The Dollar Is a Crypto Backed by a Legal Monopoly | Christopher Whalen
The Dollar Is a Crypto Backed by a Legal Monopoly | Christopher Whalen
Miles Franklin Media: 9-11-2025
Andy Schectman, Founder & CEO, Miles Franklin Precious Metals, interviews Christopher Whalen, Chairman of Whalen Global Advisors.
The two sit down for a no-holds-barred takedown of the U.S. banking system, the Fed-Treasury illusion, and why the dollar could be described as nothing more than a crypto backed by a legal monopoly.
In this interview, Whalen draws on decades of experience inside the Fed and on Wall Street to expose the hidden rot beneath the surface of America’s financial system.
In this episode:
The dollar is a crypto backed by a monopoly
Central banks are told to buy gold
Fed & Treasury: two sides of the same coin
Bank consolidation
Why the U.S. consumer is now a “triple-D credit”
What happens when trust in the dollar breaks?
00:00 Coming Up
01:03 Introduction: Christopher Whalen
05:41 Discussion on U.S. Banking Policy
08:40 Technology & Disruption in Banking
21:23 Cryptocurrency & the Dollar
24:27 Historical Context: Gold & Silver
34:43 Future of Banking & Final Thoughts