I do think these people do have other exogenous factors.

Acetone is the wrong chemical for adhesives, a better (and usually) cheaper option is MEK, or Methyl-Ethyl-Ketone.  

I'm sorry that I wasn't clear in my post -- I was lumping together your proposal (investing the cash in CDs) with others' proposals, because all of them incur additional exogenous risks.

There need to be exogenous events to happen for the Fed to slow down, several scenarios:- if suddenly tomorrow the Ukraine conflict stopped and oil settled below production cost ($50), then inflation would be cut by half and Fed can reduce the rate- or the effect of fed fund rate is very high that the unemployment rising from 2% to 6%- leakeage somewhere , such a a collapse of institution or country in Europe, then as a result of that the contagion is so dramatic that another too big too fail bank in America has to be rescued (Like Chase/Lehman in 08)What's funny is, the Europe is facing more extreme pressure due to Russia+Fed decision, while for us we can say it started to affect the real estate sector, gas is more expensive blablabla but we don't feel that much in labour market so far.