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208 sats \ 2 replies \ @Undisciplined 21 Mar 2024 \ on: Hyperinflation econ
This assumes war is a worthwhile activity. From my perspective, sound money works great with respect to war, because it makes funding it nearly impossible.
Along with other irrational pursuits.
The trouble is, the game theory and living on the same rock with countries that can fund war.
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That's true, but defensive wars are much cheaper than offensive and people are more willing to fund them.
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