"Worst business cycle since the Great Depression." <object type="application/x-shockwave-flash" width="450" height="370" wmode="transparent" data="http://www.liveleak.com/player.swf?autostart=false&token=f49_1204403165"><param name="movie" value="http://www.liveleak.com/player.swf?autostart=false&token=f49_1204403165"><param name="wmode" value="transparent"><param name="quality" value="high"></object> I sound like an arrogant prick, but this is Macro 101. Excess credit creates inflation & weak dollar. Weaker dollar suppresses bond prices. High bond rates restrict long term growth. Even if the FED buys long bonds to keep 30 year rates artificially low, that alone will intensify already-hot inflation. I don't see a lot of play here for Bernacke. He's made a deal with the devil to keep rates low (avoid recession at all costs). His only tool for that is easy credit. We're going down a road where, at some point, the general public will wake up to the fact their dollars are rapidly inflating away and demand wage hikes to compensate. At that point, the jig is up. More credit will just cause irreparable damage to the economy (think dousing a fire with gas). This whole era of easy credit demands a clueless public. Thats the only way conjured dollars benefit the Government and its cronies (Gov spends the wealth of its citizens through currency debasement). The media is waking up and reporting inflation. Its only a matter of time before the lemmings act and the other shoe drops.