Deflation vs. Hyperinflation. The Fed is doing its best to stimulate the economy while trying to keep it from spinning out of control.
Sadly, the evidence is mounting that it may soon start spinning into the nether sphere.
Be it monetizing the debt or quantitive easing, or whatever you want to call it, the Fed has pumped trillions into the economy since 2008 and inflation is not as low as you think.
Monty Perelin over at economicnoise.com has it nailed in this piece: