This video is not misleading. The more you mess with market forces the more trouble you are going to run into. Keynesian economics makes no sense. It is immoral, and will always end the way the video says it will – with hyper inflation. The universities and schools are brainwashing people to think that this is the proper way to deal with economics when it is mere theory and has failed again and again and again. It is true printing money and lowering the dollar temporarily makes things better but as soon as you get that devalued dollar in your pocket and your wage has not gone up at subway or as a bank teller or whatever your job is. YOU GET THE SHORT END OF THE STICK. and the big financial institutions are the ones who benefit. In the same way that a counterfeiter benefits from his printed money at full value but when it gets into circulation the whole money supply is devalued. ITS A SCAM.

We have to liquidate the debt. we have to show countries like China that we are going to change our ways and stop increasing our national debt. Even if we turned the ship around and got a balanced budget amendment passed it could be possible that faith would be restored in the dollar. BUT as long as the federal reserve is in charge of whats goign on with the dollar we are headed for DOOM. this is not to scare people but to wake them up. The fed sucks at what it does.
http://mises.org/media/5607

^^^^this is a guy who explains in detail how the fed has failed according to their own objectives!