It bothers me how sensitive asset prices are right now to rate cut decisions

It's more power than a single committee (or msig) should have over the economy, and in the long run it's also unsustainable

So I worry we're just kicking the can down the road without any clear plan on how to fix this

Part of why the Fed lowers the interest rates is to give finance corporations cheaper money printing power in order to finance corporate takeovers which leads to mass layoffs. They're going for max asset prices and minimum working class power. So yes us degens will try to get in on the price action and some will be successful, but in general most of us will be worse off after this bull market and the oligarchs will be at all time high.