Wouldn't go as far to say as the US will implode, but Fed QE has greatly distorted financial and real estate markets. The Fed has pumped over $3 trillion into the bond markets since the financial crisis and are currently buying at a pace of $1.02 trillion per year. Since the US govt has never done this before, no one knows the consequences of these actions. There are dissenters within the Fed itself over QE, notably Fisher, and he has recently talked about this, um, predicament. http://www.dallasfed.org/news/speeches/fisher/2013/fs130805....