The Fed just filled the punch bowl again

The Fed has promised more liquidity for the credit bubble. It's like a balloon with a hole in the side. The Fed keeps filling the balloon, but the air keeps rushing out. The more they fill, the greater the ultimate collapse. The Fed is creating a 1930's meltdown. The longer they forestall the pain, the greater the ultimate pain will be. They should let the market correct itself instead of printing more money. I hope everyone's got a lot invested in gold and precious metals. Katy, bar the door!