This latest market downtown and negatively-spinning market data practically ensures that Uncle Ben's deflation protectionist policy will slip by the JECK Feds (the austerity-measurists Kansas, Richmond, Philadelphia, and Dallas Federalists).
Remember that Uncle Ben was prepared to bail-out up to $5T and he's at a measly $1.8T so far. We're just scratching the surface.
Now, having said that, even IF these bail-outs are applied, and when, the effect on inflation is easily 18 months out, providing credence to the unprofitably of my recent maniacal TBT buying spree, however, it is an eventuality and needs to be factored into any portfolio.
PS - my opinion is, further bail-puts are more of a 'when' than an 'if' because the US will never sacrifice its the dollar's global hegemony via deflation.