The Fed Just Admitted AI Is Making You Poorer

"The new driver of inflation is artificial intelligence."

This episode shares three takeaways from a meeting his head of investing research attended with Fed Governor Barr: higher interest rates are likely coming in 2026, lower inflation may be further away than many expect, and artificial intelligence is now adding to inflation instead of reducing it. He explains why this is a shift from the Federal Reserve's earlier view that AI would push prices down.

Jaspreet Singh walks through how this contrasts with the White House, where President Trump is encouraging AI companies to police themselves under a moral accord while competing with China for AI leadership. He then covers how interest rates and money printing affect investors, and the framework he uses to build and accelerate wealth through any of it.

In this episode, you'll learn:

Why a Fed governor says AI investment and demand are now having a measurable impact on prices

Why the Fed's current path may not bring inflation back to its 2% target in the near term

What the Federal Reserve is expected to do at its October 28th meeting

Why President Trump wants AI companies to regulate themselves through a morally binding accord rather than government rules

Why the White House sees the AI race with China as critical to the US staying the world's economic superpower

How higher interest rates put downward pressure on asset prices while rewarding savers and Treasury holders

Why wealth is built by owning investments, using the "always be buying" approach as the foundation

How market crashes and market shifts are the two ways to accelerate wealth beyond that foundation