Oil Prices and Euro Up

Looking that the price of oil today at $65 per barrel and the Euro at 1.39, I am seeing a clear indication that the dollar is weakening. The only cause for this would be a flood of US dollars over the last few months added to circulation. This is a clear sign to me that the current Obama administration is following in the same steps of his predecessors Bush Jr and Clinton. We can expect a similar pattern of a booming economy by the next election and recession two to three years after that. The Dollar will continue to be the means by which we tighten and loosen the economy.