One Hundred Thirty One: Bernanke QE

I can think of no reason for the actions of Bernanke other than something like high-class bribery.  As the economy makes one more gasp at trying to undo the excesses of borrowing and spending of the years leading up to 2008, by naturally and inevitably growing at sub-normal rates, BB is rumored to be on the verge of yet another round of QE to spur consumer spending.  Any rational adult who has ever balanced a check book and a household budget (this excludes Obama by the way) knows that this is lunacy.  The chickens must come home to roost eventually.  Debts must be paid by someone.  If not the debtor, then the creditor must write off receivables.  Either way, income from the present must be used for past spending.  This requires retraction, retrenchment, recession.  People must live in smaller houses, or rent their homes instead of owning.  BB says he wants some inflation.  But higher prices are anathema to those experiencing a lower standard of living.  Why does Bernanke keep pursuing this course?  Perhaps he has been offered something of value in exchange for making policy decisions which will help someone get reelected.