That's exactly what monetary policy is meant to do. What sucks is since 2008 we've had low interest rates and any attempt to raise rates has been met with equity markets shitting their pants, thus the most prudent decision was to do nothing about it... If we had higher rates perhaps private interests like BlackRock wouldn't own such a large swaths of the housing market, or Carvana and the like wouldn't have driven secondary car prices through the roof. Leading us to the seventh ring of inflation, which will be followed by consolidation when weaker competitors bow out due to increased operating costs, only to concentrate more of the world's wealth. In short, the people entrusted with protecting our financial system have allowed it to be plundered. Hopefully we have sense enough to let speculators wither into non-existence instead of bailing them out with kids' lunch money. Source: A decade on Wall St.