Sufficient is this cutout from a page: Zero interest rate policy
|Zero interest rate policy|
courtesy of Wikipedia
Any action by the Fed to unwind this thing is way overdue.
Remarks: Modified: 02/11/2015
02/11/2015 -- Source for the list that is on Wikipedia: Barry Ritholtz. See the discussion. One asks why the consumer is leveraged. Oh, really, now. It is because that is the only way to survive, the system allowed such, entrapment that is perpetual is attractive to who want to fleece (move monies from the pockets of the hapless to that of the elite), etc.