[Here] at The Daily Reckoning , we are in no hurry to pronounce judgment on Ben Bernanke’s plan to save the U.S. economy. We don’t have to. We knew it was a mistake from the very beginning. Exactly how the markets would react, we couldn’t say. But the idea of rescuing people from too much debt by lending them more money struck us a bit like serving martinis at an AA meeting; it was bound to lead to trouble.

— The Daily Reckoning (email newsletter)