The trillions that have been printed over the past few years (QE1/QE2) are part of the Fed's attempt to kick-start this dead economy. Having interest rates at ~0% is part of the same effort. This has not worked like Bernanke and the Administration expected. Having interest rates at 0% for 2+ years.... this alone should have easily created a boom. These actions by the Fed expand the money supply directly and indirectly. They are trying everything possible to stimulate the economy without also triggering causing an inflation problem. This is a major balancing act, and it is becoming very difficult for them to continue on this path.
I think the RV would actually make the situation much worse because it would pump trillions more USD into our system electronically, on top of what the Fed has already done. Anyway, for what it worth, I think all of this plays against our cause. Some have claimed our government is delaying the RV. I have no idea... but if this were true, I would lay odds this could be a reason why they would want to delay it.
Just my two cents…