Really, baby Hitler jokes notwithstanding, I don’t have an answer. My assertion is that Fed policy artificially boosts asset prices, that the asset vales eventually return to normal, causing an economically disruptive asset bust.
So, “what would you do right now” is not a valid counterpoint… they’ve already gone ahead and artificially boosted the asset prices. They’ve painted themselves into the corner already. I don’t pretend to know how they should get out of the corner… but that doesn’t make it invalid to point out the pattern of self-corner-painting that appears to be going on.
IE what I’d do is not paint myself into the corner in the first place, but it’s too late for that, so I don’t know.
