Event Report  International Exchange

Ms. Nomi Prins Seminar "Critical Risk: The Lurking Dangers of Global Central Bank Policies, Private Bank Portfolios and the Markets"

November 14, 2016, 10:00 - 12:00
Venue: CIGS Meeting Room3

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(Ms. Prins, Mr. Kotegawa from the left)

Seminar outline
Title:"Critical Risk: The Lurking Dangers of Global Central Bank Policies, Private Bank Portfolios and the Markets"
Speaker: Nomi Prins
Moderator: Daisuke Kotegawa, Research Director, CIGS


Program
ProgramPDF:76KB


Presentation
Presentation by Ms. PrinsPDF:1040KB

Summary of speech and Q&A

Summary of speech and Q&APDF:329KB


Abstract of the Speech
Nomi's global scope of research for her new book, Artisans of Money, has taken her around the world and back in time before the start of the financial crisis, analyzing the interconnectivity of major and minor central bank policies, the extent to which they have shaped economic decisions, and the repercussions of those decisions at both an international and national level. In addition to examining the intricate timeline of associated events, she has been tracing the juxtaposition of political, banking and relationship motivations behind these decisions, as emanating from the United States, and other world regions. She is also analyzing the inherent risk in the world.
(1) How did we get here? Where are we headed? Lessons from the ongoing financial crisis.
(2) What is the Artisanal Money Era with respect to central bank policy and market effects?
(3) The Ten Major Risk Factors:
 a. Unsafe banks and ongoing bank crimes and settlements
 b. Asset bubbles
 c. Debt
 d. Volatility
 e. Economic and Corporate Leverage
 f. Geo-politics
 g. Currency wars
 h. Interest rates
 i. Derivatives.
(4) Solutions for reversing this rising risky tide.
(5) Impact of the US election Results - How will the New White House address these issues/ how will the Federal Reserve act?


Speaker's profile
Nomi Prins
She is a leading American expert on the intersection of politics, finance and economics. She is listed as one of America's Top Wonks and is a frequent TV commentator on channels such as the BBC, CNN, CNBC, Bloomberg and others. She has written for Forbes, Fortune, the Guardian, the New York Times, the Nation and other international publications. She has addressed the Federal Reserve, IMF, World Bank and other central banks, governments, private companies and universities on concerns regarding the banking system and the global economy. She has written six books, the most recent being All the Presidents' Bankers: The Hidden Alliances that Drive American Power. She is currently working on a new book, Artisans of Money: The Rise of Central Bank Power, Financial Warfare and Shifting Super Powers. She was a former member of Presidential contender, Bernie Sanders' Federal Reserve Advisory Committee. She was a managing director at Goldman Sachs in New York, a Senior Managing Director at Bear Stearns in London, and a Senior Strategist at Lehman Brothers and the Chase Manhattan Bank.