I don’t agree with your premise so I can’t comment on the rest of your statement.
I just know what has worked for me for 50 years. Everyone I communicate with who lets the FED and other boogie men affect them are people who have gotten anywhere because they worry about things they can’t control.
The people who have gotten somewhere are those who worked at getting somewhere. The people who have gotten nowhere are the people who waste time and energy griping out things they will never control.
“But the reality is that the Fed purchase of US treasuries, dilution of value, is what keeps yields low.”
THAT premise?
“And now that we’re on the highway to hell, there is no exit.”
Or this one?