Inflating war: Central Banking and Militarism are Intimately Linked (Economics)
The American Conservative 2010, August, 9, 8
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Publisher Description
"ONE CAN SAY without exaggeration that inflation is an indispensable means of militarism," Ludwig von Mises wrote. "Without it, the repercussions of war on welfare become obvious much more quickly and penetratingly; war weariness would set in much earlier." This explains why American politicians have always resorted to the legalized counterfeiting of central banking to finance wars, the most expensive of all government programs. If citizens had a clearer picture of the true costs, they would be more inclined to oppose nondefensive intervention and to force all wars to hastier conclusions.