The Fed has been used as a stop gap to fix incompetent/malicious policies driven by political actors. The reality is that central banks can only do so much, and

The Fed has been used as a stop gap to fix incompetent/malicious policies driven by political actors. The reality is that central banks can only do so much, and Congress and others are leading the nation off a cliff to pursue short term political goals. Beating the other team in the short term is seen as more important than the long term health of the nation. You can see this play out in the tax cut, deficit spending and many other examples. > Who cares if the world explodes in 6 years? I need to be reelected in 2.