“Fed never truly implemented tight monetary policies”
Code for stop printing more money.
The only people who profit from cheap money are the ones getting the money at the beginning.
So let’s see here, the US runs budget and trade deficits, who benefits from inflating the money supply? If you said the US Treasury - bingo! We have a winner. So there’s the motivation. Meanwhile, out here in flyover country, we got cheap houses out of the deal - hey, there’s another winner! Bad news, the bill comes due at some point, huh? And sometime is now.