That assumes that the fed beleives that a big balance sheet of the Fed leads to inflation. However, they (so far) rightfully do not believe that, and there are

That assumes that the fed beleives that a big balance sheet of the Fed leads to inflation. However, they (so far) rightfully do not believe that, and there are next to no inflation to see. http://libertystreeteconomics.newyorkfed.org/2011/06/will-quantitative-easing-trigger-inflation.html http://libertystreeteconomics.newyorkfed.org/2011/06/will-qu...