Unwinding? Our note, 08/24/2009: Ben offers no mea culpa; oh, he blinked and then panicked (not what one would expect of a General). Ben unwind now. The Vienna School's view that these things are undecidable (which is a computational issue) is right on.
At the time, we were all expecting some type of normal withdrawal from the addictive ways. But, the addicts won out, and savers became more flayed than sacked.
Recently, a WSJ opinion brought this back to fore for me. How the Fed Has Warped the 401(k). The image is an excerpt.
Be sure to read the comments. A lot of these are people talking about their strategies for beating the system, in the sense of not losing their money and obtaining some type of gain. Remember, we have quoted Niels as saying that the only way to not lose is fiddling (insider info, etc.).
What we need for savers is the savings bond, rather than the market chimera, that pays interest over time. There is much to discuss in this regard.
11/20/2015 -- Taking winnings (?) off the table.