Obama inherited an economy that was dead in the water. He pumped trillions into the economy by way of a jump start. While that worked, it did massively increase the internal debt and that upset the Hell out of the Republicans who don't give a shit about anything - as long as they don't have to pay more tax.
Some economists were predicting that the Federal Reserve would manage things so as to create a period of high inflation with the intention of lowering the relative value of said trillions. When I read that they were printing money I was somewhat concerned. More so because they were being just a bit sneaky, they didn't announce they were printing money, they anounced a "quantitative easing".
So far so good though, fingers crossed.
There is a grey blur, and a green blur. I try to stay on the grey one. - Joey Dunlop
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