regard the CBDC as the final brick in the wall of the totalitarian prison the world's governments are building for us. And Bitcoin is the ultimate defence against a tyrannical government.r…..I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin….I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

      Reply
    10. @sherrielatchford1314 on October 31, 2026 9:30 pm

      Nomi Prins is an architect of CBDC and a key speaker at the World Economic Forum. l listened to her, and I was appalled at how dedicated she is to government backed control of CBDC. I do not trust her. Listen to her with great caution.

      Reply
    11. @fringedweller221 on October 31, 2026 9:30 pm

      I think that the inflation since 2020 is not 50% but more like 20% which is still pretty bad for such a short span.

      Reply
    12. @smk4428 on October 31, 2026 9:30 pm

      This was so awesome. Thanks very much

      Reply
    13. @The_Quiet_Room_Study_Music on October 31, 2026 9:30 pm

      All of the talk about the current high prices have not come down yet is foolishness. For prices to come down, we would need a sustained period if DEFLATION. The government is TERRIFIED of deflation for 2 reasons. First, small deflation can very easily turn into a total debt bubble collapse, and also, deflation is very hard to stop once it starts.

      Reply
    14. @Eric-j4i on October 31, 2026 9:30 pm

      I don't have a portion of the national debt. My books ballance.

      Reply
    15. @mrm5823 on October 31, 2026 9:30 pm

      yawn….

      Reply
    16. @stephenlaurence8650 on October 31, 2026 9:30 pm

      Nothing adds up and they keep on lying. It is criminal!!!

      Reply
    17. @tinfoilhatplumber485 on October 31, 2026 9:30 pm

      Fugosie… it's all a game

      Reply
    18. @lr5397 on October 31, 2026 9:30 pm

      Naomi is so articulate and comprehensible❤

      Reply
    19. @Watchman-zt2cf on October 31, 2026 9:30 pm

      Typical establishment talking points. Central Banks get more powerful when they inflate. “ The Fed can’t do anything about inflation” Next level gaslighting!

      Reply
    20. @Aquame68 on October 31, 2026 9:30 pm

      Ok Daniella good video🎉🎉🎉

      Reply
    21. @theinfohoarder on October 31, 2026 9:30 pm

      love to Nomi Prins

      Reply
    22. @rudeawakening3833 on October 31, 2026 9:30 pm

      FACTS : 1.) Silver in its fifth year global deficit . 2.) only a few “ pure play “ physical silver mines globally ; 70% of silver is mined as a byproduct of base metal mines . 3.) Shanghai exchange offering $4.00 MORE per ounce for silver as compared to COMEX price .4.) with an all time high of $50.00 , back in 2012 , this $29.00 price is a temporary “ gift “ .

      Reply
    23. @danielgant2214 on October 31, 2026 9:30 pm

      Our government will not stop printing money and going further in debt, until it all collapses. That will bring unprecedented pain.

      Reply
    24. @CarlLeith on October 31, 2026 9:30 pm

      They have been manipulating the numbers for years

      Reply
    25. @gerartsmith on October 31, 2026 9:30 pm

      👍👍👌🙏🙂

      Reply
    26. @kevinarrevillaga926 on October 31, 2026 9:30 pm

      Both parties do not care

      Reply
    27. @kevinarrevillaga926 on October 31, 2026 9:30 pm

      Fed are liers

      Reply
    28. @patrickhache7020 on October 31, 2026 9:30 pm

      I kind of think Nomi doesn't know sh!t. 35 Trillion in debt, Over 1.3 Trillion to service it. No one anymore wants to buy it. only the Fed now is buying it to keep the scheme going! It's a house of cards built on a real shaky foundation.

      Reply
    29. @jeffm8995 on October 31, 2026 9:30 pm

      I always enjoy listening to what's on Nomi's mind. I very brilliant thinker.

      Reply
    30. @georgemcelroy1472 on October 31, 2026 9:30 pm

      One More Step Down The Gang Plank.

      Reply
    31. @micksingh6711 on October 31, 2026 9:30 pm

      The FED is buying up all and everything in America.

      Reply
    32. @d.martin7692 on October 31, 2026 9:30 pm

      At the top of corporate America working for Goldman Sachs it "took a lot of guts to leave?" Maybe it just took being overpaid until the bank account was bulging and the resume was complete? It's an act of courage to step away from being ridiculously overfed at the trough? Her financial security was not in doubt. It's likely she sensed some potential legal liability and went on to support reinstating the Glass-Steagall Act while working for Bernie Sanders.

      Reply
    33. @johndewever1322 on October 31, 2026 9:30 pm

      Go Trump November 2024 – but don’t expect the debt to reduce under Trump (or Harris) the debt only going one way, as is / will inflation

      Reply
    34. @southhillfarm2795 on October 31, 2026 9:30 pm

      What is this reference to families vacationing at Disneyland? Is that the same American fantasy language like working 9-5( which I have never witnessed even working in an office) or when Americans brag about working 80-90 hours a week? What does is mean? Do that many people go to Disneyland?

      Reply
    35. @TheMegaberg on October 31, 2026 9:30 pm

      Once you start lying it’s hard to stop

      Debt only brings purchase power today which robs future purchase power

      Reply
    36. @augustbruce on October 31, 2026 9:30 pm

      So, working for 3 mega Wall St. banks whose over leveraged criminality contributed to the 2008 crash is something to brag about?

      Reply
    37. @RD-8 on October 31, 2026 9:30 pm

      You looking great in Red Daniela ✨️🌟 💫

      Reply
    38. @johnturner2082 on October 31, 2026 9:30 pm

      The USA debt is fictitious. Most of it is owed to Central bankers who print the currency out of thin air and lend it to governments. Total scam.

      Reply
    39. @michaelcowen6137 on October 31, 2026 9:30 pm

      Thank you Daniela for having Nomi for your guest. She's terrific! Keep up the good work!

      Reply
    40. @brianb6957 on October 31, 2026 9:30 pm

      Why are people STILL participating in this obviously fraudulent system? Mind blowing.

      Reply
    41. @chrisbell7253 on October 31, 2026 9:30 pm

      Thank you auntie Jackie I c u😊

      Reply
    42. @jasonwarner9595 on October 31, 2026 9:30 pm

      Good show

      Reply
    43. @chrisbell7253 on October 31, 2026 9:30 pm

      Self inc is wrong

      Reply
    44. @dankiburz4217 on October 31, 2026 9:30 pm

      She says countries will buy are debt? Does she see what's going on around the world? FYI: Saudi Araba is now joined the Chinese digital currency program for selling oil.

      Reply
    45. @fortstocktonjeff0124Barber on October 31, 2026 9:30 pm

      Daniela Terrific interview Thanks

      Reply
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