King Dollar, High Rates, and the Fed’s War on Growth

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Why does the U.S. pay higher interest rates than weaker economies—and why won’t they come down? This episode digs into David Malpass’s sharp critique of the Federal Reserve and its outdated, anti-growth models. From “prevent defense” monetary policy to backward-looking inflation targeting, the Fed keeps slamming the brakes just as momentum builds. The result: higher long-term rates, a weaker dollar, and massive costs for a nation rolling over trillions in debt. Defending King Dollar isn’t about politics—it’s about total return, lower borrowing costs, and restoring affordability.