Q&A: Is this a pretty good description of what the Fed is doing now with its trillions in commitments of new credit?

Question by DAR: Is this a pretty good description of what the Fed is doing now with its trillions in commitments of new credit?
"#4 – The Fed blows up yet another bubble

Conventional wisdom said that the Fed was out of bubbles to blow up once the housing market fell apart (and continues to do so). True, the home was probably the most convenient way that people could be cajoled into borrowing money on ‘equity' that in fact never really existed to begin with. However, the Fed properly

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