Accidentally yes.
QE was the exact right prescription for deflation which is what we were facing.
The Fed, Bernanke and Fisher specifically, have been scathing in their criticism of Congress and Obama’s fiscal and regulatory policies.
IMHO the economy would be significantly worse without QE. Congress and Obama have gotten away with more because QE disguised it but QE was not meant to disguise it. It was the absolute right thing to do.
What exactly do you think would have happened without QE1 and you don't have to be humble about it.