Exactly! The money they pump does not go into the real economy, just into the financial system, where it's used to drive up asset prices / the stock market. The only ones who benefit from that money-pumping are the top 10% or so.

That money never trickles down to the middle class. On the other hand, the middle class ends up losing more and more ground to the elite, and the middle class is eventually hollowed out until it disappears.

As for the crash, it's long overdue. With the recent QE pumped into the repo market, many analysts say that this situation cannot continue for more than a few months before it causes a crash. Some say it'll come in April. We'll see ....