[Fury]

This insane move will cause an over-extension of credit - or mal-investment, as Austrian Economists call it - this is REALLY OUTRAGEOUS

And... suggestion on what they should have done?

[4Liberty]

There is too much debt out there. We can and should allow bad loans to be removed by calling them in. Looks like the Fed and Trump will keep printing money to cover banks with insolvent loans, and underfunded public pensions.

If we keep printing money, the inflation tax will be imposed on future generations. It also hurts bond holders who only get a fixed return- as price inflation will continue.

Printing money is a "wealth transfer" process. It makes financial intermediaries wealthy and lowers the cost for present borrowers, but impoverishes those who have saved, and those who will face price inflaton, later.