Happily, Obama and the Democrats will be left holding the bag if the economy collapses in his second term.
The GOP should sack Boehner as Speaker because he is a dolt who doesn’t get the picture. If Republicans keep their hands off of any kind of bail out for the Democrats, they will not have to share in the blame. Of course, they’ll be blamed by the Democrat media whatever they do, but sane citizens will understand that they were not part of the “bipartisanship” that sank the nation’s economy.
Historically, inflation has been accompanied by higher interest and wages, which “offset” it. Does anyone see this happening?
schiff pingy...
And the treasury gets the cash to spend on Christmas Gifts for Democrat constituents as promised, infinitely.
Inflation is the gift that never stops giving, to marxists.
Inflation reduces the worth of savings to essentially ZERO, thus wiping out accumulated wealth.
Inflation allows the government agencies to give more worthless dollars in benefits to the public, while crowing that they have given more benefits.
Inflation causes all prices to rise, including the economic indicators, such as the stock market. Then the government and its branch in the media crow how the economy is improving, while it’s actually going to hell.
Inflation wipes out government’s debt obligations, thus “solving” one of government’s big problems.
The liberal elite in government will not be hurt by inflation. They have given themselves a guarantee to never be hurt by rising prices - automatic pay raises, and automatic increases in their gold-plated medical insurance.