On August 10, 2020 Economics Professor Richard Wolff invited Nomi Prins, the former Wall Street executive turned whistle blower, author and investigative journalist, on his weekly show: Economics Update. They discussed the consequences of the increasingly larger infusions of cash that the Federal Reserve injects when there is a crisis. First for the dot com of 2000 - then the subprime of 2008 and now the covid 19 crisis.
Professor Richard Wolff began with his ten minute news segment.
Nomi Prins has written for The New York Times, Fortune, Newsday, Mother Jones, The Guardian, The Nation and other publications. She was also a member of Senator Bernie Sanders panel of top economic experts to advise on Federal Reserve reform.
Richard Wolff is Professor Emeritus of Economics at the University of Massachusetts Amherst, and currently a Visiting Professor in the Graduate Program of the New School University in New York. He is a frequent guest of Chris Hedges, Thom Hartmann, George Galloway, Abby Martin and on Democracy Now and even Fox.
Thanks for the audio from Wolffâs syndicated weekly radio and TV show Economic Update of August 10, 2020.
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