I mean it feels engineered, kinda funny how we have a major recession roughly every 10 years.

My question is why can't the fed rate be continually adjusted? I mean it was super obvious what was going to happen. Shut down the economy because covid, then as soon as we have a vaccine, open it up and turn on the money printer. Not to mention giving corporations 600 billion for free. The moratorium on student debt probably helped inject quite a bit of cash too. But wait we just stimulated the economy and increased demand without resolving supply issues. Then the fed just sat on their hands and kept rates low... I mean is anyone surprised the result was inflation?

With all the technology available today, along with emerging technologies. Why can't the rate constantly change by fractionally small rates overnight? I feel like we have enough information available to model the economy and keep things moving along. Why are we dependent upon a bunch of geriatrics to determine rates?

Perhaps the people at the top are afraid of change? Perhaps current systems benefit them too much to change? Why is the banking system in the US run by 50 year old software? What about winning a popularity contest qualifies someone to make decisions on policies and governance?

What would keep trump from not following the contract? Trump isnt known for sticking with contracts, he could just tie the deal up in court in perpetuity.