Furthermore, stability and monetary policy seems to involve handouts to wealthy people. While I can certainly benefit from that, I don't see why handouts for wealthy people are a good idea. It looks like a bad idea. People seem to be getting angrier about it as time passes too.

These are two unrelated things. The relative instability of improvement doesn't have much to do with whether or not it's preferable to have a stable economic system.

Economic stability can be good. Rapid Improvement can be good. Rapid improvement can occur in economically stable times.

I seem to remember from studying economics and history that usually, economic instability occurs AFTER rapid improvement, not before or during. This is in part because rapid improvement outpaces regulation and the economy around it, leading to an unstable economic environment rife with opportunity for good and bad actors to make fortunes.

The central banks monetary policy is exactly what's destabilizing the economy

Are you serious? Honest question.

There are bad surgeons, you should still probably want surgery if you're sick.