http://www.cnbc.com/id/100686676 I agree at this point in time, mid 2013. I understand QE during the debacle of 2008/2009/2010, and perhaps even into 2011 or 2012. At this point, all indications are that this is just creating fake wealth to the people that least need it, with little or no expenditure into hiring new workers by business. One thing is, the FED strategy would work if the masses re educated themselves into more tech savvy careers, but people are just giving up instead of doing that. Ideally, what it is trying to do is probably correct, but human beings in this country at least are not ready for it. Just look at the language we use to address technical people and the way we portray them in the media, geeks and nose picking "nerds." That is why these jobs are going elsewhere in the world or we can't get enough H1B visa residents. Manufacturing jobs do appear to be making a very trickling comeback, but nowhere near enough to make a dent in the unemployment rate [for men].