I am reminded of Chernobyl by the “financial tinkering” going on at the Fed.
They tried to restart the reactor pile after cooling it too rapidly, and they pulled all the safeties to bring it back up to operating temp ASAP.

The result was overheating and explosion.

I have to wonder, since the risk managers didn’t adequately hedge against the downturn, why should we be confident that they can stop inflationary economics once they have restarted the economic growth?

I am 44. I remember what it was like during the last “inflationary crisis”. I remember what it was like trying to find a job during that time too. No picnic.