The scale of war, fraud, and corruption are absolutely and unequivocally tied to how how money works.
If you think it isn’t, then answer me this: if a guy who started a war, had a tree that grew dollars on it. Why would they ever stop the war if they hadn’t “won” yet, and who is going to take away their funding for not wanting to invest in such a lost cause.
The century of total war coinciding with the century of central banking is not at all a coincidence.
When I think about this it makes me wonder if this is a perverse advantage of fiat money. If one nation can pay for weapons with printed paper while another has decided to use sound money, does this offer an advantage to the nation that prints?
Absolutely. It’s why every nation in the world had to revert to the same fraud. If your enemy does it but you don’t, you lose by default.
Interestingly if the gold standard is beginning to fall apart, the pressures and political instability caused by too much debt are building up, major nations have established central banks, and then a war breaks out as the financial pressures begin boiling over… it’s almost like the only course would be for everyone to print as much as possible, group together to pool resources and attempt to “out network” the enemy money printer, and fight as long as possible since the winner basically gets to push the entire cost onto the losing side through hyperinflation.
… you might call it a World War… or something.
