We don't need to see interest rates spike to unheard of levels like the 1980's... all Bernanke has to do is lower the Fed's balance sheet back to the long term uptrend in the chart above.. As Uncle Milton Friedman would say..
"Expand the long term money supply at a constant rate.."
That line was slowly going up at around $800 billion on the Fed's balance sheet.. over a period of time.. like the next 4 or 5 or heck even 10 years I believe you will see the Fed's balance sheet shrink back to that long term uptrend...
NOW I yield the floor.. for the rest of the day.. be back tonight.. "later." | 
I respectfully disagree with a key point of John Burns argument.
