This well written article highlighted the Fed’s pivotal role and historical success in managing debt crises through monetary tools. However, as a devil’s advocate, how would you assess the Fed’s effectiveness and the sustainability of relying on monetary policy today, given the massive $36.2 trillion debt, diminishing QE returns, declining global trust in the dollar, political pressures on Fed independence, and debt ceiling gridlock—compounded by rising wealth inequality, aging populations, and growing global interdependence......?
Love to see the market soars day by day, yet I couldn't answer my own questions....guess that's the time we should fall to the mighty power and the famous saying of "谋事在人 成事在天”？lol……
