The Fed’s interest rate hike is just a big con job. The Fed is trying to instill confidence in the financial markets by pretending the debt-induced bubble economy is strong enough to withstand higher interest rates. It can’t. It was already starting to pop with interest rates at zero. Once the financial markets come to that realization it will be like Wile E. Coyote discovering he just ran off the edge of a cliff. The Fed will cut Interest rates back down zero and probably into negative territory, while QE is restarted, but it won’t stop this bubble from bursting.