Something Just Broke Inside The Federal Reserve

"It's a tax. It's just a hidden tax because the person that pays the price is the person that doesn't understand how it works."

This episode explains why the Federal Reserve's new chairman, Kevin Warsh, is now signaling higher interest rates instead of the cuts President Trump has been promising for the last 18 months. He breaks down the Fed's dual mandate, why inflation is currently outweighing job market concerns, and why this shift matters for the government's $40 trillion in national debt.

Jaspreet Singh draws a parallel to the 1970s, when money printing, an oil crisis, and interest rate cuts that came too early caused inflation to spike back up, and explains what that history suggests could happen in 2026. He closes by covering how different types of investments tend to perform depending on which direction the Fed moves.

In this episode, you'll learn:

Why new Fed chair Kevin Warsh is signaling higher interest rates instead of the cuts Trump promised

The Fed's dual mandate and why it can't fight inflation and a weak job market at the same time

Why tariffs and oil prices tied to the Middle East conflict are pushing inflation higher in 2026

Why the Fed targets 2% inflation and how inflation quietly benefits investors over savers

The 1970s parallel: leaving the gold standard, heavy money printing, an oil crisis, and rate cuts that came too early

Why almost a third of the national debt is set to refinance in 2026 and how that raises government interest costs

How debasement trade assets like gold, silver, and Bitcoin react to a stronger versus weaker dollar

Why dividend stocks and broad index funds like the S&P 500 tend to hold up during periods of higher rates