Either they will extend the program or reduce interest rates drastically, the new expansionary cycle has begun, we have been doing this for more than 120 years, this time it will be no different. The FIAT system is like a drug, you need more and more of it to have the same effect, there is no turning back.  

 Absolutely. 

 I wonder if Satoshi made the halvings schedule such way to match the liquidity cycles