Yes, I do believe that is the current situation, but on another note, I expect the economy to turn down again, the cycle is going to be much shorter this time (meaning the good times aren't going to last very long). Look at where the stocks are already. There's too much inflation with not enough actually financial strength behind it. The P/E ratios are out of wack and if it keeps climbing at this rate, the backing will not be there (in layman's terms - another bubble - this time it's the banks). That coupled with the national debt, if the other countries start to lose faith in all the US IOUs, the dollar will collapse. The government should have left their hands out of it and let it correct itself based on a past history of crashes every 10-12 years. They have made it more volatile.