Barack Hussein Obama borrowed about $10 trillion dollars to operate his U.S. Administration over eight years, 2008-2016. Barack Obama was the first President in U.S. history to borrow that much money. Excluding George W. Bush who responded to September 11, 2001 terror attacks, the second largest amount borrowed by a President was less than one-third. Democrat William Jefferson Clinton borrowed about $3 trillion dollars.
A problem is that $10 trillion dollars worth of U.S. currency does NOT exist. Disregarding U.S. Laws and international conventions it’s absolutely impossible to collect that much American cash at one time, according to the U.S. Federal Reserve Bank.
Borrowed money especially by The U.S. Government signifies money creation. At the time of Barack Obama’s Administration it was widely reported IOUs (debt obligations) were written on behalf of the U.S. Mint in order to print American cash.
An issue is the way financial systems, based in human nature, have to work (natural law). The way finance works, Barack Obama’s $10 trillion dollar debt must be created by private individuals before it’s ever repaid. He forced by threats of dissolution 99% of Americans to literally change American’s lives and The U.S. Military won’t allow dissolution by design.
Moreover, inflation doesn’t fall under “money creation.” By the design of cash in The West from the Roman Empire, which has never been perfected on Earth, nominal amounts are supposed to represent real value. When they don’t represent any value, people communicate fraud; in history communication manifested as violence and in society it addresses courts. But you can’t address the court to dissolve government!
Thus, by definition of money only Jesus or Julius Caesar would know, money is created when our lives get better. Americans coined the expression that’s money. An example of money creation is often the washing machine. In fact, no one knows what a better life (money) is ; home appliances (1920) save time but some people (Africans) still like hand-washing and many don’t have anything to replace that (refreshing) experience with. Swimming is a supplementary good.
A major problem in Democratic societies has been that swimming pools don’t remunerate home appliance manufacturers. In primordial society they were granted rights to the pools already; instead, in history they were paid with sex or other restricted (taboo) experiences. The failure to pay has resulted in loss of land. Americans claim no homelands.
How do we say our lives are better after Democrats print money while Democrats campaign that are lives are LESS EQUAL after printing it? In fact, The U.S. State of Massachusetts increased minimum wage in 2011. That’s the problem with borrowing $10 trillion at the federal level 2008-2016, money awaits creation.