This is definitely the optimal way for a healthy economy to allocate resources so as to maximally realize human potential in the long term. The invisible hand, efficient markets, all that. It makes perfect sense.
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At this point the difference between the S&P500 reaching 5k or 2k by this summer rests entirely on the statements of one guy named Jerome
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S&P500 is not the economy. Fed has been cognizant of their impact on the markets. Regulators ought to act for social good, regardless of the impact on markets. US is losing its regulatory leadership as EU and Australia take lead in regulating big tech.
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