http://www.minyanville.com/business...n-money-printing/8/23/2010/id/29730?page=full Sooner or later, reality will have to be embraced, meaning Banks will have to drop dead assets off of their balance sheets and interest rates will have to increase, of course that will "tap the brakes" on the Economy however as the writer points out, QE and monetary creation has not worked and will not work until those problems that have been wallpapered over are dealt with effectively.
This is FDR part II. His and the Fed's policies definitely caused our great depression. Yup, I just checked. Definitely. http://www.jewishworldreview.com/cols/sowell100903.asp Written in 2003. How prescient.