Obama will spend money to “create jobs” but will not raise taxes to pay for the spending (as is already the case.) He will be forced to print the money needed for the economic stimulus (as is already happening.) The Fed will then give out more printed money so the banks can “make loans” (which has already happened.) This will lead to massive inflation due to trillions of dollars of worthless money entering the system. The second are debts are called in, the government stops providing billions of dollars in stimulus, or when the inflation catches up with the printing of worthless money we will have an even greater crash in the market.

Obama’s tactics didn’t work for FDR in the 1930s or Japan in more recent times, and they will not work for us now. We will simply have more debt, more inflation, and massive unemployment when all is said and done. History is crystal clear about this outcome.

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Duration : 0:7:14

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