Is this the same Fed that kept interest rates RIDICULOUSLY low for years during the Bush (Republican) administration? Low rates that finally crashed the housing crash in 2007-2008? Do you think they’ve learned their lesson?
I doubt it.
We’ve been in a depression for over ten years covered up with funny money, we traded bread lines for debt. The only way out now that the economy is picking up, is to cut taxes, open all the valves and remove all economic impediments.