[divbzero]

Not only has the Fed’s endless easing been unfair to many, I fear what will happen next. We will suffer when the bubble pops or inflation worsens or both.

[imtringued]

We'll see about that. I was predicting deflation months ago. Now that the government is cutting back on stimulus the labor market will have to support itself.

[eru]

Do you want to bet on the 'bubble popping' or 'inflation worsening'?

Financial markets don't seem to expect either. Inflation expectations (via TIPS spreads) are where the Fed wants them.