Reading Halloween Night With Zombies By Jeremy Grantham

Always must read quarterly report by Jeremy Grantham, or alternatively here. This describes the "mood" of script well:

In almost every respect, adhering to a policy of low rates, employing quantitative easing, deliberately stimulating asset prices, ignoring the consequences of bubbles breaking, and displaying a complete refusal to learn from experience has left Fed policy as a large net negative to the production of a healthy, stable economy with strong employment.