It doesn't get any clearer than this. Lagarde: https://www.ft.com/content/eb8dae8c-fb14-11e9-a354-36acbbb0d9b6
“We should be happier to have a job than to have our savings protected,” said Ms Lagarde. “I think that it is in this spirit that monetary policy has been decided by my predecessors and I think they made quite a beneficial choice.”
A lot of us like minded people that are adverse to these high spending Keynesian doves wouldn’t be so critical if more of the worlds governments acted like Germany and the Netherlands. Their debts are manageable and they rightly run surpluses when the economy is in a growth phase. Even if that growth is modest. So many governments spend hard in growth phases then go nuclear on it when things turn south. Kicking the can down the road only leaves less powder dry for when SHTF.
We are already doing emergency QE in the "best and strongest economy in history". That should tell you something! Keynsian economics always fails and this time isnt any different. The puppets will keep it going as long as they are told to.
To be fair Keynes would be turning in his grave if he knew his name would be used to describe the extreme madness being conducted today by central banks and governments.