These aren't the easiest readings, but they're what some pretty smart people are looking at, so I thought I'd pass along, with major props to Morgan Stanley:
* Roadmap for the Fed's exit strategy;
* Issues associated with excess reserves on the Fed's balance sheet;
* Outlook for inflation and why the Fed might want "controlled inflation";
* Prospects for hyperinflation;
* Stealth inflation will become manifest when Fed stops paying interest on reserves.