Obama, “Spread the wealth around a little.”
Really? Shocked? Obama anti xL Keystone pipeline made sure the printing of money was going to be wasted into the little product markets.
When bartering there always is a residual credit as all barter are never equal. Money credit residual or remainders are thus created. They are a liability unless they can be fund raised into a church or big project, thus collected and revalued.
Yellen has no concept of what she is talking about or she is too afraid to blame Obama for creating a stockpile of pre credited residual credits and washing them off into mundane transactions without meaning which go into the consumed trash can.
So we spent 17 trillions for nothing but trinkets and this 17 trillion now will sit there used up and without any value. That means hyper inflation. Because even if the governemnt reraised taxes to pay their workers, there is no way in heck a salesman would agree to be paid by said government workers with this trashy cash.
So here we come price control which will worsen the inflation yet.
