There are typical mistakes entrepreneurs make and all are foreseeable and avoidable. Firstly, majority of successful new inventions or products do not succeed in the market for which they were originally designed. So one has to keep options open and not be dogmatic about pushing a product in a market for which initially designed or targeted. Success may lie elsewhere.
The potential of this instrument prompted the central banks and the governments that controlled them to make ample use of it to manage the economic cycle but also as a means of more or less openly supporting the public finances. The height of this era was reached in the 1970s, a decade of high inflation.