I am a huge fan of Tooze and his books (Wages of Destruction is one of the best works of economic history, probably the best macro history imo, his more recent books are unfortunately terrible...but this is what happens when someone decides to become a celebrity academic) but this is from another reality.

Unfortunately, the decade of continuous monetary intervention has completely addled the mind of usually intelligent people. Their response to everything is always the same: begin stimmy, continue stimmy.