Apr 23, 2022
Something to keep in mind about defence spending, is that our capital markets could not function, if the government didn't siphon up trillions in surplus investment money.
Money is a contract, where the asset is backed by the debt, so to store the asset, there has to be similar amounts of debt. The secret sauce of capitalism is public debt backing private wealth.
Which makes the military industrial complex the trophy wife of the banks. She gets all the toys she wants and no one can tell her she doesn't know shit about strategy.
https://medium.com/discourse/the-worm-in-the-apple-of-modern-capitalism-a46081000d5a