Is it a good idea for monetary policy to be countercyclical?

Since the 1980s, monetary policy in OECD countries has adopted inflation targeting as its objective, which normally makes it countercyclical. But this type of monetary policy gives rise to many distortions: When monetary policy is expansionary, it leads to a squeezing of risk premia, asset price bubbles, overindebtedness and distortions between asset prices; When monetary policy is restrictive, it triggers crises by causing asset prices to fall and revealing situations of overindebtedness. Would it not be better if monetary policy no longer tried to be countercyclical and had a stable long-term structural objective, such as liquidity growth, stable debt ratios or a stable inflation tax, but with a very long horizon?