Peter Schiff: Debt Interest is about to Pass Social Security

The recent commentary from Peter Schiff offers a deep dive into the forces shaping America’s economic horizon, weaving together monetary policy, fiscal realities, and political developments into a single narrative thread. He begins by scrutinizing the Federal Reserve’s latest moves, arguing that the central bank remains overly permissive even as price pressures show signs of hardening. According to his assessment, the Fed’s reluctance to tighten rates meaningfully stems from a fear that any substantial increase would expose the fragility of an already indebted system, potentially setting off a chain reaction of higher borrowing costs across households, businesses, and government balance…