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The deficit hawks are circling, hovering over QE2, calling it just another inflationary bank bailout. But unlike QE1, QE2 is not about saving the banks. It's about funding the federal deficit without increasing the interest tab, something that may be necessary in this gridlocked political climate just to keep the government functioning.

Little time to enjoy the GOP takeover of control of the House. It is time to try and reverse healthcare and put the country back on track. It is also time to find out about the quantitative easing by the Fed.

Unlike Zimbabwe, the US can easily get the currency it needs without being beholden to anyone. But wouldn't that dilute the value of the currency? No.