[ALPAPilot]

Congress created the crisis, not the Fed.

Correct, requiring banks to lend to those who couldn't repay, spending more than they receive in taxes, and confiscatory tax rates will do us in always. The value of the dollar has stayed remarkable steady through this mess, so the Federal Reserve has been able to accomplish it's primary task.

[DManA]

High unemployment (caused by congressional meddling in the economy) has dampened labor demand for higher wages. This also has limited inflation.