QE can be thought of as a tool to accelerate the wealth transfer from poor to rich. Every time we go through one of these cycles the whole thing speeds up.
Additionally, I think we should reconsider the idea of making it easy to acquire debt. An economy based on debt serves only to inflate assets that are easy to acquire debt for (i.e., houses) and prices out everyone who isn't in a position to acquire debt (which is a huge number of people, mostly young and poor people, including myself).