This is how Obama thinks and this is the reason that America will collapse if he is reelected. The more money that exists the less value it has. If everyone has a million dollars than their is no chiddush in having it. Prices rise and the dollar looses it value.
While it works in the government’s favor in the short term to print money, in the long term it makes most Americans poorer as their hard-earned dollars purchase less. Additionally, inflating the money supply encourages reckless speculation in the stock market, destroys savings, causes prices to rise, and generally does great economic harm.
If the government prints its way out of the debt problem, you may avoid getting directly taxed for the costs of the debt, but you will pay for the debt whenever you buy groceries, gas, a house, or anything else. Life, and especially the necessities, become a bigger and bigger part of your monthly budget.