#356 Chris Whalen: The Fed Can't Fix This
About this episode
Chris Whalen discusses the current economic selloff and its causes, emphasizing that the Fed's actions cannot address war-driven inflation.
In this episode of The Wrap, Chris Whalen says this selloff is worse than Liberation Day because it's real economic dislocation — not just a market surprise — driven by the Iran war's devastating knock-on effects on energy, chemicals and global supply chains. He says the Fed should do nothing, because this inflation is caused by war not monetary policy and central banks can't fix a sulfur shortage. But he warns QE is coming anyway — "the question is not if, but when" — because Congress refuses to deal with the deficit and the Fed will eventually be forced to monetize the debt. He's been cutting market exposure, raising cash, and buying physical metals on the dip. On private credit he sees a slow-motion trainwreck with a Lehman moment still possible, and says Washington is going to make it worse by ignoring it. Thank you to our partners at Goldco. Get your free 2026 Gold & Silver Kit at https://goldco.com/thewrap Links: The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/ The Wrap: https://www.theinstitutionalriskanalyst.com/post/theira826 Inflated book (2nd edition): https://www.barnesandnoble.com/w/inflated-r-christopher-whalen/1146303673…
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More episodes of The Julia La Roche Show
- #362 Chris Whalen: DOJ Drops Powell Probe — "Trump Could Be Attacking Warsh By Thanksgiving," Stagflation Is the Base Case, The Real Private Credit Risk, & Why Distressed Real Estate Is The Next Trade
- #361 Dr. Mark Thornton: We're on the Highway to Hyperinflation
- #360 Chris Whalen: Even If We Cut a Deal Today Inflation Is Not Behind Us
- #360 Michael Howell: We've Hit An Inflection Point — We're In The Speculation Phase And Turbulence Is Coming For Markets
- #359 Chris Whalen: No Vision of Victory in Iran, Housing Has Peaked (For Now) & Time To Buy Gold
- #358 Danielle DiMartino Booth: The Fed Knows the Data Is Broken, Private Credit Is Contagious, and Nobody Is Fighting for American Families
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