Fed can only print, for it must suppress interest rates. All other paths lead to runaway gov debt. All their academic wording is but camouflage for this fact. And the printing delays, while also exacerbates, the problem (higher money supply growth = bonds worth less and thus interest rates should rise) Impossible situation. No single person is responsible. It's the entire apparatus of fiat currency + democracy which inevitably leads to the situation. When the musical chairs stop, it will be the event of our lifetimes, and the consequences unspeakable. Own hard assets and make your life as resilient as possible.(Erik Voorhees)