The ONLY thing that has kept Obama’s Presidency alive is $10 Trillion in new government debt, Federal Reserve money printing, and interest rates at zero for his entire time in office.
that’s the Roman equivalent of throwing open the treasury and debasing the currency, big time.
The next President(s) will have hell to pay.
Pardon me if I disagree. The ONLY thing that has kept Obama’s Presidency alive is Joe Insurance Policy.
that’s the Roman equivalent of throwing open the treasury and debasing the currency, big time.
Yup. Utter fakery from start to finish.
that’s the Roman equivalent of throwing open the treasury and debasing the currency, big time.
The next President(s) will have hell to pay.
That ain't the half of it. When the banks are freed of the Regimes' regulators' draconian lending restrictions, there will be a race to the gates to get rid of their static money piles. Interest rates will temporarily drop, then inflation will kick in that will make the Weimar look like a good thing.
$10 trillion in new debt is equal to the 8 years of the $1.2 trillion in the stimulus package. That additional level of spending NEVER went away (once a dollar goes into the federal budget it never gets cut).
And like the original stimulus has never funded any investment in our infrastructure.
Bump. Feel sorry for the inheritor of this mess.