They should have stopped a decade ago, that was the fatal error, and now we're in a spiral of stagflation and the crash will be much worse.
An everlasting asset bubble and money at 0% is not sustainable and never has been.
Yes, in 2009 there was lots of talk of “we’re just kicking the can down the road” when it came to TARP and other measures. But even then, kicking the can became regular policy. I think we’re at the end of the road and reality is going to fix the issue for us whether we like it or not.
Yeah, look at interest rates long term. Money got looser and looser with every downturn. After the last one, the rates went more or less to zero. Everyone had to know that next time we'd be hitting the wall.
Remember summer 2021 when they said, eh, we have some inflation now, but let’s carry on with QE, inflation is transitory anyway?
Would it be better to keep S&P high with inflation at highest levels in 40 years? And if so why?