I don’t think that the solution is that the Fed will do whatever it takes.
I think that the problem is that the Fed will do whatever it takes.

They are not looking to protect the individual. They are looking to protect the system from collapse, and ensure that the lending community gets repaid.

They will do whatever it takes to try and make sure that lenders get paid, because they don’t want the system to have to foreclose on an overpriced house that isn’t worth what the borrower owes on it.

They will do whatever they have to to keep people in debt on an overpriced house, and support the false illusion of value.

They need to do whatever it takes to protect the 3% at the bottom to keep the other 97% fooled.