It most emphatically IS NOT "printing money like crazy". The 700B bailout, for example, is being financed by borrowing, not printing. Don't be fooled by charts that purport to short growth in the monetary base, but actually show borrowing or transferring. The Fed and Treasury have been very conservative on the printing presses.
Borrowing from who?
Where’s that money going to come from? The monetary base is being expanded one way or another.