Is everyone ready for QE2?

There are many different views on this thing. FED believes this could be the way to restore employment with the assumption that inflation is not a threat at the moment. I am really not very comfortable with the whole global imbalance thing. No one will be benefiting in long run. If the west continues to spend on credit and the east continues to save, we will continue to have distressed assets in the west and highly inflated assets that may burst in the east...

http://marketnoise.blogspot.com/2010...cy-war_27.html

Should we be worried or should we just watch more porn and enjoy life? The next generation will take on our shit later...