You're welcome, Wyatt. I've few years on you at 45 but I've adopted the same outlook. The danger is that the falling tide precipitated by such malfesance will swamp all boats.
If property prices collapse as a result of the Fed induced deflation, we'll just be known as Japan II. I don't even want to imagine the devestation.
Understand that this is not
"ONLY" $2.6T, but it represents the mortgages of the majority of homes in this country. Fan and Fred going under would cause major economic upheaval. Not that that is avoidable at this time anyway, but there is more at stake here than many realize.
We live in interesting times, to put it midly.