Reality - The Fed has No More Bullets

When the next recession comes, what will the solution be? The lowering of interest rates is typically the go-to answer. However, when they are close to zero and all of the other tools have been used, it might be the waiving of the white flag that is the only solution. Don't have to worry about that! The Fed can bring innovative ways to the table fix the problem. The problem is that we are in unchartered waters. What is the probability that the Fed messes something up? This is one big chemistry set that they are playing with right now. One wrong step and ....BOOM!