Just the Facts Ma’am, Just The Facts

``The common misconception that the Fed is adding massive amounts of liquidity to the system continues to run rampant, both in the mainstream financial infomercial media and, disappointingly, in the blogosphere. While the BOE and ECB have made enormous increases in their monetary bases over the past couple of months in response to a frozen credit market and a banking system in crisis in the Europe, the Fed has yet to join the party.'' -- Is the Fed's greatest fear... inflation? IT very well may be... and perhaps should be.