It seems no one is paying attention, but inflation is going to become a problem it is common sense! With the current failing Federal Reserve monetary policies under the leadership of Ben Bernanke our country is headed for disaster.
It is vital to understand a variety of aspect of what is being referred to as Quantitative Easing now in QE3: the third time this has been done. It is the process of the Federal Reserve printing money to purchase debt not only from government, but from individuals resulting in a huge increase in currency in circulation and "vault cash" or the money the banks have stored.
The problem is that the actions of the Fed can have severe consequences, inflation in this case.This is the real fiscal cliff, one where recovery can lead to an inflation led recession.