The Fed’s 28$ Trillion Blunder: Why We’ll Pay the Hefty Price

Powell won’t blink in July, warns Peter Grandich of Peter Grandich & Co., ahead of today’s FOMC circus. Speaking with Daniela Cambone, Grandich sounded the alarm on the slow-motion crisis in U.S. government debt. “By next July, gold will be part of deficit financing,” he predicted, hinting at a coming loss of confidence in Washington’s IOUs.

Short-term cuts might come this year, but don’t expect relief where it matters: long-term yields could rise, crushing mortgages, auto loans, and any illusion of stability. The Fed can tinker, but the bond market is calling the shots—and Main Street may soon feel it.

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