I remember the former Russian Prime-Minister, Egor Gaidar explaining back in the 90ies to his leftie liberal opponents (former communist apparatchiks) in the Duma that printing money is bad for the economy. While there is some initial euphoria after the money influx, after 6-9 months the inflation catches up, and all the results of the stimulus are gone, and the people are saddled with even more discombobulated economy, mal-investment and high unemployment. In short, things got worse, not better.
Lets now examine the United State. Bush and his liberal cohorts in Congress and Senate pushed a lot of money in late summer, and fall. You surely remember the stimulus checks, money for the banks, the whole nine yards. Trillions of dollars left the government purse and were injected into the economy. It's April now, and the stocks started an unexplainable rise, while unemployment is going up. If you know economic theory - there is nothing puzzling in this situation. Wait for the inflation to hit the stores pretty soon now. It will become ugly. Will it be worse than 10% inflation? It most likely will - since don't forget that Obama makes Bush look like a fiscal ultra-conservative. It will be a long and sustained inflation. Should we expect price controls? Very plausible from this administration.
The New World Order is here - same as Old Europe.