Bestselling financial author Nicholas Nassim Taleb — who is familiar with the Hayekian critique of central planning and has written scathing attacks on mathematical economics — as usual offers an interesting perspective on this second burst of inflation. In a sense, Taleb is the anti-Cowen: whereas Cowen effectively said, "Hey, it probably won't work, but we might as well give QE2 a try," Taleb effectively argues, "Hey, it just might blow up the world financial system, so let's not give QE2 a try."
http://www.economicpolicyjournal.com/2010/11/taleb-nails-it.html
http://books.google.com/books?id=7wMuF4A4XF8C
http://mises.org/daily/4851
I subscribe to this opinion, that QE2 is about avoiding another real estate crash.
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this is pretty funny and mostly true: http://www.youtube.com/watch?v=PTUY16CkS-k&feature=player_embedded
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