For the better part of two decades, cheap money made almost everyone richer without them even noticing, it lifted your home value, the stock market, and just about every risky bet along the way. This week, the Federal Reserve officially ended it. On September 16, 2026, the Fed raised interest rates for the first time since 2023, a unanimous move to a target of 3.75%-4.00%, and its own forecast shows most officials expecting even more hikes before the year is out. In this video I break down what the end of cheap money actually means for your mortgage, your savings, and your investments, without the fear-mongering. We cover why the Fed flipped from cutting to hiking (inflation that's stuck too high, in new Chair Kevin Warsh's words, "too high and has been for too long"), why this is the start of a new "higher for longer" regime rather than a one-off, and exactly who it hits: borrowers facing ~7% mortgages and pricier credit-card debt, savers who finally earn real interest again, and t...