this post was submitted on 15 Oct 2023
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you can print money up to the natural resource+ labor output of a nation-state and nobody is printing that much money.
where did the 20,000 per person per year for all those years the US spent on its wars in iraq and afghanistan come from? it wasn't tax revenue.
It wasn't all tax revenue but taxes were definitely necessary for the US economy to not collapse while funding the war machine
good thing the US economy didn't collapse during those wars then...