Obama's Inflation
America is heading towards the path of inflation and under Obama's economic plan it may very well be one of the worst inflationary periods ever experienced. The cornerstone of Obama's economic plan rests on the following, from a CNN story : On Monday, President-elect Barack Obama said the measures would be "creating and saving 2.5 million jobs - jobs rebuilding our crumbling roads and bridges, modernizing our schools, and creating the clean energy infrastructure of the twenty-first century." In order to understand why this is far more dangerous than meets the eye, one needs only to look at the root cause of inflation. Despite what you may know or not know about inflation, the primary cause is the increase in monetary supply, or simply put - money. When money is created out of thin air and not matched by a corresponding output (GDP), the value of this money drops. There is only force that can create money, it is our government and it is doing so at a very rapid rate...