There is almost always a bigger picture if we will back up and look for it.
The bigger picture here is to realize that it was Federal Reserve policy that CREATED the bubbles in the first place – how the Fed reacts to the bubbles when they crash is not the most important thing to focus on.
Read “The Creature from Jekyll Island: A Second Look at the Federal Reserve”, by Edward Griffin. This book lays out how the Federal Reserve was created and why. The book then details how the banking cartel/Federal Reserve instigates wars because they are profitable.
