We certainly have choices as to our monetary policy. But abolition of cycles is not among those choices, any more than abolishing death is among our health care policy choices, or abolishing war is among our defense policy choices.
Every rational and pragmatic conservative is capable of seeing this, or of instructing himself well enough to learn that it is true. There is nothing conservative about utopian ideologies demanding the destruction of the very economic freedoms that constitute capitalism and created the modern world.
Why didn't you demand Greenspan stop lowering rates because those low rates led directly to the destruction of your treasured credit-based "capitalism"? What did you do about this in 2002/3 when it really mattered?