The next time you decide to go on vacation abroad, expect your money to stretch a lot less. In the tradition of African demagogues (read Mugabe), the President of the United States has decided that the best way to solve the country’s economic crisis is to print, borrow, and spend more money leading to two inevitable consequences: more taxation and more inflation. We already know that Obama has increased taxes in the short and long term and right now is pushing for a health care system that will cost Americans trillions more. That is old news. That is what voters chose last November. That is what we must endure. What many have not fully considered is: what happens after the federal government floods the economy with fresh and crispy hundred dollar bills? The same thing that has happened throughout history: inflation.

Already a hedge fund has bet that Obama’s spending will lead to hyperinflation, essentially putting their money where their mouth is. What inflation means to America is clear: higher costs at the supermarket, higher cost of gas, higher cost of clothing, higher cost of everything… Major investors and funds are already getting scared and investing in metals and other currencies rather than the US Dollar, if the trend continues a run on the dollar will mean that our currency will collapse and our most powerful weapon, our economy, will be rendered useless. It makes sense if you think about it, how else could Obama put his face on the one thousand dollar bill?

-AG

Update here.