They also caused the entire economy
not collapsing into a burning pile of garbage in 2020. They are the reason you're not living in a bunker, trading bottle caps for ammunition and fighting for supplies with gangs riding questionably modded dune buggies through the desert.
The Fed has two mandates. Maintain low unemployment and low inflation. There is no way they could have achieved both in the last three years, but inflation is way preferable to economic collapse.
