It looks like the Fed is probably going to cut interest rates due to a sluggish economy. With that being the case, it would appear that low interest rates (or even ZIRP) would be here to stay.

IF that is the case, which I am not sure it is, what does 'QE Forever' look like?  The 'trees still can't grow to the sky'.  Affordability in many parts of the US is at an all time low.  Money is chasing 'deals' in the 'hood.

Does 'QE Forever' make these problems worse?  Does it create a larger chasm between have's and have nots?  How does THAT end?  Black swan?

I'd like to hear your opinions.