I don't think there is any simple answer.
However, I feel that raising federal interest rates would help improve the financial positions of investors and savers (raise value of monetary assets), but would reduce spending which would temporarily slow the economy and initially lower our physical property assets.

It seems to me that poeple often confuse status for value, with low interest rates being the facilitator for building their status/value in society.
What I think what we, individually, should to do is slow our spending, reduce our debt, and increase saving and/or investments.