It is a rather incredible charade, that appears propelled by Eisenhower's, "military industrial complex." Which would define our actions since the end of World War 2.

I think the real elephant in the room though, is the financial system is dependent on government debt. Could Wall Street function, if the government wasn't borrowing up trillions in surplus investment money?

The Federal debt really started with the New Deal, so not only was Roosevelt putting unemployed labor back to work, but unemployed capital as well. Then WW2 started funneling it into the military industrial complex and there was no turning back. Kennedy tried.

The fact is that money functions as a social contract and accounting device, to enable markets, while people have come to see it as a commodity to mine from the markets. The medium has become the message.

Given the asset is backed by the debt, storing the asset requires generating the debt. The secret sauce of capitalism is public debt backing private wealth. The military industrial complex is like the trophy wife of the financial sector.

We are linear, goal oriented creatures in a cyclical, circular, feedback generated reality.