i love ben bernanke, page-6

"... what else can they do to avoid the Mother, Father and Great Grandfather of all Depressions?"

The best thing to fix a depression is to have a depression. Take your medicine, reset back to zero and then move on quickly as in 1930.

More debt, QE call it what you like is only putting off the inevitable to a future date whereby the problem only becomes much worse. Death by a thousand cuts springs to mind.