There is moral hazard involved with Fed policy but I wouldn't call the sheer existence of fiat one of the concerning ones. If you want to be critical of Fed policy as smoothing out the economic woes of the past 5 years, enabling politicians to not deal with some very big structural issues in this country, then that is a very legitimate concern and one I share.

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People don't do research on monetary policy and will have no idea that the money they are saving is being played with by people with too much power over other people's lives.

..... It's starting to sound like you may have alternative motives for starting this thread. If you're worried about the dollar losing value I'd encourage you to do research yourself into the actual value of the dollar rather than just looking at inflation in a vacuum. DXY is your best indicator.

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The QE policies are at the intersection of monetary and fiscal policy, and it was wrong on both counts.

Other than the moral hazard argument I would strongly argue against this. In fact they were on opposite ends of the spectrum, fiscally we've been cutting back a lot (Treasury issuance keeps dropping) and monetarily we've supported the markets.

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I haven't seen an economy centrally plan their way to long term success

Uhh... what? Every single long standing empire and economy over the course of history had some sort of central planning? What specifically are you referring to here?

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yet here we are with flawed analysis powering the Fed Reserve to take ridiculous assumptions and risk societies long term success.

There are absolutely risks to Fed policy but again what are your main concerns and why? Seems like you are just writing down that you're not happy about what's going on and stopping?

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It is just exasperating that people can't see the need for alternative currencies when the Fed Reserve just assumes things like "optimal" inflation rate.

Again, I'd encourage you to research the dollar index (DXY) over time. Also I'd encourage you to do research into Fed speak. They're aiming for 2% before raising rates, and yet YoY PCE is still sitting at 1.2%. We've started seeing some inflationary pressures, specifically in services industry and food costs, however this is actually a welcome sign as we've been fairly stagnant for a while. We are a long ways away from inflation that can be considered "concerning".