State Wars Bleed a Nation to Death

Source: Ludwig von Mises Institute
by George Ford Smith

“The US, with its military prowess that comprises approximately 37 percent of all global military spending and exceeds the combined defense budgets of the next nine largest spenders, no longer worries about winning or losing wars. The point is to get them started — let the death and destruction begin. That’s where the money is — initially. Later, profits are made from rebuilding countries the attackers have demolished. But there’s a looming question: Does the American state have the funds to pick on any country it chooses? The answer: As long as the Federal Open Market Committee of the Federal Reserve remains functional and Americans remain ignorant of its work, the sky’s the limit, at least until people wise up or the ink runs dry on its printing press.” (04/13/26)

https://mises.org/mises-wire/state-wars-bleed-nation-death