Changes

The current '''Obama administration monetary policy''' is to increase the money supply enough to inflate the currency (to about 1.8% per year) and offer very low interest rates resulting in net negative interest rates to bank depositors, but hopefully making the rates attractive to businesses for the purposes of expansion.   

The current '''Obama administration monetary policy''' is to increase the money supply enough to inflate the currency (to about 1.8% per year) and offer very low interest rates resulting in net negative interest rates to bank depositors, but hopefully making the rates attractive to businesses for the purposes of expansion.   

At first, the Obama administration monetary policy was the reckless [[monetary policy]] of [[monetizing debt]] at an unprecedented rate which would have very likely led to [[inflation]], [[hyperinflation]], [[stagflation]], or hyper-stagflation.  In February 2010, concerning the [[Obama administration]]'s [[monetary policy]], the world renowned investor Jim Rogers said that the [[European Union]], [[China|Chinese]], and [[Australia]]n central bankers were more competent and honest than the [[Federal Reserve]] and that Federal Reserve Chairman [[Ben Bernanke]] was "throwing gasoline on a fire" via his [[inflation]]ary policies which were debasing the United States dollar.<ref>http://www.youtube.com/watch?v=zzTXaAXusiI</ref>

At first, the Obama administration monetary policy was the reckless [[monetary policy]] of [[monetizing debt]] at an unprecedented rate which would have very likely led to [[inflation]], [[hyperinflation]], [[stagflation]], or hyper-stagflation.  In February 2010, concerning the [[Obama administration]]'s [[monetary policy]], the world renowned investor Jim Rogers said that the [[European Union]], [[China|Chinese]], and [[Australia]]n central bankers were more competent and honest than the [[Federal Reserve]] and that Federal Reserve Chairman [[Ben Bernanke]] was "throwing gasoline on a fire" via his [[inflation]]ary policies which were debasing the United States dollar.<ref>https://www.youtube.com/watch?v=zzTXaAXusiI</ref>

Instead, the administration has simply incurred $7.2 trillion in new U.S. Government debt (40% of a year's entire produced wealth in the United States in 2014) as of September 2014, prior to the enormous expenses expected from the retirement of the baby boomers, pressuring ''future'' administrations to either monetize the debt or make the politically unattractive choice of directly cutting Social Security or medical benefits to seniors and others.   

Instead, the administration has simply incurred $7.2 trillion in new U.S. Government debt (40% of a year's entire produced wealth in the United States in 2014) as of September 2014, prior to the enormous expenses expected from the retirement of the baby boomers, pressuring ''future'' administrations to either monetize the debt or make the politically unattractive choice of directly cutting Social Security or medical benefits to seniors and others.   

'''2009 Videos''':

'''2009 Videos''':

*[http://www.youtube.com/watch?v=RGlm9Bi_Few&feature=related Jim Rogers Says "America is out of control, demise of the dollar]

*[https://www.youtube.com/watch?v=RGlm9Bi_Few&feature=related Jim Rogers Says "America is out of control, demise of the dollar]

*[http://www.youtube.com/watch?v=qw1hkEor6sM&feature=channel_page Glenn Beck on Printing Money]

*[https://www.youtube.com/watch?v=qw1hkEor6sM&feature=channel_page Glenn Beck on Printing Money]

*[http://www.youtube.com/watch?v=jdEuXuslrLA Ron Paul, Glenn Beck & Company: Monetizing the Debt - The Truth]

*[https://www.youtube.com/watch?v=jdEuXuslrLA Ron Paul, Glenn Beck & Company: Monetizing the Debt - The Truth]

*[http://www.youtube.com/watch?v=M4v5x932cNE Peter Schiff - Impending hyperinflation]

*[https://www.youtube.com/watch?v=M4v5x932cNE Peter Schiff - Impending hyperinflation]

*[http://www.youtube.com/watch?v=DpQqLCbD1EY&feature=related Inflation Is Going To Increase Very Substantially As A Result Of Money Printing] May 30, 2009

*[https://www.youtube.com/watch?v=DpQqLCbD1EY&feature=related Inflation Is Going To Increase Very Substantially As A Result Of Money Printing] May 30, 2009

*[http://www.youtube.com/user/hyperstagflation Hyperstagflation]

*[https://www.youtube.com/user/hyperstagflation Hyperstagflation]

*[http://www.youtube.com/watch?v=oVOuC0qSrR8 $78.8 Trillion; United States Debt Obligations exceed world GDP; Monetary Collapse Looming?] February 16, 2009

*[https://www.youtube.com/watch?v=oVOuC0qSrR8 $78.8 Trillion; United States Debt Obligations exceed world GDP; Monetary Collapse Looming?] February 16, 2009

'''2008 Videos'''

'''2008 Videos'''

*[http://www.youtube.com/watch?v=1Ahaczm7Ahw Peter Schiff - Obama = print print print print print] - November 6, 2008

*[https://www.youtube.com/watch?v=1Ahaczm7Ahw Peter Schiff - Obama = print print print print print] - November 6, 2008

==See also ==

==See also ==

*[[Obamunism]]

*[[Obamunism]]