The traders have discovered our devious plot

 Infrastructure week is over, the Fed is being flooded with cash on a flight to safety, the banking network destroyed, the post covid boost is gone. The supply chains are broken, for a long time it seems.

I have a better idea. I suggest Jay Powell, at the Fed, take his seigniorage checks in hand, run out of the Eccles building, jog around to the back door and deposit the checks into the accounts of rich hedge bonds.

Thus we get all the benefits of the Fed and do not have to put up with delusional econs. We no longer have to fake the expectation theory.  Self censorship and self delusions gone, our mental health much improved. No more idiotic Fed speeches.

What is not to like?  We can be poorer without all the work.