Peak Hubris

Central bankers are now routinely saving the loan markets through direct liquidity injections. They also seem to think that they saved us from the economic consequences of the Wuhan virus through this same mechanism, and going forward, they plan to change the weather through their monetary policies. There seems to be no end to what these people believe they can do. They have reached omnipotence. All and any problem met by mankind in the future will be solved through monetary intervention.

By U.S. Government - Extracted from PDF version of the Federal Reserve's Purposes & Functions document (direct PDF URL [1])., Public Domain, Link