No no . Not those things . What the fed has done is increased asset valuations like mad . But only financial asset valuations the stock market . Hence , only those already in it have benefited . Those outside have only seen the benefits of this on an intermittent basis . Read about the Greenspan Put . He allowed anyone to sell to him in the market and bought everything to keep the interest rates down . This led to asset inflation . But since this was the first time it was implemented , it led to an unprecedented financial boom over which he presided . And then , 2000 happened and he continued his strategy . By 2008 , when all this money has gone into unproductive financial assets which are simply gambling money , the shitstorm was so big , it was impossible to believe we ' d fucked up so monumentally . But then , we had .