Well, Ben Bernanke, the Federal Reserve Chairman, recently announced the Fed is going to buy $40 billion worth of mortgage bonds per month until unemployment eases and the general economy improves. There is no definitive time frame for what is now QE3 (3rd round of Quantitative Easing), since the end of it will only come when the economy improves…and nobody knows when this will happen. The new “QE3: To Infinity and Beyond!” is designed to keep interest rates low, which is supposed to spur lending and improve hiring in the private sector. This may or may not actually help, and may actually lead to higher inflation down the road due to the printing of new money to pay for the bonds. Essentially, the Fed is swapping books with banks, exchanging money for debt.