Monetary policy is a very blunt instrument. It is like an opthalmic surgeon doing an operation with a blunt, rusty 10" chef's knife. It is not going to achieve what the US economy, and therefore world economy needs. It has also been totally subverted but sophisticated markets operating in a world that still has rules designed for another century. It is making some very rich, but the economy as a whole continues in a mix of stagnation and decline, supplemented by small pockets of outsized success. It isn't working for the average citizen and this is not going to make it better, I do not think the policy even takes that into account beyond rhetoric. And the financial media is largely clueless.