I think the article is misdirected. A few years ago Japan increased their money supply by 30% to dig themselves out of their depression and it failed to work. So increasing the money supply I doubt will work any better here in the U.S. All those people now being foreclosed on should have had their loan applications disqualified. That responsibility falls to Washington to regulate, not the Federal Reserve, and the biggest scream that "you can't do that" would have been Washington, not the Federal Reserve I believe.