Another Fed head fake

After declaring the end of quantitative easing (i.e., money printing) late in 2009, we see the Fed has done a 180 degree turn and left the door open for further stimulative easing. Plans to end purchases of US Treasury bonds were revealed late last year, as well as the planned termination of agency mortgage-backed securities purchases in March, 2010. Now the Fed is doing an about-face--in case the housing market and economy doesn't recover as planned.

http://www.reuters.com/article/idUSN0530695520100105?type=marketsNews

Quantitative easing to infinity sure sounds like a recipe for inflation.