Monetary Malpractice

Drawn into the stream
Of undefined illusion
Those diamond dreams
They can't disguise the truth
--Level 42

Nice comment here. Despite clearing recession nearly nine years ago, monetary policy remains at recessionary levels.

When the US expansion hits 9 years in June 2018 the market is expecting a Fed Funds rate of 1.50-1.75%. That is below the Fed Funds Rate at the time of the Lehman bankruptcy (2.00%) when the US economy was in the midst of its worst recession since the Great Depression.

— Charlie Bilello (@charliebilello) January 5, 2018

What's wrong with this picture?