If you want a good take on where the Federal Reserve stands these days and whether it will find a way to keep the money supply loose, check out the interview with Bob Gelfond, MQS Asset Management CEO. He suggests at one point that the Fed chairman may be too tied up in history.
"Clearly the powers that be led by Bernanke will continue to do as much easing as they can possibly do. Bernanke (is) convinced that the lesson of the 1930s was that the Fed was too tight and that what kept us in depression and the 1937 depression within a depression was caused by too tight of policy," he said. "I think it was caused by a lot of other things...that the Fed tightening was just one issue."