“Central Banks have lowered interest rates 511 times since June 2007 in an attempt to jump-start economic growth.”
WTF? Why not just keep hitting themselves in the head with a hammer expecting different results?
Oh, wait - it’s US they’re bludgeoning, LOL!
Nobody likes the FED’s solution. The FED agrees with the government that a slow grind of debt deleveraging is better than a shorter, sharp depression and the social unrest and suffering that would take place.
It’s fine to cuss the pain caused by the FED, as long as we remember there are no painless ways out of this situation.
I gave up worrying over what the govt and/or the FED does long ago and learned to react to my advantage instead. This has worked out very well, but then I’ve had 30 years of practice at it.