Whalen Global Advisors' Chairman on Fed, Inflation

The transcript discusses the ongoing debate about inflation and its impact on interest rate hikes. It highlights the Federal Reserve's old policy approach and the fixation on a 2% inflation target. The conversation also touches on the unexpected effects of quantitative easing, leading to asset inflation in markets like real estate and equities. The role of central banks in driving housing prices and the resulting consumer challenges are also examined.

In what ways does the speaker believe inflation is affecting asset classes?

What are the challenges consumers face due to price increases in housing?