Felix Nikolas Prehn's Podcast
Felix Nikolas Prehn is an economist and former investment banker. Felix — alongside his golden retriever Winston — interprets the economy and markets.
Episodes
611 episodes
Japan Bond Crisis And The Dollar: Why Gold Is Not Ready
Japan's 30-year government bond yield hit a record 4.18 per cent, a event Felix Nikolas Prehn argues is a dress rehearsal for what awaits the United States and other heavily indebted economies. The episode traces the so-called widow maker trade...
Monetary Reset: Gold Outflows, Digital Dollar And Fed Pressure
A monetary reset is already under way, according to Felix Nikolas Prehn, a former investment banker who traces four concurrent developments back to a single cause. European central banks are shipping gold home from New York vaults for the first...
US Debt Buyback Programme: What Doubling Money Printing Means
The US Treasury's decision to double its debt buyback programme and run it through to early November is the focus of this episode. Felix Nikolas Prehn, a former investment banker, traces how the government is creating new money to purchase its ...
Felix Nikolas Prehn: What Happens If The World Stops Needing Dollars For Oil
A missile strike in Saudi Arabia kicks off a chain reaction that can end in higher inflation and a weaker dollar, even if you never follow foreign policy. We connect the 1974 petrodollar deal, the Saudi riyal peg, central bank gold buying, and ...
Felix Nikolas Prehn: The Credit Reset
We break down why America’s jump in borrowing costs signals a credit reset that can ripple through mortgages, pensions, and stock valuations long before mainstream headlines change. We connect cracked corporate bond charts in AI-linked giants t...
Fed Losing Control: How AI Borrowing Reshapes Bonds And Gold
The Federal Reserve is losing its grip on long term interest rates, according to senior Goldman Sachs traders who describe the central bank as more passenger than driver. Felix Nikolas Prehn walks through the mechanism: technology companies bui...
Gold And The Financial Reset: Why Central Banks Are Buying
Gold pulled back roughly 20 per cent from its highs, yet central banks bought a record amount in a single quarter, spending some 40 billion dollars on the metal. Felix Nikolas Prehn connects this buying spree to a broader pattern: Bank of Ameri...
Sulphuric Acid Ban And Dollar Crisis: What Comes Next
Sulphuric acid may be an obscure commodity, but its sudden disappearance from global markets matters. Felix Nikolas Prehn explains how Russia's export ban, following China's earlier cut, removes the two largest suppliers of a chemical essential...
Rate Hikes And Oil Shocks: Why Central Banks Are Buying Gold
Gold and its role during supply side inflation form the core of this episode. Felix Nikolas Prehn, an economist and former investment banker, traces the parallels between the current environment and the 1970s oil shock, when gold rose from roug...
US Oil Reserve At 44 Year Low: What Three Signals Reveal
The US strategic petroleum reserve has fallen to its lowest level since 1982 after 26 consecutive weeks of withdrawals. Felix Nikolas Prehn, an economist and former investment banker, argues this drawdown is not about supply shortages but about...
Dollar Reset: How Inflation Is Being Quietly Recalibrated
The dollar reset now under way is not a dramatic redenomination but a slow widening gap between official inflation figures and actual living costs. Felix Nikolas Prehn traces the chain from mortgage rates approaching 8 per cent to the bond mark...
Money Supply Growth And Stock Markets: Where The Cash Flows
Money supply in America is growing at its fastest pace since 2022, reaching 23 trillion dollars, and Felix Nikolas Prehn argues this matters more for stock prices than the economic headlines suggest. The episode sets out why high oil prices now...
Financial Repression: How Inflation Is Used To Shrink Debt
Financial repression is the mechanism by which governments keep interest rates below the rate of inflation, quietly transferring wealth from savers to the state. In this episode Felix Nikolas Prehn traces the policy from a recent presidential a...
Felix Nikolas Prehn: Why Gold Drops When Debt Breaks
Global bond markets start to fracture at the same time gold takes a sharp hit, and we connect those headlines into one coherent debt story. We walk through why gold can drop at the start of a crisis, how financial repression quietly erodes purc...
Bond Market Crisis: Why Gold Falls When Debt Breaks
Bond yields are climbing simultaneously in Japan, Europe and the United States, and Felix Nikolas Prehn argues these are not separate headlines but a single debt crisis unfolding across the developed world. Japan's 30-year yield has reached an ...
Government Debt Crisis: Why Inflation Is The Only Way Out
Government debt levels in the United States and other major economies have reached a point where the only politically viable exit is sustained inflation funded by money printing, according to Felix Nikolas Prehn, economist and former investment...
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Felix Nikolas Prehn: How Governments Shrink Debt By Making Money Weaker
We lay out what it means when a US president says inflation can “pay off” the national debt and why that turns savers into the funding source. We break down financial repression, the deadline created by high rates, and how to choose the side of...
Felix Nikolas Prehn: Why High Oil Prices Can Boost American Stocks
Scary headlines sound like a sell signal, but I walk through the “second half” of each story and why it can point to opportunity instead of panic. I connect oil, housing, Fed policy, investor fear, and money supply to one simple question: which...
Felix Nikolas Prehn: Mortgage Rates Hit 7.45%
We connect the sudden jump in US mortgage rates to the bond market and lay out why the Fed can look tough while inflation pressures keep building underneath. We also explain how a change to the PCE inflation calculation and quiet Treasury liqui...
The Inflation Trap
We connect a 44-year low in the Strategic Petroleum Reserve to a larger setup that looks like manufactured calm today and a harsher inflation bill later. We also trace how debt buybacks, private-market megavaluations, and stock market concentra...
Rate Hikes Into An Oil Shock
We lay out why a Fed rate hike during an oil shock can squeeze the economy without fixing the real cause of inflation. We connect the dots between supply-side inflation, government debt refinancing, and why central banks are quietly buying gold...
The Fertilizer Shockwave
A sulfuric acid export ban sounds boring until we trace how it can choke fertilizer supply, reduce food output and collide with $100 plus oil to drive a sharp inflation shock. We connect that real-world squeeze to dollar weaponization, hedge fu...