Originally Posted by BucEyedPea
The increase in the money supply means that is money to spend. That allows the govt to spend and to pay back with cheaper dollars. It allows them to avoid using taxes alone to fund the govt or there would have been a taxpayer revolution a looooong time ago. Unfortunately, it debauches our currency. If the economy should pick up more, then we'd see double digit (perhaps worse inflation).
DING DING DING! Now carry it through....
What did Clinton have and Bush destroy and Obama finish what Bush started???