Which, IMO, means he has forced everyone to put all their eggs into one basket and now he can hold that basket hostage.
This is how men like George Soros wreck countries.
In a very real sense, the Fed has kept Obama afloat. IMO they will keep printing until a looming Reopublican victory (e.g., control of the senate, the presidency, or both) gives them the green light to “reset” so that Republicans will take the blame for the resulting economic mess. Yellen is a hardcore Dem.
They have ballooned the national debt. Once interest rates rise the interest on debt will choke out entitlement spending. That’s why they are desperate to keep interest rates close to zero as they can get.