So says the theory, yet Ben Bernanke has created hundreds of billions if not trillions of fresh cash and injected into the economy and we are not seeing runaway

So says the theory, yet Ben Bernanke has created hundreds of billions if not trillions of fresh cash and injected into the economy and we are not seeing runaway inflation. Sure, it's not used to pay down debt, but....you get the idea. Fiscal discipline doesn't always work. See Greece. Greece has been enduring fiscal discipline for at least the last 12 - 18 months...but things only get worse. You can argue that is because Greece's situation is so bad, that the fiscal discipline it needs is more than it has gotten - but that is a tough line to argue because it's hard to know how much is enough. At some point, it becomes unproductive.