Yeah, it's going to take some time to work through the system. Most of it so far has been loans and since the world is more than happy to buy US Treasuries right now (to escape their own problem currencies), that money might not show as inflation ever. Some of it hasn't gone out the door yet either.
However, they just turned on the press full bore starting a couple of weeks ago. If you see references to 'Quantative Easing' that's what that is all about..In fact they just announced another $800B today and essentially stated they will spend whatever it takes.
Here's a nice breakdown so far -
It's coming though.. next spring maybe?
buy gold while it's cheap. I hear even Citibank is calling for $2000/oz. Crazy.
end game per our keynesian 'experts' - "In the long run, we're all dead"