Germany’s Chancellor Angela Merkel (a former East German physicist) has refused to heed the hedonist B. Hussein Obama (an agitator from Chicago) who is urging her to print and inflate her country’s currency to Weimar-Republic levels.

“Financier- philanthropist” George Soros—also an all-round radical and BHO surrogate—has stepped in to muscle Merkel implying, writes Amity Shlaes, that,

“Germany should look to the U.S., where President Barack Obama has spent vigorously and Federal Reserve Chairman Ben Bernanke has created money for the greater good. Soros, the tutor again, underscored that Germany clearly “does not know what it is doing.”

There are reasons for the meddling:

Beyond Merkel’s personal memory there is the German national memory of the 1920s hyperinflation. That resulted from the decision of a desperate Weimar Republic to inflate its way out of war debts. That hyperinflation so punished middle-class savings and so weakened the 1920s economy that the average German became more susceptible to maniacs like Adolf Hitler and the communists.
Pressure on Germany from Soros, and for that matter, from the Obama administration, makes it harder for Merkel or other European leaders to heed their own sound instincts. Soros’s pressure also obscures a desirable policy path for Germany, one in which it practices fiscal discipline and growth creation so well that other euro nations emulate it.

Read Shlaes’ analysis.