[jkhdigital]

> they're just inventing new ways to kick the can down the road

Yes, even mainstream voices are starting to say things like this. Hard to imagine that this doesn't end very, very badly.

The fundamental contradiction is that the Fed wants to goose economic activity with money printing, but simultaneously imposes capital adequacy requirements on banks to prevent systemic risks. You can't have your cake and eat it too; or, in the parlance of classical economics, there's no free lunch.