They've kept the accelerator mashed to the floorboard since 2004 or so. There isn't any control authority left. Fucking Greenspan started it. Its the reason you should raise rates when the housing market is overheating, so that you have dry powder when you need it.
Trump's ex-top economic adviser: US is in a recession https://www.cnn.com/shows/ac-360
Former Director of the National Economic Council Gary Cohn speaks with CNN's Anderson Cooper about how the global coronavirus outbreak has impacted the US economy.