Obama administration monetary policy
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The Obama administration monetary policy is currently a reckless monetary policy of monetizing debt at an unprecedented rate which will very likely lead to inflation, hyperinflation, stagflation, or hyper-stagflation. In February of 2010, concerning the Obama administration's monetary policy, the world renowned investor Jim Rogers said that the European Union, Chinese, and Australian central bankers are more competent and honest than the Federal Reserve and that Federal Reserve Chairman Ben Bernanke is "throwing gasoline on a fire" via his inflationary policies which are debasing the United States dollar.[1]
Below are some articles and videos on the Obama administration's reckless monetary policy:
Articles:
- Fed’s Treasury Purchases March 2009 to July 2009
- Federal Reserve is Printing Money: Prepare for Hyper-Inflation August 13, 2009
- Monetary Policy — Not Obama's Stimulus—Is What Needs Watching
- Printing money is not the cure
2009 Videos:
- Jim Rogers Says "America is out of control, demise of the dollar
- Glenn Beck on Printing Money
- Ron Paul, Glenn Beck & Company: Monetizing the Debt - The Truth
- Peter Schiff - Impending hyperinflation
- Inflation Is Going To Increase Very Substantially As A Result Of Money Printing May 30, 2009
- Hyperstagflation
- $78.8 Trillion; United States Debt Obligations exceed world GDP; Monetary Collapse Looming? February 16, 2009
2008 Videos
- Peter Schiff - Obama = print print print print print - November 06, 2008