In macroeconomics, "bad things will happen" is so certainly true and so vague that it's meaningless. Central banks don't/can't prevent economic problems, and w

In macroeconomics, "bad things will happen" is so certainly true and so vague that it's meaningless. Central banks don't/can't prevent economic problems, and we all know that. Their purpose is to "flatten the curve" so that we have a more predictable economy that doesn't scare people away from investing. The big question right now is whether central banks can soften the blow from so many shocks happening at the same time.